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Vraj Iron and SteelNSE:VRAJ -0.89%40 Return-on-Tangible-Asset is 9.29% as of Jun. 2026, which is 44% below its 10-year median of 16.68. GuruFocus rates NSE:VRAJ with a GF Score™ of 40/100. The stock has 3 warning signs investors should review. Among 633 Steel companies, Vraj Iron and Steel ranks better than 81.83% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Vraj Iron and Steel's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹460 Mil. Vraj Iron and Steel's average total tangible assets for the quarter that ended in Jun. 2026 was ₹4,954 Mil. Therefore, Vraj Iron and Steel's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 9.29%.
The historical rank and industry rank for Vraj Iron and Steel's Return-on-Tangible-Asset or its related term are showing as below:
NSE:VRAJ'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.01 Med: 16.68 Max: 31.55
Current: 7.83
During the past 6 years, Vraj Iron and Steel's highest Return-on-Tangible-Asset was 31.55%. The lowest was 7.01%. And the median was 16.68%.
NSE:VRAJ's Return-on-Tangible-Asset is ranked better than 81.83% of 633
companies
in the Steel industry
Industry Median: 2.31
vs NSE:VRAJ: 7.83
Vraj Iron and Steel (NSE:VRAJ) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Vraj Iron and Steel Return-on-Tangible-Asset Related Terms
Vraj Iron and Steel Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Vraj Iron and Steel's Return-on-Tangible-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Vraj Iron and Steel Return-on-Tangible-Asset Chart
NSE:VRAJ vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Vraj Iron and Steel's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Vraj Iron and Steel Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Vraj Iron and Steel's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Vraj Iron and Steel's Return-on-Tangible-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 9.29% mean?
Vraj Iron and Steel (NSE:VRAJ) has a Return-on-Tangible-Asset of 9.29% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Vraj Iron and Steel and its competitors. This is 44% below median its historical median of 16.68. Over the past decade, Vraj Iron and Steel's Return-on-Tangible-Asset has ranged from 7.01 to 31.55. According to the industry distribution chart, Vraj Iron and Steel ranks #115 out of 633 companies in the Steel industry, placing it in the top 18.2%.
Is Vraj Iron and Steel's Return-on-Tangible-Asset too high?
Vraj Iron and Steel's current Return-on-Tangible-Asset of 9.29% is 44% below median its 10-year median of 16.68. Over the past 10 years, this metric has ranged from a low of 7.01 to a high of 31.55. The Steel industry median Return-on-Tangible-Asset is 2.31. Vraj Iron and Steel's value of 9.29% is 302.2% above this industry median. Based on the distribution chart, Vraj Iron and Steel ranks #115 out of 633 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Vraj Iron and Steel has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Vraj Iron and Steel's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Vraj Iron and Steel ranks #115 out of 633 companies for Return-on-Tangible-Asset. This places Vraj Iron and Steel in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.31. Vraj Iron and Steel's value of 9.29% is 302.2% above this benchmark. Historically, Vraj Iron and Steel's own Return-on-Tangible-Asset has ranged from 7.01 to 31.55 over the past decade. While the company's 10-year median is 16.68 vs. the industry median of 2.31, Vraj Iron and Steel has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.31, based on 633 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vraj Iron and Steel's current Return-on-Tangible-Asset of 9.29% is 302.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Vraj Iron and Steel and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vraj Iron and Steel's current Return-on-Tangible-Asset is 9.29%, which is 44% below median its own 10-year median of 16.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vraj Iron and Steel stock overvalued right now?
Vraj Iron and Steel (NSE:VRAJ) has a current Return-on-Tangible-Asset of 9.29%. The current Return-on-Tangible-Asset is 9.29%, which is 44% below median its 10-year median of 16.68 and 302.2% above the Steel industry median of 2.31. Vraj Iron and Steel's overall GF Score™ is 40/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Vraj Iron and Steel (NSE:VRAJ), the current Return-on-Tangible-Asset is 9.29% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Vraj Iron and Steel Ltd is a subsidiary of Gopal Sponge and Power Private Limited, with two manufacturing units located at Raipur and Bilaspur in Chhattisgarh. The company is engaged in the manufacture of iron and steel in Central India. It produces Sponge Iron, TMT Bars, and MS Billets under the brand "Vraj." Vraj Iron And Steel focuses on manufacturing and trading iron, steel, and power, which is its primary business segment. The company offers integrated steel plants with manufacturing setups, including DRI unit, EAF, continuous billet casting mill, high-speed rolling mill, and quality assurance laboratories.
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