East West BankingPHS:EW +0.33%78 Return-on-Tangible-Asset is 1.29% as of Mar. 2026, which is 13% below its 10-year median of 1.48. GuruFocus rates PHS:EW with a GF Score™ of 78/100 and a GF Value™ of ₱13.69 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,530 Banks companies, East West Banking ranks better than 82.29% 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. East West Banking's annualizedNet Income for the quarter that ended in Mar. 2026 was ₱7,422 Mil. East West Banking's average total tangible assets for the quarter that ended in Mar. 2026 was ₱575,098 Mil. Therefore, East West Banking's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.29%.
The historical rank and industry rank for East West Banking's Return-on-Tangible-Asset or its related term are showing as below:
PHS:EW'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.13 Med: 1.48 Max: 1.7
Current: 1.68
During the past 13 years, East West Banking's highest Return-on-Tangible-Asset was 1.70%. The lowest was 1.13%. And the median was 1.48%.
PHS:EW's Return-on-Tangible-Asset is ranked better than 82.29% of 1530
companies
in the Banks industry
Industry Median: 0.99
vs PHS:EW: 1.68
East West Banking (PHS:EW) 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.
East West Banking Return-on-Tangible-Asset Related Terms
East West Banking Return-on-Tangible-Asset Historical Data
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The historical data trend for East West Banking'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.
East West Banking Return-on-Tangible-Asset Competitor Comparison
For the Banks - Regional subindustry, East West Banking'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.
East West Banking Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, East West Banking's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where East West Banking'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.29% mean?
East West Banking (PHS:EW) has a Return-on-Tangible-Asset of 1.29% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on East West Banking and its competitors. This is 13% below median its historical median of 1.48. Over the past decade, East West Banking's Return-on-Tangible-Asset has ranged from 1.13 to 1.70. According to the industry distribution chart, East West Banking ranks #271 out of 1530 companies in the Banks industry, placing it in the top 17.7%.
Is East West Banking's Return-on-Tangible-Asset too high?
East West Banking's current Return-on-Tangible-Asset of 1.29% is 13% below median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 1.70. The Banks industry median Return-on-Tangible-Asset is 0.99. East West Banking's value of 1.29% is 30.3% above this industry median. Based on the distribution chart, East West Banking ranks #271 out of 1530 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, East West Banking has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does East West Banking's Return-on-Tangible-Asset compare to competitors?
According to the Banks industry distribution chart, East West Banking ranks #271 out of 1530 companies for Return-on-Tangible-Asset. This places East West Banking in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.99. East West Banking's value of 1.29% is 30.3% above this benchmark. Historically, East West Banking's own Return-on-Tangible-Asset has ranged from 1.13 to 1.70 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 0.99, East West Banking 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 Banks company?
The median Return-on-Tangible-Asset among Banks companies is 0.99, based on 1,530 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. East West Banking's current Return-on-Tangible-Asset of 1.29% is 30.3% 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 East West Banking and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. East West Banking's current Return-on-Tangible-Asset is 1.29%, which is 13% below median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is East West Banking stock overvalued right now?
Based on GuruFocus' analysis, East West Banking (PHS:EW) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱13.69, compared to a current price of ₱12.14 — trading 11.3% below its estimated fair value. The current Return-on-Tangible-Asset is 1.29%, which is 13% below median its 10-year median of 1.48 and 30.3% above the Banks industry median of 0.99. East West Banking's overall GF Score™ is 78/100 with 2 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 East West Banking (PHS:EW), the current Return-on-Tangible-Asset is 1.29% as of Mar. 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.
Is East West Banking (PHS:EW) Overvalued in 2026?
Based on GuruFocus' analysis, East West Banking stock appears to be undervalued.
The current stock price of ₱12.14 is trading 11.3% below its estimated GF Value™ of ₱13.69.
GuruFocus considers East West Banking to be Modestly Undervalued.
Key valuation signals for PHS:EW:
Return-on-Tangible-Asset: 1.29% (13% below median its 10-year median of 1.48)
GF Value™: ₱13.69 vs. price of ₱12.14 (11.3% below fair value)
Industry Position: 30.3% above the Banks median (#271 of 1530)
No single metric tells the full story. See the PHS:EW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
East West Banking Corporation is a commercial bank providing financial services in the Philippines. The bank generates all revenue domestically. The bank operates through four segments: the Retail banking segment offers traditional branch banking products and services such as deposits, back-to-back/emerging market loans, and other over-the-counter (OTC) transactions, the Corporate banking segment handles lending and trade financing for both large corporations and middle-market clients, the Consumer banking segment caters to loans for individuals, and Treasury and Trust segment consists of treasury and trust operations of the Group. The company derives a majority of its revenue from the Consumer banking segment.
78GF Score
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