Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Bajaj Mobility AGPIERF 45 Return-on-Tangible-Asset is -22.39% as of Dec. 2025. GuruFocus rates PIERF with a GF Score™ of 45/100 and a GF Value™ of $17.96 (Fairly Valued). The stock has 11 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Bajaj Mobility AG ranks better than 99.62% 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. Bajaj Mobility AG's annualizedNet Income for the quarter that ended in Dec. 2025 was $-348 Mil. Bajaj Mobility AG's average total tangible assets for the quarter that ended in Dec. 2025 was $1,552 Mil. Therefore, Bajaj Mobility AG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -22.39%.
The historical rank and industry rank for Bajaj Mobility AG's Return-on-Tangible-Asset or its related term are showing as below:
PIERF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -48.65 Med: 5.42 Max: 38.86
Current: 38.86
During the past 13 years, Bajaj Mobility AG's highest Return-on-Tangible-Asset was 38.86%. The lowest was -48.65%. And the median was 5.42%.
PIERF's Return-on-Tangible-Asset is ranked better than 99.62% of 1332
companies
in the Vehicles & Parts industry
Industry Median: 3.125
vs PIERF: 38.86
Bajaj Mobility AG (OTCPK:PIERF) 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.
Bajaj Mobility AG Return-on-Tangible-Asset Related Terms
Bajaj Mobility AG Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Bajaj Mobility AG'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.
PIERF vs TSLA, GM, F: Return-on-Tangible-Asset Comparison
For the Auto Manufacturers subindustry, Bajaj Mobility AG'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.
Bajaj Mobility AG Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Bajaj Mobility AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bajaj Mobility AG'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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of -22.39% mean?
Bajaj Mobility AG (PIERF) has a Return-on-Tangible-Asset of -22.39% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Bajaj Mobility AG and its competitors. According to the industry distribution chart, Bajaj Mobility AG ranks #5 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 0.40000000000001%.
Is Bajaj Mobility AG's Return-on-Tangible-Asset too high?
Bajaj Mobility AG's current Return-on-Tangible-Asset is -22.39%. Based on the distribution chart, Bajaj Mobility AG ranks #5 out of 1332 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Bajaj Mobility AG has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bajaj Mobility AG's Return-on-Tangible-Asset compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Bajaj Mobility AG ranks #5 out of 1332 companies for Return-on-Tangible-Asset. This places Bajaj Mobility AG in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.13. 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.13, based on 1,332 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. 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 Bajaj Mobility AG and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajaj Mobility AG's current Return-on-Tangible-Asset is -22.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bajaj Mobility AG stock overvalued right now?
Based on GuruFocus' analysis, Bajaj Mobility AG (PIERF) is currently considered Fairly Valued. The stock's GF Value™ is $17.96, compared to a current price of $19.00 — trading 5.8% above its estimated fair value. The current Return-on-Tangible-Asset is -22.39%. Bajaj Mobility AG's overall GF Score™ is 45/100 with 11 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 Bajaj Mobility AG (PIERF), the current Return-on-Tangible-Asset is -22.39% as of Dec. 2025. 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 Bajaj Mobility AG (PIERF) Overvalued in 2026?
Based on GuruFocus' analysis, Bajaj Mobility AG stock appears to be overvalued.
The current stock price of $19.00 is trading 5.8% above its estimated GF Value™ of $17.96.
GuruFocus considers Bajaj Mobility AG to be Fairly Valued.
Key valuation signals for PIERF:
Return-on-Tangible-Asset: -22.39%
GF Value™: $17.96 vs. price of $19.00 (5.8% above fair value)
No single metric tells the full story. See the PIERF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bajaj Mobility AG is a manufacturer of premium motorcycles and two- and three-wheelers, bringing together performance-driven brands such as KTM, Husqvarna Motorcycles, and GASGAS, along with high-performance components under the WP brand. Focused on the premium segment, the company emphasizes innovation, engineering excellence, and brand positioning. Its Motorcycle segment, which generates the highest revenue, covers the development, production, and sale of motorcycles and components across international markets. The Bicycle segment, operated through PIERER New Mobility GmbH, includes brands such as Husqvarna E-Bicycles, GASGAS Bicycles, and FELT Bicycles, offering electric and conventional bikes. The company derives the majority of its revenue from Europe (excluding Austria).
45GF Score
Get the complete analysis for PIERF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PIERF has been successfully added to your 
