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Polaris Bay Group CoSHSE:600155 +0.80%53 Return-on-Tangible-Asset is 0.22% as of Mar. 2026, which is 60% below its 10-year median of 0.55. GuruFocus rates SHSE:600155 with a GF Score™ of 53/100 and a GF Value™ of ¥5.67 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 811 Capital Markets companies, Polaris Bay Group Co ranks worse than 64.86% 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. Polaris Bay Group Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥124 Mil. Polaris Bay Group Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥57,416 Mil. Therefore, Polaris Bay Group Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.22%.
The historical rank and industry rank for Polaris Bay Group Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:600155'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.06 Med: 0.55 Max: 2.08
Current: 0.45
During the past 13 years, Polaris Bay Group Co's highest Return-on-Tangible-Asset was 2.08%. The lowest was -1.06%. And the median was 0.55%.
SHSE:600155's Return-on-Tangible-Asset is ranked worse than 64.86% of 811
companies
in the Capital Markets industry
Industry Median: 1.6
vs SHSE:600155: 0.45
Polaris Bay Group Co (SHSE:600155) 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.
Polaris Bay Group Co Return-on-Tangible-Asset Related Terms
Polaris Bay Group Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Polaris Bay Group Co'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.
Polaris Bay Group Co Return-on-Tangible-Asset Chart
SHSE:600155 vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, Polaris Bay Group Co'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.
Polaris Bay Group Co Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Polaris Bay Group Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Polaris Bay Group Co'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 0.22% mean?
Polaris Bay Group Co (SHSE:600155) has a Return-on-Tangible-Asset of 0.22% 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 Polaris Bay Group Co and its competitors. This is 60% below median its historical median of 0.55. According to the industry distribution chart, Polaris Bay Group Co ranks #526 out of 811 companies in the Capital Markets industry, placing it in the top 64.9%.
Is Polaris Bay Group Co's Return-on-Tangible-Asset too high?
Polaris Bay Group Co's current Return-on-Tangible-Asset of 0.22% is 60% below median its 10-year median of 0.55. The Capital Markets industry median Return-on-Tangible-Asset is 1.60. Polaris Bay Group Co's value of 0.22% is 86.3% below this industry median. Based on the distribution chart, Polaris Bay Group Co ranks #526 out of 811 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Polaris Bay Group Co has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polaris Bay Group Co's Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, Polaris Bay Group Co ranks #526 out of 811 companies for Return-on-Tangible-Asset. This places Polaris Bay Group Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.60. Polaris Bay Group Co's value of 0.22% is 86.3% below this benchmark. While the company's 10-year median is 0.55 vs. the industry median of 1.60, Polaris Bay Group Co has consistently been below 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.60, based on 811 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. Polaris Bay Group Co's current Return-on-Tangible-Asset of 0.22% is 86.3% below 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 Polaris Bay Group Co and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polaris Bay Group Co's current Return-on-Tangible-Asset is 0.22%, which is 60% below median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polaris Bay Group Co stock overvalued right now?
Based on GuruFocus' analysis, Polaris Bay Group Co (SHSE:600155) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.67, compared to a current price of ¥6.31 — trading 11.3% above its estimated fair value. The current Return-on-Tangible-Asset is 0.22%, which is 60% below median its 10-year median of 0.55 and 86.3% below the Capital Markets industry median of 1.60. Polaris Bay Group Co's overall GF Score™ is 53/100 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 Polaris Bay Group Co (SHSE:600155), the current Return-on-Tangible-Asset is 0.22% 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 Polaris Bay Group Co (SHSE:600155) Overvalued in 2026?
Based on GuruFocus' analysis, Polaris Bay Group Co stock appears to be overvalued.
The current stock price of ¥6.31 is trading 11.3% above its estimated GF Value™ of ¥5.67.
GuruFocus considers Polaris Bay Group Co to be Modestly Overvalued.
Key valuation signals for SHSE:600155:
Return-on-Tangible-Asset: 0.22% (60% below median its 10-year median of 0.55)
GF Value™: ¥5.67 vs. price of ¥6.31 (11.3% above fair value)
Industry Position: 86.3% below the Capital Markets median (#526 of 811)
No single metric tells the full story. See the SHSE:600155 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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