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.
Standard LifeSTU:36P +0.47%38 Return-on-Tangible-Asset is -0.17% as of Dec. 2025. GuruFocus rates STU:36P with a GF Score™ of 38/100. The stock has 4 warning signs investors should review. Among 509 Insurance companies, Standard Life ranks worse than 91.36% 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. Standard Life's annualizedNet Income for the quarter that ended in Dec. 2025 was €-629 Mil. Standard Life's average total tangible assets for the quarter that ended in Dec. 2025 was €370,368 Mil. Therefore, Standard Life's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -0.17%.
The historical rank and industry rank for Standard Life's Return-on-Tangible-Asset or its related term are showing as below:
STU:36P'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.9 Med: -0.09 Max: 0.28
Current: -0.14
During the past 13 years, Standard Life's highest Return-on-Tangible-Asset was 0.28%. The lowest was -0.90%. And the median was -0.09%.
STU:36P's Return-on-Tangible-Asset is ranked worse than 91.36% of 509
companies
in the Insurance industry
Industry Median: 2.76
vs STU:36P: -0.14
Standard Life (STU:36P) 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.
Standard Life Return-on-Tangible-Asset Related Terms
Standard Life Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Standard Life'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.
STU:36P vs AFL, MET, PRU: Return-on-Tangible-Asset Comparison
For the Insurance - Life subindustry, Standard Life'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.
Standard Life Return-on-Tangible-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, Standard Life's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Standard Life'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 -0.17% mean?
Standard Life (STU:36P) has a Return-on-Tangible-Asset of -0.17% 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 Standard Life and its competitors. According to the industry distribution chart, Standard Life ranks #465 out of 509 companies in the Insurance industry, placing it in the top 91.4%.
Is Standard Life's Return-on-Tangible-Asset too high?
Standard Life's current Return-on-Tangible-Asset is -0.17%. Based on the distribution chart, Standard Life ranks #465 out of 509 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Standard Life has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Standard Life's Return-on-Tangible-Asset compare to AFL and MET?
According to the Insurance industry distribution chart, Standard Life ranks #465 out of 509 companies for Return-on-Tangible-Asset. This places Standard Life in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.76. 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 an Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.76, based on 509 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 Standard Life and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Standard Life's current Return-on-Tangible-Asset is -0.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Standard Life stock overvalued right now?
Standard Life (STU:36P) has a current Return-on-Tangible-Asset of -0.17%. The current Return-on-Tangible-Asset is -0.17%. Standard Life's overall GF Score™ is 38/100 with 4 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 Standard Life (STU:36P), the current Return-on-Tangible-Asset is -0.17% 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.
Standard Life PLC provides financial products and services related to savings and retirement planning. It serves customers directly, through financial advisers, and through employer-sponsored pension schemes.
38GF Score
Get the complete analysis for STU:36P
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
STU:36P has been successfully added to your 
