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Asahi India GlassNSE:ASAHIINDIA +0.83%77 Return-on-Tangible-Equity is 13.86% as of Mar. 2026, which is 14% below its 10-year median of 16.07. GuruFocus rates NSE:ASAHIINDIA with a GF Score™ of 77/100 and a GF Value™ of ₹752.04 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,282 Vehicles & Parts companies, Asahi India Glass ranks better than 60.45% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Asahi India Glass's annualized net income for the quarter that ended in Mar. 2026 was ₹5,299 Mil. Asahi India Glass's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹38,232 Mil. Therefore, Asahi India Glass's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.86%.
The historical rank and industry rank for Asahi India Glass's Return-on-Tangible-Equity or its related term are showing as below:
NSE:ASAHIINDIA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.74 Med: 16.07 Max: 21.59
Current: 10.37
During the past 13 years, Asahi India Glass's highest Return-on-Tangible-Equity was 21.59%. The lowest was 9.74%. And the median was 16.07%.
NSE:ASAHIINDIA's Return-on-Tangible-Equity is ranked better than 60.45% of 1282
companies
in the Vehicles & Parts industry
Industry Median: 7.59
vs NSE:ASAHIINDIA: 10.37
Asahi India Glass (NSE:ASAHIINDIA) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Asahi India Glass Return-on-Tangible-Equity Related Terms
Asahi India Glass Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Asahi India Glass's Return-on-Tangible-Equity 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.
NSE:ASAHIINDIA vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Asahi India Glass's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Asahi India Glass Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Asahi India Glass's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Asahi India Glass's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 13.86% mean?
Asahi India Glass (NSE:ASAHIINDIA) has a Return-on-Tangible-Equity of 13.86% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Asahi India Glass and its competitors. This is 14% below median its historical median of 16.07. Over the past decade, Asahi India Glass' Return-on-Tangible-Equity has ranged from 9.74 to 21.59. According to the industry distribution chart, Asahi India Glass ranks #507 out of 1282 companies in the Vehicles & Parts industry, placing it in the top 39.5%.
Is Asahi India Glass' Return-on-Tangible-Equity too high?
Asahi India Glass' current Return-on-Tangible-Equity of 13.86% is 14% below median its 10-year median of 16.07. Over the past 10 years, this metric has ranged from a low of 9.74 to a high of 21.59. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.59. Asahi India Glass' value of 13.86% is 82.6% above this industry median. Based on the distribution chart, Asahi India Glass ranks #507 out of 1282 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Asahi India Glass has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi India Glass' Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Asahi India Glass ranks #507 out of 1282 companies for Return-on-Tangible-Equity. This puts Asahi India Glass in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.59. Asahi India Glass' value of 13.86% is 82.6% above this benchmark. Historically, Asahi India Glass' own Return-on-Tangible-Equity has ranged from 9.74 to 21.59 over the past decade. While the company's 10-year median is 16.07 vs. the industry median of 7.59, Asahi India Glass 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-Equity for a Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.59, based on 1,282 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asahi India Glass's current Return-on-Tangible-Equity of 13.86% is 82.6% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Asahi India Glass and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi India Glass's current Return-on-Tangible-Equity is 13.86%, which is 14% below median its own 10-year median of 16.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi India Glass stock overvalued right now?
Based on GuruFocus' analysis, Asahi India Glass (NSE:ASAHIINDIA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹752.04, compared to a current price of ₹876.55 — trading 16.6% above its estimated fair value. The current Return-on-Tangible-Equity is 13.86%, which is 14% below median its 10-year median of 16.07 and 82.6% above the Vehicles & Parts industry median of 7.59. Asahi India Glass' overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Asahi India Glass (NSE:ASAHIINDIA), the current Return-on-Tangible-Equity is 13.86% 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 Asahi India Glass (NSE:ASAHIINDIA) Overvalued in 2026?
Based on GuruFocus' analysis, Asahi India Glass stock appears to be overvalued.
The current stock price of ₹876.55 is trading 16.6% above its estimated GF Value™ of ₹752.04.
GuruFocus considers Asahi India Glass to be Modestly Overvalued.
Key valuation signals for NSE:ASAHIINDIA:
Return-on-Tangible-Equity: 13.86% (14% below median its 10-year median of 16.07)
GF Value™: ₹752.04 vs. price of ₹876.55 (16.6% above fair value)
Industry Position: 82.6% above the Vehicles & Parts median (#507 of 1282)
No single metric tells the full story. See the NSE:ASAHIINDIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asahi India Glass Ltd is a manufacturer of glass products and solutions. The company offers automotive glass products, architectural glass products, windshield repair and replacement services in India, commercial and private-living glass solutions, glass integration and installation services, and special-purpose glass solutions such as noise-canceling windows, energy-saving windows, and safety glasses. The Group has three segments namely a) Automotive, b) Building and Construction (Architectural), and c) Consumer Glass. Asahi India Glass business segment by revenue, automotive glass products, produces various glass windshields and integrated products and solutions, such as rain-sensor windshields, heated windshields, and other related products.
77GF Score
Get the complete analysis for NSE:ASAHIINDIA
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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