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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. Asian Granito India's annualized net income for the quarter that ended in Mar. 2026 was ₹-1,276 Mil. Asian Granito India's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹14,129 Mil. Therefore, Asian Granito India's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -9.03%.
The historical rank and industry rank for Asian Granito India's Return-on-Tangible-Equity or its related term are showing as below:
NSE:ASIANTILES'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.71 Med: 6.76 Max: 12.68
Current: 0.87
During the past 13 years, Asian Granito India's highest Return-on-Tangible-Equity was 12.68%. The lowest was -6.71%. And the median was 6.76%.
NSE:ASIANTILES's Return-on-Tangible-Equity is ranked worse than 74.88% of 1712
companies
in the Construction industry
Industry Median: 8.21
vs NSE:ASIANTILES: 0.87
Asian Granito India (NSE:ASIANTILES) 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.
Asian Granito India Return-on-Tangible-Equity Related Terms
Asian Granito India Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Asian Granito India'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.
Asian Granito India Return-on-Tangible-Equity Chart
NSE:ASIANTILES vs TT, JCI, CARR: Return-on-Tangible-Equity Comparison
For the Building Products & Equipment subindustry, Asian Granito India'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.
Asian Granito India Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Asian Granito India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Asian Granito India'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 -9.03% mean?
Asian Granito India (NSE:ASIANTILES) has a Return-on-Tangible-Equity of -9.03% 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 Asian Granito India and its competitors. According to the industry distribution chart, Asian Granito India ranks #1282 out of 1712 companies in the Construction industry, placing it in the top 74.9%.
Is Asian Granito India's Return-on-Tangible-Equity too high?
Asian Granito India's current Return-on-Tangible-Equity is -9.03%. Based on the distribution chart, Asian Granito India ranks #1282 out of 1712 companies in the Construction industry, which is below the industry midpoint. Overall, Asian Granito India has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asian Granito India's Return-on-Tangible-Equity compare to TT and JCI?
According to the Construction industry distribution chart, Asian Granito India ranks #1282 out of 1712 companies for Return-on-Tangible-Equity. This places Asian Granito India in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.21. 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.21, based on 1,712 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. 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 Asian Granito India and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Granito India's current Return-on-Tangible-Equity is -9.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Granito India stock overvalued right now?
Based on GuruFocus' analysis, Asian Granito India (NSE:ASIANTILES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹31.92, compared to a current price of ₹46.36 — trading 45.2% above its estimated fair value. The current Return-on-Tangible-Equity is -9.03%. Asian Granito India's overall GF Score™ is 58/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Asian Granito India (NSE:ASIANTILES), the current Return-on-Tangible-Equity is -9.03% 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 Asian Granito India (NSE:ASIANTILES) Overvalued in 2026?
Based on GuruFocus' analysis, Asian Granito India stock appears to be overvalued.
The current stock price of ₹46.36 is trading 45.2% above its estimated GF Value™ of ₹31.92.
GuruFocus considers Asian Granito India to be Significantly Overvalued.
Key valuation signals for NSE:ASIANTILES:
Return-on-Tangible-Equity: -9.03%
GF Value™: ₹31.92 vs. price of ₹46.36 (45.2% above fair value)
No single metric tells the full story. See the NSE:ASIANTILES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asian Granito India Ltd is engaged in the manufacturing and selling of wall and floor tiles. The company's product portfolio includes vitrified tiles, ceramic wall tiles, marble stones, grestek, crystal collection, aquart, and quartz stones, where some are exported to various countries such as the United States, Africa, the Gulf, and the Middle East countries. The company has only two reportable segments, which are Tiles & Others and Marble & Quartz. The firm's majority revenue is generated through sales in the Indian market.
58GF Score
Get the complete analysis for NSE:ASIANTILES
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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