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.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. PT Asuransi Ramayana Tbk's annualizedNet Income for the quarter that ended in Mar. 2026 was Rp36,788 Mil.
PT Asuransi Ramayana Tbk's average Total Assets over the quarter that ended in Mar. 2026 was Rp1,530,955 Mil. Therefore, PT Asuransi Ramayana Tbk's annualized ROA % for the quarter that ended in Mar. 2026 was 2.40%.
The historical rank and industry rank for PT Asuransi Ramayana Tbk's ROA % or its related term are showing as below:
ISX:ASRM'
s ROA % Range Over the Past 10 Years
Min: 1.11 Med: 4.36 Max: 6.03
Current: 1.11
During the past 13 years, PT Asuransi Ramayana Tbk's highest ROA % was 6.03%. The lowest was 1.11%. And the median was 4.36%.
ISX:ASRM's ROA % is ranked worse than 70.73% of 509
companies
in the Insurance industry
Industry Median: 2.62
vs ISX:ASRM: 1.11
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* 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.
For the Insurance - Property & Casualty subindustry, PT Asuransi Ramayana Tbk's ROA %, along with its competitors' market caps and ROA % 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.
PT Asuransi Ramayana Tbk ROA % vs Insurance Industry
For the Insurance industry and Financial Services sector, PT Asuransi Ramayana Tbk's ROA % distribution charts can be found below:
* The bar in red indicates where PT Asuransi Ramayana Tbk's ROA % 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 ROA %, the net income of the last fiscal year and the average total 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.
ROA % is displayed in the 30-year financial page.
PT Asuransi Ramayana Tbk (ISX:ASRM) has a ROA % of 2.40% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on PT Asuransi Ramayana Tbk and its competitors. This is 45% below median its historical median of 4.36. Over the past decade, PT Asuransi Ramayana Tbk's ROA % has ranged from 1.11 to 6.03. According to the industry distribution chart, PT Asuransi Ramayana Tbk ranks #360 out of 509 companies in the Insurance industry, placing it in the top 70.7%.
Is PT Asuransi Ramayana Tbk's ROA % too high?
PT Asuransi Ramayana Tbk's current ROA % of 2.40% is 45% below median its 10-year median of 4.36. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 6.03. The Insurance industry median ROA % is 2.62. PT Asuransi Ramayana Tbk's value of 2.40% is 8.4% below this industry median. Based on the distribution chart, PT Asuransi Ramayana Tbk ranks #360 out of 509 companies in the Insurance industry, which is below the industry midpoint. Overall, PT Asuransi Ramayana Tbk has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Asuransi Ramayana Tbk's ROA % compare to CB and PGR?
According to the Insurance industry distribution chart, PT Asuransi Ramayana Tbk ranks #360 out of 509 companies for ROA %. This places PT Asuransi Ramayana Tbk in the lower half of its industry. The industry median ROA % is 2.62. PT Asuransi Ramayana Tbk's value of 2.40% is 8.4% below this benchmark. Historically, PT Asuransi Ramayana Tbk's own ROA % has ranged from 1.11 to 6.03 over the past decade. While the company's 10-year median is 4.36 vs. the industry median of 2.62, PT Asuransi Ramayana Tbk 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 ROA % for an Insurance company?
The median ROA % among Insurance companies is 2.62, based on 509 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Asuransi Ramayana Tbk's current ROA % of 2.40% is 8.4% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on PT Asuransi Ramayana Tbk and its competitors. For the Insurance industry, the median ROA % is 2.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Asuransi Ramayana Tbk's current ROA % is 2.40%, which is 45% below median its own 10-year median of 4.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Asuransi Ramayana Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Asuransi Ramayana Tbk (ISX:ASRM) is currently considered Fairly Valued. The stock's GF Value™ is Rp254.21, compared to a current price of Rp250.00 — trading 1.7% below its estimated fair value. The current ROA % is 2.40%, which is 45% below median its 10-year median of 4.36 and 8.4% below the Insurance industry median of 2.62. PT Asuransi Ramayana Tbk's overall GF Score™ is 55/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For PT Asuransi Ramayana Tbk (ISX:ASRM), the current ROA % is 2.40% 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 PT Asuransi Ramayana Tbk (ISX:ASRM) Overvalued in 2026?
Based on GuruFocus' analysis, PT Asuransi Ramayana Tbk stock appears to be undervalued.
The current stock price of Rp250.00 is trading 1.7% below its estimated GF Value™ of Rp254.21.
GuruFocus considers PT Asuransi Ramayana Tbk to be Fairly Valued.
Key valuation signals for ISX:ASRM:
ROA %: 2.40% (45% below median its 10-year median of 4.36)
GF Value™: Rp254.21 vs. price of Rp250.00 (1.7% below fair value)
Industry Position: 8.4% below the Insurance median (#360 of 509)
No single metric tells the full story. See the ISX:ASRM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Asuransi Ramayana Tbk is an Indonesia-based company engaged in the general insurance business. The products of the company include property insurance, motor vehicle insurance, engineering insurance, marine insurance, health insurance, aviation insurance, electronic equipment insurance, machinery breakdown insurance, personal accident insurance, money insurance, surety bonds, and others. The firm operates through the General Insurance and Office Building Rental segments.
55GF Score
Get the complete analysis for ISX:ASRM
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ISX:ASRM has been successfully added to your 
