Tribhovandas Bhimji Zaveri (BOM:534369) Asset Turnover: 0.40 (As of Mar. 2026)

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BOM:534369 Tribhovandas Bhimji Zaveri Ltd BOM:534369
75 GF Score
Price ₹256.55
GF Value ₹195.37
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Tribhovandas Bhimji Zaveri Asset Turnover?

Tribhovandas Bhimji Zaveri BOM:534369 -2.30% 75 Asset Turnover is 0.40 as of Mar. 2026. GuruFocus rates BOM:534369 with a GF Score™ of 75/100 and a GF Value™ of ₹195.37 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Tribhovandas Bhimji Zaveri's Revenue for the three months ended in Mar. 2026 was ₹8,297 Mil. Tribhovandas Bhimji Zaveri's Total Assets for the quarter that ended in Mar. 2026 was ₹21,020 Mil. Therefore, Tribhovandas Bhimji Zaveri's Asset Turnover for the quarter that ended in Mar. 2026 was 0.40.

Asset Turnover is linked to ROE % through Du Pont Formula. Tribhovandas Bhimji Zaveri's annualized ROE % for the quarter that ended in Mar. 2026 was 32.28%. It is also linked to ROA % through Du Pont Formula. Tribhovandas Bhimji Zaveri's annualized ROA % for the quarter that ended in Mar. 2026 was 12.87%.


Tribhovandas Bhimji Zaveri  (BOM:534369) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Tribhovandas Bhimji Zaveri's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2705.764/8381.504
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2705.764 / 33186.468)*(33186.468 / 21019.915)*(21019.915/ 8381.504)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.15 %*1.5788*2.5079
=ROA %*Equity Multiplier
=12.87 %*2.5079
=32.28 %

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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Tribhovandas Bhimji Zaveri's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=2705.764/21019.915
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2705.764 / 33186.468)*(33186.468 / 21019.915)
=Net Margin %*Asset Turnover
=8.15 %*1.5788
=12.87 %

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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Tribhovandas Bhimji Zaveri Asset Turnover Related Terms


Tribhovandas Bhimji Zaveri Asset Turnover Historical Data

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The historical data trend for Tribhovandas Bhimji Zaveri's Asset Turnover 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.

Tribhovandas Bhimji Zaveri Asset Turnover Chart

Tribhovandas Bhimji Zaveri Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 1.63 1.57 1.62 1.66

Tribhovandas Bhimji Zaveri Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.35 0.34 0.52 0.40

BOM:534369 vs TPR: Asset Turnover Comparison

For the Luxury Goods subindustry, Tribhovandas Bhimji Zaveri's Asset Turnover, along with its competitors' market caps and Asset Turnover 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.


Tribhovandas Bhimji Zaveri Asset Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tribhovandas Bhimji Zaveri's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Tribhovandas Bhimji Zaveri's Asset Turnover falls into.


BOM:534369
75GF Score
Tribhovandas Bhimji Zaveri Ltd BOM:534369
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tribhovandas Bhimji Zaveri Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Tribhovandas Bhimji Zaveri's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=32028.23/( (17693.472+21019.915)/ 2 )
=32028.23/19356.6935
=1.65

Tribhovandas Bhimji Zaveri's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=8296.617/( (0+21019.915)/ 1 )
=8296.617/21019.915
=0.39

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.40 mean?
Tribhovandas Bhimji Zaveri (BOM:534369) has a Asset Turnover of 0.40 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Tribhovandas Bhimji Zaveri and its competitors.
Is Tribhovandas Bhimji Zaveri's Asset Turnover too high?
Tribhovandas Bhimji Zaveri's current Asset Turnover is 0.40. Overall, Tribhovandas Bhimji Zaveri has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tribhovandas Bhimji Zaveri's Asset Turnover compare to TPR?
Tribhovandas Bhimji Zaveri's Asset Turnover of 0.40 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Retail - Cyclical company?
A good Asset Turnover depends on the Retail - Cyclical industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Tribhovandas Bhimji Zaveri and its competitors. Tribhovandas Bhimji Zaveri's current Asset Turnover is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tribhovandas Bhimji Zaveri stock overvalued right now?
Based on GuruFocus' analysis, Tribhovandas Bhimji Zaveri (BOM:534369) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹195.37, compared to a current price of ₹256.55 — trading 31.3% above its estimated fair value. The current Asset Turnover is 0.40. Tribhovandas Bhimji Zaveri's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Tribhovandas Bhimji Zaveri (BOM:534369), the current Asset Turnover is 0.40 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 Tribhovandas Bhimji Zaveri (BOM:534369) Overvalued in 2026?

Based on GuruFocus' analysis, Tribhovandas Bhimji Zaveri stock appears to be overvalued. The current stock price of ₹256.55 is trading 31.3% above its estimated GF Value™ of ₹195.37. GuruFocus considers Tribhovandas Bhimji Zaveri to be Significantly Overvalued.

Key valuation signals for BOM:534369:

  • Asset Turnover: 0.40
  • GF Value™: ₹195.37 vs. price of ₹256.55 (31.3% above fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the BOM:534369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tribhovandas Bhimji Zaveri Business Description

Other Exchanges TBZ:India
Address Free Press Journal Road, 1106 to 1121, 11th Floor, West Wing, Tulsiani Chambers, 212, Backbay Reclamation, Nariman Point, Mumbai, MH, IND, 400021
Tribhovandas Bhimji Zaveri Ltd is an Indian company engaged in manufacturing/trading, and selling jewellery. Its product category is Gold, Diamond, Jadau, and Platinum Jewellery. Its product portfolio comprises rings, earrings, necklaces, mangalsutra, pendants, bangles, bracelets, and coins, among others. The company provides jewellery for various occasions, including weddings, festivals, everyday wear, and contemporary and traditional wear. Its business activity falls within a single primary business segment of Jewellery and one reportable geographical segment, which is within India.
75GF Score

Get the complete analysis for BOM:534369

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹256.55
Price
₹195.37
GF Value