Popular Vehicles and Services (NSE:PVSL) Asset Turnover: 0.74 (As of Mar. 2026)


NSE:PVSL Popular Vehicles and Services Ltd NSE:PVSL
30 GF Score
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What is Popular Vehicles and Services Asset Turnover?

Popular Vehicles and Services NSE:PVSL +1.61% 30 Asset Turnover is 0.74 as of Mar. 2026. GuruFocus rates NSE:PVSL with a GF Score™ of 30/100. 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. Popular Vehicles and Services's Revenue for the three months ended in Mar. 2026 was ₹17,545 Mil. Popular Vehicles and Services's Total Assets for the quarter that ended in Mar. 2026 was ₹23,833 Mil. Therefore, Popular Vehicles and Services's Asset Turnover for the quarter that ended in Mar. 2026 was 0.74.

Asset Turnover is linked to ROE % through Du Pont Formula. Popular Vehicles and Services's annualized ROE % for the quarter that ended in Mar. 2026 was -3.16%. It is also linked to ROA % through Du Pont Formula. Popular Vehicles and Services's annualized ROA % for the quarter that ended in Mar. 2026 was -0.83%.


Popular Vehicles and Services  (NSE:PVSL) Asset Turnover Explanation

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

Popular Vehicles and Services's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-198.24/6278.37
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-198.24 / 70180.52)*(70180.52 / 23832.73)*(23832.73/ 6278.37)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.28 %*2.9447*3.796
=ROA %*Equity Multiplier
=-0.83 %*3.796
=-3.16 %

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:

Popular Vehicles and Services's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-198.24/23832.73
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-198.24 / 70180.52)*(70180.52 / 23832.73)
=Net Margin %*Asset Turnover
=-0.28 %*2.9447
=-0.83 %

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.


Popular Vehicles and Services Asset Turnover Related Terms


Popular Vehicles and Services Asset Turnover Historical Data

* Premium members only.

The historical data trend for Popular Vehicles and Services'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.

Popular Vehicles and Services Asset Turnover Chart

Popular Vehicles and Services Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial 2.77 3.38 3.11 2.87 2.98

Popular Vehicles and Services Quarterly Data
Mar19 Mar20 Mar21 Mar22 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 0.72 0.69 0.70 0.82 0.74

NSE:PVSL vs CVNA, PAG, ALTB: Asset Turnover Comparison

For the Auto & Truck Dealerships subindustry, Popular Vehicles and Services'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.


Popular Vehicles and Services Asset Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Popular Vehicles and Services's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Popular Vehicles and Services's Asset Turnover falls into.


NSE:PVSL
30GF Score
Popular Vehicles and Services Ltd NSE:PVSL
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Popular Vehicles and Services Asset Turnover Calculation

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

Popular Vehicles and Services'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 )
=63810.96/( (19045.64+23832.73)/ 2 )
=63810.96/21439.185
=2.98

Popular Vehicles and Services'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 )
=17545.13/( (0+23832.73)/ 1 )
=17545.13/23832.73
=0.74

* 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 0.74 mean?
Popular Vehicles and Services (NSE:PVSL) has a Asset Turnover of 0.74 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Popular Vehicles and Services and its competitors.
Is Popular Vehicles and Services' Asset Turnover too high?
Popular Vehicles and Services' current Asset Turnover is 0.74. Overall, Popular Vehicles and Services has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Popular Vehicles and Services' Asset Turnover compare to CVNA and PAG?
Popular Vehicles and Services' Asset Turnover of 0.74 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Asset Turnover depends on the Vehicles & Parts 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 Popular Vehicles and Services and its competitors. Popular Vehicles and Services's current Asset Turnover is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Popular Vehicles and Services stock overvalued right now?
Popular Vehicles and Services (NSE:PVSL) has a current Asset Turnover of 0.74. The current Asset Turnover is 0.74. Popular Vehicles and Services' overall GF Score™ is 30/100 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 Popular Vehicles and Services (NSE:PVSL), the current Asset Turnover is 0.74 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.

Popular Vehicles and Services Business Description

Other Exchanges 544144:India
Address Kuttukaran Centre, Mamangalam, Cochin, Ernakulam, KL, IND, 682025
Popular Vehicles and Services Ltd is engaged in automobile dealerships in India. It caters to the complete life cycle of vehicle ownership, right from the sale of new vehicles, servicing and repairing vehicles, distributing spare parts and accessories, facilitating the sale and exchange of pre-owned vehicles, operating driving schools, and facilitating the sale of third-party financial and insurance products. The group has structured its business broadly into four verticals-Passenger cars (excluding luxury vehicles), Luxury vehicles, Commercial vehicles, and others. Others comprise spare parts retail sales - other than through the respective business segments and sale of electric vehicles - two-wheelers and three-wheelers. Key revenue is generated from the passenger cars segment.
30GF Score

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

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