ProVen VCTLSE:PVN 30 Pretax Margin % is 127.51% as of Feb. 2026, which is 36% above its 10-year median of 93.98. GuruFocus rates LSE:PVN with a GF Score™ of 30/100. The stock has 6 warning signs investors should review. Among 1,570 Asset Management companies, ProVen VCT ranks worse than 58.41% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. ProVen VCT's Pre-Tax Income for the
six
months ended in Feb. 2026 was £-1.82 Mil. ProVen VCT's Revenue for the
six
months ended in Feb. 2026 was £-1.43 Mil. Therefore, ProVen VCT's pretax margin for the quarter that ended in Feb. 2026 was 127.51%.
The historical rank and industry rank for ProVen VCT's Pretax Margin % or its related term are showing as below:
LSE:PVN'
s Pretax Margin % Range Over the Past 10 Years
Min: 73.18 Med: 93.98 Max: 104.92
Current: 76.2
LSE:PVN's Pretax Margin % is ranked worse than 58.41% of 1570
companies
in the Asset Management industry
Industry Median: 89.62
vs LSE:PVN: 76.20
ProVen VCT (LSE:PVN) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
ProVen VCT Pretax Margin % Related Terms
ProVen VCT Pretax Margin % Historical Data
* Premium members only.
The historical data trend for ProVen VCT's Pretax Margin % 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.
LSE:PVN vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, ProVen VCT's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.
ProVen VCT Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, ProVen VCT's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where ProVen VCT's Pretax Margin % 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.
ProVen VCT (LSE:PVN) has a Pretax Margin % of 127.51% as of Feb. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on ProVen VCT and its competitors. This is 36% above median its historical median of 93.98. Over the past decade, ProVen VCT's Pretax Margin % has ranged from 73.18 to 104.92. According to the industry distribution chart, ProVen VCT ranks #917 out of 1570 companies in the Asset Management industry, placing it in the top 58.4%.
Is ProVen VCT's Pretax Margin % too high?
ProVen VCT's current Pretax Margin % of 127.51% is 36% above median its 10-year median of 93.98. Over the past 10 years, this metric has ranged from a low of 73.18 to a high of 104.92. The Asset Management industry median Pretax Margin % is 89.62. ProVen VCT's value of 127.51% is 42.3% above this industry median. Based on the distribution chart, ProVen VCT ranks #917 out of 1570 companies in the Asset Management industry, which is below the industry midpoint. Overall, ProVen VCT has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does ProVen VCT's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, ProVen VCT ranks #917 out of 1570 companies for Pretax Margin %. This places ProVen VCT in the lower half of its industry. The industry median Pretax Margin % is 89.62. ProVen VCT's value of 127.51% is 42.3% above this benchmark. Historically, ProVen VCT's own Pretax Margin % has ranged from 73.18 to 104.92 over the past decade. While the company's 10-year median is 93.98 vs. the industry median of 89.62, ProVen VCT 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 Pretax Margin % for an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.62, based on 1,570 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ProVen VCT's current Pretax Margin % of 127.51% is 42.3% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on ProVen VCT and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ProVen VCT's current Pretax Margin % is 127.51%, which is 36% above median its own 10-year median of 93.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ProVen VCT stock overvalued right now?
ProVen VCT (LSE:PVN) has a current Pretax Margin % of 127.51%. The current Pretax Margin % is 127.51%, which is 36% above median its 10-year median of 93.98 and 42.3% above the Asset Management industry median of 89.62. ProVen VCT's overall GF Score™ is 30/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For ProVen VCT (LSE:PVN), the current Pretax Margin % is 127.51% as of Feb. 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.
ProVen VCT PLC is an investment company that invests in a portfolio of carefully selected smaller companies. The Company operates as a Venture Capital Trust, enabling shareholders to benefit from available tax reliefs, and has outsourced its portfolio management and administration functions. Its investment objective is to achieve long-term returns greater than those available from portfolios of quoted companies by investing in carefully selected qualifying holdings in small and medium-sized unquoted companies with growth prospects, together with non-qualifying investments held for liquidity management purposes.
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