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.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Banco Pine's annualizedNet Income for the quarter that ended in Mar. 2026 was R$600 Mil. Banco Pine's average total tangible assets for the quarter that ended in Mar. 2026 was R$32,563 Mil. Therefore, Banco Pine's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.84%.
The historical rank and industry rank for Banco Pine's Return-on-Tangible-Asset or its related term are showing as below:
BSP:PINE3'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.14 Med: -0.07 Max: 1.72
Current: 1.72
During the past 13 years, Banco Pine's highest Return-on-Tangible-Asset was 1.72%. The lowest was -3.14%. And the median was -0.07%.
BSP:PINE3's Return-on-Tangible-Asset is ranked better than 83.2% of 1524
companies
in the Banks industry
Industry Median: 1
vs BSP:PINE3: 1.72
Banco Pine (BSP:PINE3) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset 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 Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Banco Pine Return-on-Tangible-Asset Related Terms
Banco Pine Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Banco Pine's Return-on-Tangible-Asset 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.
BSP:PINE3 vs PNC, USB: Return-on-Tangible-Asset Comparison
For the Banks - Regional subindustry, Banco Pine's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Banco Pine Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Banco Pine's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Banco Pine's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible 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.
What does a Return-on-Tangible-Asset of 1.84% mean?
Banco Pine (BSP:PINE3) has a Return-on-Tangible-Asset of 1.84% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Banco Pine and its competitors. According to the industry distribution chart, Banco Pine ranks #256 out of 1524 companies in the Banks industry, placing it in the top 16.8%.
Is Banco Pine's Return-on-Tangible-Asset too high?
Banco Pine's current Return-on-Tangible-Asset is 1.84%. The Banks industry median Return-on-Tangible-Asset is 1.00. Banco Pine's value of 1.84% is 84% above this industry median. Based on the distribution chart, Banco Pine ranks #256 out of 1524 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Banco Pine has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Banco Pine's Return-on-Tangible-Asset compare to PNC and USB?
According to the Banks industry distribution chart, Banco Pine ranks #256 out of 1524 companies for Return-on-Tangible-Asset. This places Banco Pine in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.00. Banco Pine's value of 1.84% is 84% above this benchmark. 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-Asset for a Banks company?
The median Return-on-Tangible-Asset among Banks companies is 1.00, based on 1,524 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Banco Pine's current Return-on-Tangible-Asset of 1.84% is 84% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Banco Pine and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banco Pine's current Return-on-Tangible-Asset is 1.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Pine stock overvalued right now?
Based on GuruFocus' analysis, Banco Pine (BSP:PINE3) is currently considered Fairly Valued. The stock's GF Value™ is R$12.78, compared to a current price of R$11.90 — trading 6.9% below its estimated fair value. The current Return-on-Tangible-Asset is 1.84% and 84% above the Banks industry median of 1.00. Banco Pine's overall GF Score™ is 70/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Banco Pine (BSP:PINE3), the current Return-on-Tangible-Asset is 1.84% 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 Banco Pine (BSP:PINE3) Overvalued in 2026?
Based on GuruFocus' analysis, Banco Pine stock appears to be undervalued.
The current stock price of R$11.90 is trading 6.9% below its estimated GF Value™ of R$12.78.
GuruFocus considers Banco Pine to be Fairly Valued.
Key valuation signals for BSP:PINE3:
Return-on-Tangible-Asset: 1.84%
GF Value™: R$12.78 vs. price of R$11.90 (6.9% below fair value)
Industry Position: 84% above the Banks median (#256 of 1524)
No single metric tells the full story. See the BSP:PINE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banco Pine SA is a banking company. It operates commercial, credit and financing and foreign exchange portfolios. The company's operations are conducted in the context of a group of institutions which act jointly, and certain transactions involve the co-participation or intermediation of member companies of the Pine financial conglomerate. The benefits from the intercompany services and the costs for the operating and administrative structures are absorbed, either jointly or individually, by these companies as is practicable and reasonable in the circumstances.
70GF Score
Get the complete analysis for BSP:PINE3
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:PINE3 has been successfully added to your 
