PetronPHS:PCOR +1.36%89 Return-on-Tangible-Asset is 1.50% as of Mar. 2026, which is 19% below its 10-year median of 1.86. GuruFocus rates PHS:PCOR with a GF Score™ of 89/100 and a GF Value™ of ₱3.04 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,030 Oil & Gas companies, Petron ranks better than 53.59% on this metric.
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. Petron's annualizedNet Income for the quarter that ended in Mar. 2026 was ₱7,656 Mil. Petron's average total tangible assets for the quarter that ended in Mar. 2026 was ₱510,505 Mil. Therefore, Petron's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.50%.
The historical rank and industry rank for Petron's Return-on-Tangible-Asset or its related term are showing as below:
PHS:PCOR'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.13 Med: 1.86 Max: 3.97
Current: 2.76
During the past 13 years, Petron's highest Return-on-Tangible-Asset was 3.97%. The lowest was -3.13%. And the median was 1.86%.
PHS:PCOR's Return-on-Tangible-Asset is ranked better than 53.59% of 1030
companies
in the Oil & Gas industry
Industry Median: 1.98
vs PHS:PCOR: 2.76
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.
Petron Return-on-Tangible-Asset Related Terms
Petron Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Petron'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.
PHS:PCOR vs VLO, MPC, PSX: Return-on-Tangible-Asset Comparison
For the Oil & Gas Refining & Marketing subindustry, Petron'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.
Petron Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Petron's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Petron'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 1.50% mean?
Petron (PHS:PCOR) has a Return-on-Tangible-Asset of 1.50% 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 Petron and its competitors. This is 19% below median its historical median of 1.86. According to the industry distribution chart, Petron ranks #478 out of 1030 companies in the Oil & Gas industry, placing it in the top 46.4%.
Is Petron's Return-on-Tangible-Asset too high?
Petron's current Return-on-Tangible-Asset of 1.50% is 19% below median its 10-year median of 1.86. The Oil & Gas industry median Return-on-Tangible-Asset is 1.98. Petron's value of 1.50% is 24.2% below this industry median. Based on the distribution chart, Petron ranks #478 out of 1030 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Petron has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Petron's Return-on-Tangible-Asset compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Petron ranks #478 out of 1030 companies for Return-on-Tangible-Asset. This puts Petron in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.98. Petron's value of 1.50% is 24.2% below this benchmark. While the company's 10-year median is 1.86 vs. the industry median of 1.98, Petron 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 Return-on-Tangible-Asset for an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 1.98, based on 1,030 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. Petron's current Return-on-Tangible-Asset of 1.50% is 24.2% 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 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 Petron and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petron's current Return-on-Tangible-Asset is 1.50%, which is 19% below median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petron stock overvalued right now?
Based on GuruFocus' analysis, Petron (PHS:PCOR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱3.04, compared to a current price of ₱2.23 — trading 26.6% below its estimated fair value. The current Return-on-Tangible-Asset is 1.50%, which is 19% below median its 10-year median of 1.86 and 24.2% below the Oil & Gas industry median of 1.98. Petron's overall GF Score™ is 89/100 with 3 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 Petron (PHS:PCOR), the current Return-on-Tangible-Asset is 1.50% 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 Petron (PHS:PCOR) Overvalued in 2026?
Based on GuruFocus' analysis, Petron stock appears to be undervalued.
The current stock price of ₱2.23 is trading 26.6% below its estimated GF Value™ of ₱3.04.
GuruFocus considers Petron to be Modestly Undervalued.
Key valuation signals for PHS:PCOR:
Return-on-Tangible-Asset: 1.50% (19% below median its 10-year median of 1.86)
GF Value™: ₱3.04 vs. price of ₱2.23 (26.6% below fair value)
Industry Position: 24.2% below the Oil & Gas median (#478 of 1030)
No single metric tells the full story. See the PHS:PCOR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Petron Corporation is the only oil refining and the marketing company in the Philippines. Its refinery processes crude oil into a full range of world-class petroleum products including diesel, gasoline, jet fuel, liquefied petroleum gas (LPG), kerosene, and petrochemicals. The company's sources are Sales of petroleum and other related products which include gasoline, diesel and kerosene offered to motorists; Sales of fuel, LPG, and lubricants to industrial customers including manufacturing, transportation, aviation, and construction; Sales of LPG and lubricants; Lease of real properties and equipment at the service stations; Export sales of various petroleum and non-fuel products to other countries. It has presence in Local and International also but majority of revenue comes from Local.
89GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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