Pelagos Insurance CapitalPLGO +4.08%82 Return-on-Tangible-Asset is 3.30% as of Mar. 2026, which is 123% above its 10-year median of 1.48. GuruFocus rates PLGO with a GF Scoreâ„¢ of 82/100 and a GF Valueâ„¢ of $21.01 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 511 Insurance companies, Pelagos Insurance Capital ranks better than 51.66% 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. Pelagos Insurance Capital's annualizedNet Income for the quarter that ended in Mar. 2026 was $432 Mil. Pelagos Insurance Capital's average total tangible assets for the quarter that ended in Mar. 2026 was $13,077 Mil. Therefore, Pelagos Insurance Capital's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.30%.
The historical rank and industry rank for Pelagos Insurance Capital's Return-on-Tangible-Asset or its related term are showing as below:
PLGO'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.68 Med: 1.48 Max: 23.25
Current: 2.92
During the past 7 years, Pelagos Insurance Capital's highest Return-on-Tangible-Asset was 23.25%. The lowest was 0.68%. And the median was 1.48%.
PLGO's Return-on-Tangible-Asset is ranked better than 51.66% of 511
companies
in the Insurance industry
Industry Median: 2.78
vs PLGO: 2.92
Pelagos Insurance Capital (NYSE:PLGO) 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 companyÂ’s 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 companyÂ’s 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.
Pelagos Insurance Capital Return-on-Tangible-Asset Related Terms
Pelagos Insurance Capital Return-on-Tangible-Asset Historical Data
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The historical data trend for Pelagos Insurance Capital'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.
Pelagos Insurance Capital Return-on-Tangible-Asset Chart
PLGO vs XZO, IGIC, SUND: Return-on-Tangible-Asset Comparison
For the Insurance - Diversified subindustry, Pelagos Insurance Capital'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.
Pelagos Insurance Capital Return-on-Tangible-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, Pelagos Insurance Capital's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Pelagos Insurance Capital'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 3.30% mean?
Pelagos Insurance Capital (PLGO) has a Return-on-Tangible-Asset of 3.30% 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 Pelagos Insurance Capital and its competitors. This is 123% above median its historical median of 1.48. Over the past decade, Pelagos Insurance Capital's Return-on-Tangible-Asset has ranged from 0.68 to 23.25. According to the industry distribution chart, Pelagos Insurance Capital ranks #247 out of 511 companies in the Insurance industry, placing it in the top 48.3%.
Is Pelagos Insurance Capital's Return-on-Tangible-Asset too high?
Pelagos Insurance Capital's current Return-on-Tangible-Asset of 3.30% is 123% above median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 23.25. The Insurance industry median Return-on-Tangible-Asset is 2.78. Pelagos Insurance Capital's value of 3.30% is 18.7% above this industry median. Based on the distribution chart, Pelagos Insurance Capital ranks #247 out of 511 companies in the Insurance industry, which is above the industry midpoint. Overall, Pelagos Insurance Capital has a GF Scoreâ„¢ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pelagos Insurance Capital's Return-on-Tangible-Asset compare to XZO and IGIC?
According to the Insurance industry distribution chart, Pelagos Insurance Capital ranks #247 out of 511 companies for Return-on-Tangible-Asset. This puts Pelagos Insurance Capital in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.78. Pelagos Insurance Capital's value of 3.30% is 18.7% above this benchmark. Historically, Pelagos Insurance Capital's own Return-on-Tangible-Asset has ranged from 0.68 to 23.25 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 2.78, Pelagos Insurance Capital 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 Return-on-Tangible-Asset for an Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.78, based on 511 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. Pelagos Insurance Capital's current Return-on-Tangible-Asset of 3.30% is 18.7% 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 Pelagos Insurance Capital and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pelagos Insurance Capital's current Return-on-Tangible-Asset is 3.30%, which is 123% above median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pelagos Insurance Capital stock overvalued right now?
Based on GuruFocus' analysis, Pelagos Insurance Capital (PLGO) is currently considered Modestly Overvalued. The stock's GF Value™ is $21.01, compared to a current price of $24.74 — trading 17.8% above its estimated fair value. The current Return-on-Tangible-Asset is 3.30%, which is 123% above median its 10-year median of 1.48 and 18.7% above the Insurance industry median of 2.78. Pelagos Insurance Capital's overall GF Score™ is 82/100 with 5 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 Pelagos Insurance Capital (PLGO), the current Return-on-Tangible-Asset is 3.30% 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 Pelagos Insurance Capital (PLGO) Overvalued in 2026?
Based on GuruFocus' analysis, Pelagos Insurance Capital stock appears to be overvalued.
The current stock price of $24.74 is trading 17.8% above its estimated GF Value™ of $21.01.
GuruFocus considers Pelagos Insurance Capital to be Modestly Overvalued.
Key valuation signals for PLGO:
Return-on-Tangible-Asset: 3.30% (123% above median its 10-year median of 1.48)
GF Value™: $21.01 vs. price of $24.74 (17.8% above fair value)
Industry Position: 18.7% above the Insurance median (#247 of 511)
No single metric tells the full story. See the PLGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pelagos Insurance Capital Ltd operates in the specialty insurance and reinsurance sector. Its activities include capital allocation, risk selection, and the deployment of capital through underwriting partnerships across insurance and reinsurance markets. The company manages a diversified portfolio and works with underwriting partners to provide insurance and reinsurance solutions to clients and brokers.
82GF 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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