PVI HoldingsHSTC:PVI +0.96%77 Return-on-Tangible-Equity is 26.42% as of Mar. 2026, which is 139% above its 10-year median of 11.06. GuruFocus rates HSTC:PVI with a GF Score™ of 77/100 and a GF Value™ of ₫76,644.80 (Fairly Valued). The stock has 4 warning signs investors should review. Among 499 Insurance companies, PVI Holdings ranks better than 58.52% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. PVI Holdings's annualized net income for the quarter that ended in Mar. 2026 was ₫2,218,142 Mil. PVI Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₫8,394,251 Mil. Therefore, PVI Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 26.42%.
The historical rank and industry rank for PVI Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HSTC:PVI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.68 Med: 11.06 Max: 15.91
Current: 15.91
During the past 13 years, PVI Holdings's highest Return-on-Tangible-Equity was 15.91%. The lowest was 7.68%. And the median was 11.06%.
HSTC:PVI's Return-on-Tangible-Equity is ranked better than 58.52% of 499
companies
in the Insurance industry
Industry Median: 13.51
vs HSTC:PVI: 15.91
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
PVI Holdings Return-on-Tangible-Equity Related Terms
PVI Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for PVI Holdings's Return-on-Tangible-Equity 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.
HSTC:PVI vs CB, PGR, TRV: Return-on-Tangible-Equity Comparison
For the Insurance - Property & Casualty subindustry, PVI Holdings's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
PVI Holdings Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, PVI Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where PVI Holdings's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 26.42% mean?
PVI Holdings (HSTC:PVI) has a Return-on-Tangible-Equity of 26.42% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on PVI Holdings and its competitors. This is 139% above median its historical median of 11.06. Over the past decade, PVI Holdings' Return-on-Tangible-Equity has ranged from 7.68 to 15.91. According to the industry distribution chart, PVI Holdings ranks #207 out of 499 companies in the Insurance industry, placing it in the top 41.5%.
Is PVI Holdings' Return-on-Tangible-Equity too high?
PVI Holdings' current Return-on-Tangible-Equity of 26.42% is 139% above median its 10-year median of 11.06. Over the past 10 years, this metric has ranged from a low of 7.68 to a high of 15.91. The Insurance industry median Return-on-Tangible-Equity is 13.51. PVI Holdings' value of 26.42% is 95.6% above this industry median. Based on the distribution chart, PVI Holdings ranks #207 out of 499 companies in the Insurance industry, which is above the industry midpoint. Overall, PVI Holdings has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PVI Holdings' Return-on-Tangible-Equity compare to CB and PGR?
According to the Insurance industry distribution chart, PVI Holdings ranks #207 out of 499 companies for Return-on-Tangible-Equity. This puts PVI Holdings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 13.51. PVI Holdings' value of 26.42% is 95.6% above this benchmark. Historically, PVI Holdings' own Return-on-Tangible-Equity has ranged from 7.68 to 15.91 over the past decade. While the company's 10-year median is 11.06 vs. the industry median of 13.51, PVI Holdings 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-Equity for an Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.51, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PVI Holdings's current Return-on-Tangible-Equity of 26.42% is 95.6% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on PVI Holdings and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PVI Holdings's current Return-on-Tangible-Equity is 26.42%, which is 139% above median its own 10-year median of 11.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PVI Holdings stock overvalued right now?
Based on GuruFocus' analysis, PVI Holdings (HSTC:PVI) is currently considered Fairly Valued. The stock's GF Value™ is ₫76,644.80, compared to a current price of ₫73,500.00 — trading 4.1% below its estimated fair value. The current Return-on-Tangible-Equity is 26.42%, which is 139% above median its 10-year median of 11.06 and 95.6% above the Insurance industry median of 13.51. PVI Holdings' overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For PVI Holdings (HSTC:PVI), the current Return-on-Tangible-Equity is 26.42% 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 PVI Holdings (HSTC:PVI) Overvalued in 2026?
Based on GuruFocus' analysis, PVI Holdings stock appears to be undervalued.
The current stock price of ₫73,500.00 is trading 4.1% below its estimated GF Value™ of ₫76,644.80.
GuruFocus considers PVI Holdings to be Fairly Valued.
Key valuation signals for HSTC:PVI:
Return-on-Tangible-Equity: 26.42% (139% above median its 10-year median of 11.06)
GF Value™: ₫76,644.80 vs. price of ₫73,500.00 (4.1% below fair value)
Industry Position: 95.6% above the Insurance median (#207 of 499)
No single metric tells the full story. See the HSTC:PVI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PVI Holdings is a Vietnam-based investment holding company. Through its subsidiaries, the company is engaged in the Non-life Insurance, Reinsurance and Asset Management.
77GF Score
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