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ProVen Growth &ome VCTLSE:PGOO 30 Return-on-Tangible-Equity is -2.26% as of Feb. 2026. GuruFocus rates LSE:PGOO with a GF Score™ of 30/100. The stock has 1 warning sign investors should review. Among 1,592 Asset Management companies, ProVen Growth &ome VCT ranks worse than 77.14% 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. ProVen Growth &ome VCT's annualized net income for the quarter that ended in Feb. 2026 was £-3.52 Mil. ProVen Growth &ome VCT's average shareholder tangible equity for the quarter that ended in Feb. 2026 was £155.60 Mil. Therefore, ProVen Growth &ome VCT's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was -2.26%.
The historical rank and industry rank for ProVen Growth &ome VCT's Return-on-Tangible-Equity or its related term are showing as below:
LSE:PGOO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -14.43 Med: 4.21 Max: 14.65
Current: -0.19
During the past 13 years, ProVen Growth &ome VCT's highest Return-on-Tangible-Equity was 14.65%. The lowest was -14.43%. And the median was 4.21%.
LSE:PGOO's Return-on-Tangible-Equity is ranked worse than 77.14% of 1592
companies
in the Asset Management industry
Industry Median: 7.29
vs LSE:PGOO: -0.19
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.
ProVen Growth &ome VCT Return-on-Tangible-Equity Related Terms
ProVen Growth &ome VCT Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for ProVen Growth &ome VCT'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.
LSE:PGOO vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, ProVen Growth &ome VCT'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.
ProVen Growth &ome VCT Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, ProVen Growth &ome VCT's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ProVen Growth &ome VCT'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 two times the semi-annual (Feb. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -2.26% mean?
ProVen Growth &ome VCT (LSE:PGOO) has a Return-on-Tangible-Equity of -2.26% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on ProVen Growth &ome VCT and its competitors. According to the industry distribution chart, ProVen Growth &ome VCT ranks #1228 out of 1592 companies in the Asset Management industry, placing it in the top 77.1%.
Is ProVen Growth &ome VCT's Return-on-Tangible-Equity too high?
ProVen Growth &ome VCT's current Return-on-Tangible-Equity is -2.26%. Based on the distribution chart, ProVen Growth &ome VCT ranks #1228 out of 1592 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, ProVen Growth &ome VCT has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does ProVen Growth &ome VCT's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, ProVen Growth &ome VCT ranks #1228 out of 1592 companies for Return-on-Tangible-Equity. This places ProVen Growth &ome VCT in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.29. 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 Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.29, based on 1,592 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. 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 ProVen Growth &ome VCT and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ProVen Growth &ome VCT's current Return-on-Tangible-Equity is -2.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ProVen Growth &ome VCT stock overvalued right now?
ProVen Growth &ome VCT (LSE:PGOO) has a current Return-on-Tangible-Equity of -2.26%. The current Return-on-Tangible-Equity is -2.26%. ProVen Growth &ome VCT's overall GF Score™ is 30/100 with 1 warning sign 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 ProVen Growth &ome VCT (LSE:PGOO), the current Return-on-Tangible-Equity is -2.26% 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 Growth & Income VCT PLC operates as a venture capital trust (VCT). The company's investment objective is to achieve long-term returns greater than those available from investing in a portfolio of quoted companies, by investing in a portfolio of carefully selected qualifying investments in small and medium-sized unquoted companies with excellent growth prospects and a portfolio of non-qualifying investments including cash, liquidity funds, fixed interest securities, debt and debt-related securities in growth companies and non-qualifying venture capital investments, within the conditions imposed on all VCTs and to minimise the risk of each investment and the portfolio as a whole. Its portfolio of investments includes some sectors such as Technology, Healthcare, and Business Services.
30GF Score
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