Banco BTG Pactual S.A.LTS:0RKB 78 Return-on-Tangible-Equity is 28.45% as of Mar. 2026, which is 31% above its 10-year median of 21.71. GuruFocus rates LTS:0RKB with a GF Score™ of 78/100. The stock has 2 warning signs investors should review. Among 781 Capital Markets companies, Banco BTG Pactual S.A. ranks better than 83.61% 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. Banco BTG Pactual S.A.'s annualized net income for the quarter that ended in Mar. 2026 was €3,023.86 Mil. Banco BTG Pactual S.A.'s average shareholder tangible equity for the quarter that ended in Mar. 2026 was €10,628.39 Mil. Therefore, Banco BTG Pactual S.A.'s annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 28.45%.
The historical rank and industry rank for Banco BTG Pactual S.A.'s Return-on-Tangible-Equity or its related term are showing as below:
LTS:0RKB'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.91 Med: 21.71 Max: 30.02
Current: 28.24
During the past 13 years, Banco BTG Pactual S.A.'s highest Return-on-Tangible-Equity was 30.02%. The lowest was 6.91%. And the median was 21.71%.
LTS:0RKB's Return-on-Tangible-Equity is ranked better than 83.61% of 781
companies
in the Capital Markets industry
Industry Median: 6.52
vs LTS:0RKB: 28.24
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.
Banco BTG Pactual S.A. Return-on-Tangible-Equity Related Terms
Banco BTG Pactual S.A. Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Banco BTG Pactual S.A.'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.
LTS:0RKB vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, Banco BTG Pactual S.A.'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.
Banco BTG Pactual S.A. Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Banco BTG Pactual S.A.'s Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Banco BTG Pactual S.A.'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 28.45% mean?
Banco BTG Pactual S.A. (LTS:0RKB) has a Return-on-Tangible-Equity of 28.45% 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 Banco BTG Pactual S.A. and its competitors. This is 31% above median its historical median of 21.71. Over the past decade, Banco BTG Pactual S.A.'s Return-on-Tangible-Equity has ranged from 6.91 to 30.02. According to the industry distribution chart, Banco BTG Pactual S.A. ranks #128 out of 781 companies in the Capital Markets industry, placing it in the top 16.4%.
Is Banco BTG Pactual S.A.'s Return-on-Tangible-Equity too high?
Banco BTG Pactual S.A.'s current Return-on-Tangible-Equity of 28.45% is 31% above median its 10-year median of 21.71. Over the past 10 years, this metric has ranged from a low of 6.91 to a high of 30.02. The Capital Markets industry median Return-on-Tangible-Equity is 6.52. Banco BTG Pactual S.A.'s value of 28.45% is 336.3% above this industry median. Based on the distribution chart, Banco BTG Pactual S.A. ranks #128 out of 781 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Banco BTG Pactual S.A. has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Banco BTG Pactual S.A.'s Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Banco BTG Pactual S.A. ranks #128 out of 781 companies for Return-on-Tangible-Equity. This places Banco BTG Pactual S.A. in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.52. Banco BTG Pactual S.A.'s value of 28.45% is 336.3% above this benchmark. Historically, Banco BTG Pactual S.A.'s own Return-on-Tangible-Equity has ranged from 6.91 to 30.02 over the past decade. While the company's 10-year median is 21.71 vs. the industry median of 6.52, Banco BTG Pactual S.A. 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 a Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.52, based on 781 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. Banco BTG Pactual S.A.'s current Return-on-Tangible-Equity of 28.45% is 336.3% 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 Banco BTG Pactual S.A. and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banco BTG Pactual S.A.'s current Return-on-Tangible-Equity is 28.45%, which is 31% above median its own 10-year median of 21.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco BTG Pactual S.A. stock overvalued right now?
Banco BTG Pactual S.A. (LTS:0RKB) has a current Return-on-Tangible-Equity of 28.45%. The current Return-on-Tangible-Equity is 28.45%, which is 31% above median its 10-year median of 21.71 and 336.3% above the Capital Markets industry median of 6.52. Banco BTG Pactual S.A.'s overall GF Score™ is 78/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Banco BTG Pactual S.A. (LTS:0RKB), the current Return-on-Tangible-Equity is 28.45% 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.
Banco BTG Pactual S.A. is a Brazil-based banking firm. It offers financial products and services regarding commercial, investments, credit, financing, capital leases, insurance, and foreign exchange portfolios, among others, in the country and several locations abroad.
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