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. Sberbank of Russia PJSC's annualized net income for the quarter that ended in Jun. 2023 was ₽1,510,459 Mil. Sberbank of Russia PJSC's average shareholder tangible equity for the quarter that ended in Jun. 2023 was ₽5,796,105 Mil. Therefore, Sberbank of Russia PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was 26.06%.
The historical rank and industry rank for Sberbank of Russia PJSC's Return-on-Tangible-Equity or its related term are showing as below:
MIC:SBER's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 11.19 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Sberbank of Russia PJSC (MIC:SBER) Return-on-Tangible-Equity Explanation
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.
Sberbank of Russia PJSC Return-on-Tangible-Equity Related Terms
Sberbank of Russia PJSC Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Sberbank of Russia PJSC'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.
Sberbank of Russia PJSC Return-on-Tangible-Equity Chart
Sberbank of Russia PJSC Return-on-Tangible-Equity Competitor Comparison
For the Banks - Regional subindustry, Sberbank of Russia PJSC'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.
Sberbank of Russia PJSC Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Sberbank of Russia PJSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sberbank of Russia PJSC'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 (Jun. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 26.06% mean?
Sberbank of Russia PJSC (MIC:SBER) has a Return-on-Tangible-Equity of 26.06% as of Jun. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Sberbank of Russia PJSC and its competitors.
Is Sberbank of Russia PJSC's Return-on-Tangible-Equity too high?
Sberbank of Russia PJSC's current Return-on-Tangible-Equity is 26.06%. The Banks industry median Return-on-Tangible-Equity is 11.19. Sberbank of Russia PJSC's value of 26.06% is 132.9% above this industry median. Overall, Sberbank of Russia PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Sberbank of Russia PJSC's Return-on-Tangible-Equity compare to competitors?
Sberbank of Russia PJSC's Return-on-Tangible-Equity of 26.06% can be compared against companies in the Banks industry. The industry median Return-on-Tangible-Equity is 11.19. Sberbank of Russia PJSC's value of 26.06% is 132.9% above this benchmark. 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 Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.19, based on 1,523 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. Sberbank of Russia PJSC's current Return-on-Tangible-Equity of 26.06% is 132.9% 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 Sberbank of Russia PJSC and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sberbank of Russia PJSC's current Return-on-Tangible-Equity is 26.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sberbank of Russia PJSC stock overvalued right now?
Sberbank of Russia PJSC (MIC:SBER) has a current Return-on-Tangible-Equity of 26.06%. The current Return-on-Tangible-Equity is 26.06% and 132.9% above the Banks industry median of 11.19. Sberbank of Russia PJSC's overall GF Score™ is 17/100. 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 Sberbank of Russia PJSC (MIC:SBER), the current Return-on-Tangible-Equity is 26.06% as of Jun. 2023. 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.
Sberbank of Russia PJSC is a full-service bank operating primarily in Russia, but with significant exposure to Central and Eastern European countries. The bank has grown into a universal bank through acquisitions since its historical savings bank origins. Sberbank's principal shareholder is the Central Bank of the Russian Federation, which owns just over half of the bank's outstanding shares. The bank's activities are organized by three main priorities: corporate banking, retail banking, and investment banking. Corporate loans constitute the bulk of the bank's earning assets, mostly to corporations with the largest market capitalizations. The bank's development strategy emphasizes customer service, cost management, and technological modernization.
17GF Score
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