PBF EnergyPBF +5.54%63 Return-on-Tangible-Equity is 14.63% as of Mar. 2026, which is 42% above its 10-year median of 10.29. GuruFocus rates PBF with a GF Score™ of 63/100 and a GF Value™ of $33.55 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 945 Oil & Gas companies, PBF Energy ranks better than 54.6% 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. PBF Energy's annualized net income for the quarter that ended in Mar. 2026 was $793 Mil. PBF Energy's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $5,420 Mil. Therefore, PBF Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 14.63%.
The historical rank and industry rank for PBF Energy's Return-on-Tangible-Equity or its related term are showing as below:
PBF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -59.91 Med: 10.29 Max: 83.93
Current: 8.4
During the past 13 years, PBF Energy's highest Return-on-Tangible-Equity was 83.93%. The lowest was -59.91%. And the median was 10.29%.
PBF's Return-on-Tangible-Equity is ranked better than 54.6% of 945
companies
in the Oil & Gas industry
Industry Median: 6.74
vs PBF: 8.40
PBF Energy (NYSE:PBF) 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.
PBF Energy Return-on-Tangible-Equity Related Terms
PBF Energy Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for PBF Energy'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.
PBF vs IEP, DK, PARR: Return-on-Tangible-Equity Comparison
For the Oil & Gas Refining & Marketing subindustry, PBF Energy'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.
PBF Energy Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PBF Energy's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where PBF Energy'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 14.63% mean?
PBF Energy (PBF) has a Return-on-Tangible-Equity of 14.63% 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 PBF Energy and its competitors. This is 42% above median its historical median of 10.29. According to the industry distribution chart, PBF Energy ranks #429 out of 945 companies in the Oil & Gas industry, placing it in the top 45.4%.
Is PBF Energy's Return-on-Tangible-Equity too high?
PBF Energy's current Return-on-Tangible-Equity of 14.63% is 42% above median its 10-year median of 10.29. The Oil & Gas industry median Return-on-Tangible-Equity is 6.74. PBF Energy's value of 14.63% is 117.1% above this industry median. Based on the distribution chart, PBF Energy ranks #429 out of 945 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, PBF Energy has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PBF Energy's Return-on-Tangible-Equity compare to IEP and DK?
According to the Oil & Gas industry distribution chart, PBF Energy ranks #429 out of 945 companies for Return-on-Tangible-Equity. This puts PBF Energy in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.74. PBF Energy's value of 14.63% is 117.1% above this benchmark. While the company's 10-year median is 10.29 vs. the industry median of 6.74, PBF Energy 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 Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.74, based on 945 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. PBF Energy's current Return-on-Tangible-Equity of 14.63% is 117.1% 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 PBF Energy and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PBF Energy's current Return-on-Tangible-Equity is 14.63%, which is 42% above median its own 10-year median of 10.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PBF Energy stock overvalued right now?
Based on GuruFocus' analysis, PBF Energy (PBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $33.55, compared to a current price of $48.04 — trading 43.2% above its estimated fair value. The current Return-on-Tangible-Equity is 14.63%, which is 42% above median its 10-year median of 10.29 and 117.1% above the Oil & Gas industry median of 6.74. PBF Energy's overall GF Score™ is 63/100 with 3 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 PBF Energy (PBF), the current Return-on-Tangible-Equity is 14.63% 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 PBF Energy (PBF) Overvalued in 2026?
Based on GuruFocus' analysis, PBF Energy stock appears to be overvalued.
The current stock price of $48.04 is trading 43.2% above its estimated GF Value™ of $33.55.
GuruFocus considers PBF Energy to be Significantly Overvalued.
Key valuation signals for PBF:
Return-on-Tangible-Equity: 14.63% (42% above median its 10-year median of 10.29)
GF Value™: $33.55 vs. price of $48.04 (43.2% above fair value)
Industry Position: 117.1% above the Oil & Gas median (#429 of 945)
No single metric tells the full story. See the PBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PBF Energy Inc is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. The company owns refineries in Delaware, Ohio, New Jersey, California, and Louisiana. The Company operates in two reportable business segments: Refining and Logistics. The Company's oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products and are aggregated into the Refining segment. PBFX operates logistics assets such as crude oil and refined products terminals, pipelines, and storage facilities. The Logistics segment consists solely of PBFX's operations.
63GF Score
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