Permian Basin Royalty TrustPBT -0.28%63 Return-on-Tangible-Equity is 7,451.08% as of Mar. 2026, which is 31% above its 10-year median of 5,678.72. GuruFocus rates PBT with a GF Score™ of 63/100 and a GF Value™ of $6.97 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 944 Oil & Gas companies, Permian Basin Royalty Trust ranks better than 96.61% 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. Permian Basin Royalty Trust's annualized net income for the quarter that ended in Mar. 2026 was $12.11 Mil. Permian Basin Royalty Trust's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $0.16 Mil. Therefore, Permian Basin Royalty Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7,451.08%.
The historical rank and industry rank for Permian Basin Royalty Trust's Return-on-Tangible-Equity or its related term are showing as below:
PBT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2712.62 Med: 5678.72 Max: 16944.3
Current: 9048.53
During the past 13 years, Permian Basin Royalty Trust's highest Return-on-Tangible-Equity was 16,944.30%. The lowest was 2,712.62%. And the median was 5,678.72%.
PBT's Return-on-Tangible-Equity is ranked better than 96.61% of 944
companies
in the Oil & Gas industry
Industry Median: 6.73
vs PBT: 9048.53
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.
Permian Basin Royalty Trust Return-on-Tangible-Equity Related Terms
Permian Basin Royalty Trust Return-on-Tangible-Equity Historical Data
* 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.
PBT vs TEN, EE, SBR: Return-on-Tangible-Equity Comparison
For the Oil & Gas Midstream subindustry, Permian Basin Royalty Trust'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.
Permian Basin Royalty Trust Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Permian Basin Royalty Trust's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Permian Basin Royalty Trust'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 7,451.08% mean?
Permian Basin Royalty Trust (PBT) has a Return-on-Tangible-Equity of 7,451.08% 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 Permian Basin Royalty Trust and its competitors. This is 31% above median its historical median of 5,678.72. Over the past decade, Permian Basin Royalty Trust's Return-on-Tangible-Equity has ranged from 2,712.62 to 16,944.30. According to the industry distribution chart, Permian Basin Royalty Trust ranks #32 out of 944 companies in the Oil & Gas industry, placing it in the top 3.4%.
Is Permian Basin Royalty Trust's Return-on-Tangible-Equity too high?
Permian Basin Royalty Trust's current Return-on-Tangible-Equity of 7,451.08% is 31% above median its 10-year median of 5,678.72. Over the past 10 years, this metric has ranged from a low of 2,712.62 to a high of 16,944.30. The Oil & Gas industry median Return-on-Tangible-Equity is 6.73. Permian Basin Royalty Trust's value of 7,451.08% is 110614.4% above this industry median. Based on the distribution chart, Permian Basin Royalty Trust ranks #32 out of 944 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Permian Basin Royalty Trust has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Permian Basin Royalty Trust's Return-on-Tangible-Equity compare to TEN and EE?
According to the Oil & Gas industry distribution chart, Permian Basin Royalty Trust ranks #32 out of 944 companies for Return-on-Tangible-Equity. This places Permian Basin Royalty Trust in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.73. Permian Basin Royalty Trust's value of 7,451.08% is 110614.4% above this benchmark. Historically, Permian Basin Royalty Trust's own Return-on-Tangible-Equity has ranged from 2,712.62 to 16,944.30 over the past decade. While the company's 10-year median is 5,678.72 vs. the industry median of 6.73, Permian Basin Royalty Trust 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 6.73, based on 944 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. Permian Basin Royalty Trust's current Return-on-Tangible-Equity of 7,451.08% is 110614.4% 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 Permian Basin Royalty Trust and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Permian Basin Royalty Trust's current Return-on-Tangible-Equity is 7,451.08%, which is 31% above median its own 10-year median of 5,678.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Permian Basin Royalty Trust stock overvalued right now?
Based on GuruFocus' analysis, Permian Basin Royalty Trust (PBT) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.97, compared to a current price of $24.80 — trading 255.8% above its estimated fair value. The current Return-on-Tangible-Equity is 7,451.08%, which is 31% above median its 10-year median of 5,678.72 and 110614.4% above the Oil & Gas industry median of 6.73. Permian Basin Royalty Trust'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 Permian Basin Royalty Trust (PBT), the current Return-on-Tangible-Equity is 7,451.08% 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 Permian Basin Royalty Trust (PBT) Overvalued in 2026?
Based on GuruFocus' analysis, Permian Basin Royalty Trust stock appears to be overvalued.
The current stock price of $24.80 is trading 255.8% above its estimated GF Value™ of $6.97.
GuruFocus considers Permian Basin Royalty Trust to be Significantly Overvalued.
Key valuation signals for PBT:
Return-on-Tangible-Equity: 7,451.08% (31% above median its 10-year median of 5,678.72)
GF Value™: $6.97 vs. price of $24.80 (255.8% above fair value)
Industry Position: 110614.4% above the Oil & Gas median (#32 of 944)
No single metric tells the full story. See the PBT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Permian Basin Royalty Trust is an express trust. The company's underlying properties include Waddell Ranch Properties in which the trust holds mineral interest as well as royalty interests in mature producing oil fields, such as Yates, Wasson, Sand Hills, East Texas, Kelly-Snyder, Panhandle Regular, N. Cowden, Todd, Keystone, Kermit, McElroy, Howard-Glasscock, Seminole, and others across Texas. The company earns the majority of its revenue in the form of royalties received through its properties.
63GF Score
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