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. Pure Energy Minerals's annualized net income for the quarter that ended in Mar. 2026 was $-64.31 Mil. Pure Energy Minerals's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $18.06 Mil. Therefore, Pure Energy Minerals's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -356.02%.
The historical rank and industry rank for Pure Energy Minerals's Return-on-Tangible-Equity or its related term are showing as below:
PEMIF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -70.37 Med: -1.91 Max: 0.22
Current: -70.37
During the past 13 years, Pure Energy Minerals's highest Return-on-Tangible-Equity was 0.22%. The lowest was -70.37%. And the median was -1.91%.
PEMIF's Return-on-Tangible-Equity is ranked worse than 76.75% of 2378
companies
in the Metals & Mining industry
Industry Median: -16.28
vs PEMIF: -70.37
Pure Energy Minerals (OTCPK:PEMIF) 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.
Pure Energy Minerals Return-on-Tangible-Equity Related Terms
Pure Energy Minerals Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Pure Energy Minerals'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.
Pure Energy Minerals Return-on-Tangible-Equity Chart
Pure Energy Minerals Return-on-Tangible-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Pure Energy Minerals'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.
Pure Energy Minerals Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Pure Energy Minerals's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Pure Energy Minerals'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 -356.02% mean?
Pure Energy Minerals (PEMIF) has a Return-on-Tangible-Equity of -356.02% 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 Pure Energy Minerals and its competitors. According to the industry distribution chart, Pure Energy Minerals ranks #1825 out of 2378 companies in the Metals & Mining industry, placing it in the top 76.7%.
Is Pure Energy Minerals' Return-on-Tangible-Equity too high?
Pure Energy Minerals' current Return-on-Tangible-Equity is -356.02%. Based on the distribution chart, Pure Energy Minerals ranks #1825 out of 2378 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Pure Energy Minerals has a GF Score™ of 33/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pure Energy Minerals' Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Pure Energy Minerals ranks #1825 out of 2378 companies for Return-on-Tangible-Equity. This places Pure Energy Minerals in the lower half of its industry. 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 Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. 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 Pure Energy Minerals and its competitors. Pure Energy Minerals's current Return-on-Tangible-Equity is -356.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pure Energy Minerals stock overvalued right now?
Based on GuruFocus' analysis, Pure Energy Minerals (PEMIF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.19, compared to a current price of $0.15 — trading 23% below its estimated fair value. The current Return-on-Tangible-Equity is -356.02%. Pure Energy Minerals' overall GF Score™ is 33/100 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 Pure Energy Minerals (PEMIF), the current Return-on-Tangible-Equity is -356.02% 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 Pure Energy Minerals (PEMIF) Overvalued in 2026?
Based on GuruFocus' analysis, Pure Energy Minerals stock appears to be undervalued.
The current stock price of $0.15 is trading 23% below its estimated GF Value™ of $0.19.
GuruFocus considers Pure Energy Minerals to be Modestly Undervalued.
Key valuation signals for PEMIF:
Return-on-Tangible-Equity: -356.02%
GF Value™: $0.19 vs. price of $0.15 (23% below fair value)
No single metric tells the full story. See the PEMIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pure Energy Minerals Ltd engages in the acquisition, exploration, and development of mineral properties. The company's flagship lithium brine project, the Clayton Valley Project is located in Clayton Valley, Nevada, United States. It is also engaged in developing new processing technologies for lithium through a collaboration with another firm. Geographically, the company operates in Canada and the United States of America.
33GF Score
Get the complete analysis for PEMIF
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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