What is Puregold Price Club Return-on-Tangible-Equity?
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. Puregold Price Club's annualized net income for the quarter that ended in Mar. 2024 was $171 Mil. Puregold Price Club's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $1,208 Mil. Therefore, Puregold Price Club's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 14.19%.
The historical rank and industry rank for Puregold Price Club's Return-on-Tangible-Equity or its related term are showing as below:
PGCMF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.69 Med: 19.28 Max: 31.39
Current: 12.69
During the past 13 years, Puregold Price Club's highest Return-on-Tangible-Equity was 31.39%. The lowest was 12.69%. And the median was 19.28%.
PGCMF's Return-on-Tangible-Equity is ranked better than 62.66% of 1047
companies
in the Retail - Cyclical industry
Industry Median: 7.57
vs PGCMF: 12.69
Puregold Price Club Return-on-Tangible-Equity Historical Data
The historical data trend for Puregold Price Club'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.
* Premium members only.
Puregold Price Club Return-on-Tangible-Equity Chart
Competitive Comparison of Puregold Price Club's Return-on-Tangible-Equity
For the Department Stores subindustry, Puregold Price Club'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.
Puregold Price Club's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Puregold Price Club's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Puregold Price Club's Return-on-Tangible-Equity falls into.
Puregold Price Club Return-on-Tangible-Equity Calculation
Puregold Price Club's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* 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. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Puregold Price Club (OTCPK:PGCMF) 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.
Puregold Price Club Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Puregold Price Club's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Puregold Price Club (Puregold Price Club) Business Description
Puregold Price Club Inc is involved in the business of trading goods such as consumer products (canned goods, housewares, toiletries, dry goods, food products, pharmaceutical and medical goods). The stores are classified as Hypermarkets, Supermarkets, Extras and Mini-marts. Hypermarkets offer a wide variety of food and non-food products. Supermarkets offer a higher proportion of food to non-food products. Mini-marts serves as a community store, selling fast-moving essential goods to high-density neighbourhoods.
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