Planet Green HoldingsPLAG +2.12%47 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates PLAG with a GF Score™ of 47/100 and a GF Value™ of $1.28 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 549 Conglomerates companies, Planet Green Holdings ranks worse than 100% 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. Planet Green Holdings's annualized net income for the quarter that ended in Mar. 2026 was $1.25 Mil. Planet Green Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-2.72 Mil. Therefore, Planet Green Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for Planet Green Holdings's Return-on-Tangible-Equity or its related term are showing as below:
PLAG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3961.26 Med: -89.6 Max: 21.42
Current: -3961.26
During the past 13 years, Planet Green Holdings's highest Return-on-Tangible-Equity was 21.42%. The lowest was -3,961.26%. And the median was -89.60%.
PLAG's Return-on-Tangible-Equity is ranked worse than 100% of 549
companies
in the Conglomerates industry
Industry Median: 7.44
vs PLAG: -3961.26
Planet Green Holdings (AMEX:PLAG) 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.
Planet Green Holdings Return-on-Tangible-Equity Related Terms
Planet Green Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Planet Green Holdings'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.
Planet Green Holdings Return-on-Tangible-Equity Chart
PLAG vs LGPS, STRR, HHS: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Planet Green Holdings'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.
Planet Green Holdings Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Planet Green Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Planet Green Holdings'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 Negative Tangible Equity% mean?
Planet Green Holdings (PLAG) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Planet Green Holdings and its competitors. According to the industry distribution chart, Planet Green Holdings ranks #549 out of 549 companies in the Conglomerates industry.
Is Planet Green Holdings' Return-on-Tangible-Equity too high?
Planet Green Holdings' current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Planet Green Holdings ranks #549 out of 549 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Planet Green Holdings has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Planet Green Holdings' Return-on-Tangible-Equity compare to LGPS and STRR?
According to the Conglomerates industry distribution chart, Planet Green Holdings ranks #549 out of 549 companies for Return-on-Tangible-Equity. This places Planet Green Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.44. 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.44, based on 549 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. 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 Planet Green Holdings and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Planet Green Holdings's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Planet Green Holdings stock overvalued right now?
Based on GuruFocus' analysis, Planet Green Holdings (PLAG) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.28, compared to a current price of $1.93 — trading 50.8% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Planet Green Holdings' overall GF Score™ is 47/100 with 8 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 Planet Green Holdings (PLAG), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 Planet Green Holdings (PLAG) Overvalued in 2026?
Based on GuruFocus' analysis, Planet Green Holdings stock appears to be overvalued.
The current stock price of $1.93 is trading 50.8% above its estimated GF Value™ of $1.28.
GuruFocus considers Planet Green Holdings to be Significantly Overvalued.
No single metric tells the full story. See the PLAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Planet Green Holdings Corp is a diversified technology and consumer products company with a presence in North America and China engaged in Chemical Products, Tea Products, and Online Advertising Services. The company operates in three segments namely to grow, produce, and distribute Cyan brick tea, black tea, and green tea in China; to research, develop, manufacture, and sell chemical products including formaldehyde, urea formaldehyde adhesive, methylal, ethanol fuel, fuel additives and clean fuel in China; and to develop and operate a demand-side platform which empowers buyers of advertising to manage and optimize their digital advertising across different real-time bidding networks in North America and China.
47GF Score
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