Preformed Line Products CoPLPC -2.21%79 Return-on-Tangible-Equity is 9.70% as of Mar. 2026, which is 14% below its 10-year median of 11.25. GuruFocus rates PLPC with a GF Score™ of 79/100 and a GF Value™ of $169.69 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,977 Industrial Products companies, Preformed Line Products Co ranks better than 55.56% 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. Preformed Line Products Co's annualized net income for the quarter that ended in Mar. 2026 was $42.1 Mil. Preformed Line Products Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $434.0 Mil. Therefore, Preformed Line Products Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.70%.
The historical rank and industry rank for Preformed Line Products Co's Return-on-Tangible-Equity or its related term are showing as below:
PLPC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.18 Med: 11.25 Max: 18.36
Current: 8.11
During the past 13 years, Preformed Line Products Co's highest Return-on-Tangible-Equity was 18.36%. The lowest was 6.18%. And the median was 11.25%.
PLPC's Return-on-Tangible-Equity is ranked better than 55.56% of 2977
companies
in the Industrial Products industry
Industry Median: 6.77
vs PLPC: 8.11
Preformed Line Products Co (NAS:PLPC) 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.
Preformed Line Products Co Return-on-Tangible-Equity Related Terms
Preformed Line Products Co 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.
Preformed Line Products Co Return-on-Tangible-Equity Chart
PLPC vs ENVX, ENR, FCEL: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Preformed Line Products Co'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.
Preformed Line Products Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Preformed Line Products Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Preformed Line Products Co'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 9.70% mean?
Preformed Line Products Co (PLPC) has a Return-on-Tangible-Equity of 9.70% 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 Preformed Line Products Co and its competitors. This is 14% below median its historical median of 11.25. Over the past decade, Preformed Line Products Co's Return-on-Tangible-Equity has ranged from 6.18 to 18.36. According to the industry distribution chart, Preformed Line Products Co ranks #1323 out of 2977 companies in the Industrial Products industry, placing it in the top 44.4%.
Is Preformed Line Products Co's Return-on-Tangible-Equity too high?
Preformed Line Products Co's current Return-on-Tangible-Equity of 9.70% is 14% below median its 10-year median of 11.25. Over the past 10 years, this metric has ranged from a low of 6.18 to a high of 18.36. The Industrial Products industry median Return-on-Tangible-Equity is 6.77. Preformed Line Products Co's value of 9.70% is 43.3% above this industry median. Based on the distribution chart, Preformed Line Products Co ranks #1323 out of 2977 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Preformed Line Products Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Preformed Line Products Co's Return-on-Tangible-Equity compare to ENVX and ENR?
According to the Industrial Products industry distribution chart, Preformed Line Products Co ranks #1323 out of 2977 companies for Return-on-Tangible-Equity. This puts Preformed Line Products Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.77. Preformed Line Products Co's value of 9.70% is 43.3% above this benchmark. Historically, Preformed Line Products Co's own Return-on-Tangible-Equity has ranged from 6.18 to 18.36 over the past decade. While the company's 10-year median is 11.25 vs. the industry median of 6.77, Preformed Line Products Co 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 Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.77, based on 2,977 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. Preformed Line Products Co's current Return-on-Tangible-Equity of 9.70% is 43.3% 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 Preformed Line Products Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Preformed Line Products Co's current Return-on-Tangible-Equity is 9.70%, which is 14% below median its own 10-year median of 11.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Preformed Line Products Co stock overvalued right now?
Based on GuruFocus' analysis, Preformed Line Products Co (PLPC) is currently considered Significantly Overvalued. The stock's GF Value™ is $169.69, compared to a current price of $395.66 — trading 133.2% above its estimated fair value. The current Return-on-Tangible-Equity is 9.70%, which is 14% below median its 10-year median of 11.25 and 43.3% above the Industrial Products industry median of 6.77. Preformed Line Products Co's overall GF Score™ is 79/100 with 7 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 Preformed Line Products Co (PLPC), the current Return-on-Tangible-Equity is 9.70% 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 Preformed Line Products Co (PLPC) Overvalued in 2026?
Based on GuruFocus' analysis, Preformed Line Products Co stock appears to be overvalued.
The current stock price of $395.66 is trading 133.2% above its estimated GF Value™ of $169.69.
GuruFocus considers Preformed Line Products Co to be Significantly Overvalued.
Key valuation signals for PLPC:
Return-on-Tangible-Equity: 9.70% (14% below median its 10-year median of 11.25)
GF Value™: $169.69 vs. price of $395.66 (133.2% above fair value)
Industry Position: 43.3% above the Industrial Products median (#1323 of 2977)
No single metric tells the full story. See the PLPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Preformed Line Products Co is a designer and manufacturer of products and systems for constructing and maintaining overhead and underground networks for energy, telecommunication, cable operators, data communication, and other industries. The Company's primary products support, protect, connect, terminate, and secure cables and wires. The Company provides helical solutions, connectors, fiber optic and copper splice closures, solar framing applications, and electric vehicle charging station foundations. The Company's customers include public and private energy utilities and communication companies, cable operators, contractors and subcontractors, distributors, and value-added resellers. Geographically, the company operates in four regions: PLP-USA, the Americas, EMEA, and Asia-Pacific.
79GF Score
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