ProMIS NeurosciencesPMN -0.45%32 Return-on-Tangible-Equity is -110.92% as of Mar. 2026. GuruFocus rates PMN with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 1,196 Biotechnology companies, ProMIS Neurosciences ranks worse than 90.13% 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. ProMIS Neurosciences's annualized net income for the quarter that ended in Mar. 2026 was $-32.98 Mil. ProMIS Neurosciences's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $29.73 Mil. Therefore, ProMIS Neurosciences's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -110.92%.
The historical rank and industry rank for ProMIS Neurosciences's Return-on-Tangible-Equity or its related term are showing as below:
PMN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1356.2 Med: -817.59 Max: 27.46
Current: -261.24
During the past 13 years, ProMIS Neurosciences's highest Return-on-Tangible-Equity was 27.46%. The lowest was -1,356.20%. And the median was -817.59%.
PMN's Return-on-Tangible-Equity is ranked worse than 90.13% of 1196
companies
in the Biotechnology industry
Industry Median: -42.19
vs PMN: -261.24
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.
ProMIS Neurosciences Return-on-Tangible-Equity Related Terms
ProMIS Neurosciences Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for ProMIS Neurosciences'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.
PMN vs BMEA, ANIX, ATRA: Return-on-Tangible-Equity Comparison
For the Biotechnology subindustry, ProMIS Neurosciences'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.
ProMIS Neurosciences Return-on-Tangible-Equity vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, ProMIS Neurosciences's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ProMIS Neurosciences'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 -110.92% mean?
ProMIS Neurosciences (PMN) has a Return-on-Tangible-Equity of -110.92% 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 ProMIS Neurosciences and its competitors. According to the industry distribution chart, ProMIS Neurosciences ranks #1078 out of 1196 companies in the Biotechnology industry, placing it in the top 90.1%.
Is ProMIS Neurosciences' Return-on-Tangible-Equity too high?
ProMIS Neurosciences' current Return-on-Tangible-Equity is -110.92%. Based on the distribution chart, ProMIS Neurosciences ranks #1078 out of 1196 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, ProMIS Neurosciences has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does ProMIS Neurosciences' Return-on-Tangible-Equity compare to BMEA and ANIX?
According to the Biotechnology industry distribution chart, ProMIS Neurosciences ranks #1078 out of 1196 companies for Return-on-Tangible-Equity. This places ProMIS Neurosciences 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 Biotechnology company?
A good Return-on-Tangible-Equity depends on the Biotechnology 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 ProMIS Neurosciences and its competitors. ProMIS Neurosciences's current Return-on-Tangible-Equity is -110.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ProMIS Neurosciences stock overvalued right now?
ProMIS Neurosciences (PMN) has a current Return-on-Tangible-Equity of -110.92%. The current Return-on-Tangible-Equity is -110.92%. ProMIS Neurosciences' overall GF Score™ is 32/100 with 2 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 ProMIS Neurosciences (PMN), the current Return-on-Tangible-Equity is -110.92% 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.
ProMIS Neurosciences Inc is a clinical-stage biotechnology company focused on generating and developing antibody therapeutics selectively targeting toxic misfolded proteins in neurodegenerative diseases such as Alzheimers disease (AD), amyotrophic lateral sclerosis (ALS), and multiple system atrophy (MSA). The company applies its thermodynamic, computational discovery platform, ProMIS, and Collective Coordinates to predict novel targets known as Disease Specific Epitopes on the molecular surface of misfolded proteins. Compnies product candidates are PMN310, PMN267, and PMN442. Lead product candidate is PMN310, a monoclonal antibody designed to treat AD by selectively targeting toxic, misfolded oligomers of amyloid-beta. PMN267 is companies second lead product candidate targeting ALS.
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