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Pillarstone Capital REIT (Pillarstone Capital REIT) Return-on-Tangible-Equity : -7.96% (As of Jun. 2022)


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What is Pillarstone Capital REIT 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. Pillarstone Capital REIT's annualized net income for the quarter that ended in Jun. 2022 was $-0.30 Mil. Pillarstone Capital REIT's average shareholder tangible equity for the quarter that ended in Jun. 2022 was $3.77 Mil. Therefore, Pillarstone Capital REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 was -7.96%.

The historical rank and industry rank for Pillarstone Capital REIT's Return-on-Tangible-Equity or its related term are showing as below:

PRLEQ's Return-on-Tangible-Equity is not ranked *
in the REITs industry.
Industry Median: 4.58
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Pillarstone Capital REIT Return-on-Tangible-Equity Historical Data

The historical data trend for Pillarstone Capital REIT'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.

Pillarstone Capital REIT Return-on-Tangible-Equity Chart

Pillarstone Capital REIT Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity 348.15 118.08 -9.00 -6.55

Pillarstone Capital REIT Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.03 -5.71 -6.01 -1.78 -7.96

Competitive Comparison of Pillarstone Capital REIT's Return-on-Tangible-Equity

For the REIT - Office subindustry, Pillarstone Capital REIT'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.


Pillarstone Capital REIT's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Pillarstone Capital REIT's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Pillarstone Capital REIT's Return-on-Tangible-Equity falls into.



Pillarstone Capital REIT Return-on-Tangible-Equity Calculation

Pillarstone Capital REIT's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-0.259/( (4.081+3.822 )/ 2 )
=-0.259/3.9515
=-6.55 %

Pillarstone Capital REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=-0.3/( (3.805+3.73)/ 2 )
=-0.3/3.7675
=-7.96 %

* 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 (Jun. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Pillarstone Capital REIT  (OTCPK:PRLEQ) 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.


Pillarstone Capital REIT Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Pillarstone Capital REIT's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Pillarstone Capital REIT (Pillarstone Capital REIT) Business Description

Traded in Other Exchanges
N/A
Address
2600 South Gessner, Suite 555, Houston, TX, USA, 77063
Pillarstone Capital REIT is a real estate investment trust. It is engaged in the business activity of investing, owning, and operating non-retail, commercial, and residential real estate properties. The company's property portfolio includes Corporate Park Northwest, Corporate Park West, Corporate Park Woodland, Holly Hall, Holly Knight, and Uptown Tower among others located in Houston and Dallas, Texas.
Executives
Paul T Lambert director, 10 percent owner
Dennis Chookaszian director 20 S. WACKER DR., CHICAGO IL 60626
Kathy M Jassem director C/O PILLARSTONE CAPITAL REIT, 2600 S. GESSNER RD., SUITE 555, HOUSTON TX 77063
Mark Schurgin 10 percent owner 9841 AIRPORT BOULEVARD, SUITE 700, LOS ANGELES CA 90045
Jack R Kuhn officer: Senior Vice President 1240 HURON ROAD, SUITE 301, CLEVELAND OH 44115
Paragon Real Estate Development Llc 10 percent owner
Daniel G Devos director 1240 HURON ROAD SUITE 301, CLEVELAND OH 44115
Michael T Oliver director 1240 HURON ROAD SUITE 301, CLEVELAND OH 44115
Steven B Hoyt 10 percent owner 2865 LITTLE ORCHARD WAY, ORONO MN 55391
James C Mastandrea director, 10 percent owner, officer: Chairman, CEO and President 1240 HURON ROAD SUITE 301, CLEVELAND OH 44115
John J Dee officer: Senior Vice President
Daryl J Carter director CAPRI CAPITAL LP, 18301 VON KARMAN AVE STE 750, IRVIN CA 92612
Steven M Edelman officer: Chief Investment Officer
Duane H Lund director, officer: Vice President

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