Prime DividendTSX:PDV 38 Return-on-Tangible-Equity is 61.58% as of Nov. 2025, which is 140% above its 10-year median of 25.70. GuruFocus rates TSX:PDV with a GF Score™ of 38/100. The stock has 5 warning signs investors should review. Among 1,588 Asset Management companies, Prime Dividend ranks better than 90.11% 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. Prime Dividend's annualized net income for the quarter that ended in Nov. 2025 was C$3.83 Mil. Prime Dividend's average shareholder tangible equity for the quarter that ended in Nov. 2025 was C$6.22 Mil. Therefore, Prime Dividend's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2025 was 61.58%.
The historical rank and industry rank for Prime Dividend's Return-on-Tangible-Equity or its related term are showing as below:
TSX:PDV'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -19.6 Med: 25.7 Max: 66.06
Current: 36.79
During the past 13 years, Prime Dividend's highest Return-on-Tangible-Equity was 66.06%. The lowest was -19.60%. And the median was 25.70%.
TSX:PDV's Return-on-Tangible-Equity is ranked better than 90.11% of 1588
companies
in the Asset Management industry
Industry Median: 7.19
vs TSX:PDV: 36.79
Prime Dividend (TSX:PDV) 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.
Prime Dividend Return-on-Tangible-Equity Related Terms
Prime Dividend Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Prime Dividend'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.
TSX:PDV vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Prime Dividend'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.
Prime Dividend Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Prime Dividend's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Prime Dividend'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 two times the semi-annual (Nov. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 61.58% mean?
Prime Dividend (TSX:PDV) has a Return-on-Tangible-Equity of 61.58% as of Nov. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Prime Dividend and its competitors. This is 140% above median its historical median of 25.70. According to the industry distribution chart, Prime Dividend ranks #157 out of 1588 companies in the Asset Management industry, placing it in the top 9.9%.
Is Prime Dividend's Return-on-Tangible-Equity too high?
Prime Dividend's current Return-on-Tangible-Equity of 61.58% is 140% above median its 10-year median of 25.70. The Asset Management industry median Return-on-Tangible-Equity is 7.19. Prime Dividend's value of 61.58% is 756.5% above this industry median. Based on the distribution chart, Prime Dividend ranks #157 out of 1588 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Prime Dividend has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Prime Dividend's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Prime Dividend ranks #157 out of 1588 companies for Return-on-Tangible-Equity. This places Prime Dividend in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.19. Prime Dividend's value of 61.58% is 756.5% above this benchmark. While the company's 10-year median is 25.70 vs. the industry median of 7.19, Prime Dividend 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 Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.19, based on 1,588 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. Prime Dividend's current Return-on-Tangible-Equity of 61.58% is 756.5% 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 Prime Dividend and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prime Dividend's current Return-on-Tangible-Equity is 61.58%, which is 140% above median its own 10-year median of 25.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prime Dividend stock overvalued right now?
Prime Dividend (TSX:PDV) has a current Return-on-Tangible-Equity of 61.58%. The current Return-on-Tangible-Equity is 61.58%, which is 140% above median its 10-year median of 25.70 and 756.5% above the Asset Management industry median of 7.19. Prime Dividend's overall GF Score™ is 38/100 with 5 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 Prime Dividend (TSX:PDV), the current Return-on-Tangible-Equity is 61.58% as of Nov. 2025. 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.
Prime Dividend Corp is a mutual fund company that invests in an actively managed portfolio of common shares comprised of large capitalization dividend yielding Canadian companies. The company employs an active covered call writing program to enhance the income earned from the portfolio. The company offers two types of shares: Preferred Shares and Class A Shares.
38GF Score
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