Invesco Pennsylvania Value Municipalome TrustVPV -0.18%24 Return-on-Tangible-Equity is 18.07% as of Feb. 2026, which is 444% above its 10-year median of 3.32. GuruFocus rates VPV with a GF Score™ of 24/100. The stock has 6 warning signs investors should review. Among 1,588 Asset Management companies, Invesco Pennsylvania Value Municipalome Trust ranks worse than 66.31% on this metric.
VPV's Return-on-Tangible-Equity is ranked worse than 66.31% of 1588
companies
in the Asset Management industry
Industry Median: 7.19
vs VPV: 2.66
Invesco Pennsylvania Value Municipalome Trust (NYSE:VPV) 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.
Invesco Pennsylvania Value Municipalome Trust Return-on-Tangible-Equity Related Terms
Invesco Pennsylvania Value Municipalome Trust 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.
Invesco Pennsylvania Value Municipalome Trust Return-on-Tangible-Equity Chart
Invesco Pennsylvania Value Municipalome Trust Annual Data
VPV vs FT, DMB, ETX: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Invesco Pennsylvania Value Municipalome Trust'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.
Invesco Pennsylvania Value Municipalome Trust Return-on-Tangible-Equity vs Asset Management Industry
* 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 (Feb. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 18.07% mean?
Invesco Pennsylvania Value Municipalome Trust (VPV) has a Return-on-Tangible-Equity of 18.07% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Invesco Pennsylvania Value Municipalome Trust and its competitors. This is 444% above median its historical median of 3.32. According to the industry distribution chart, Invesco Pennsylvania Value Municipalome Trust ranks #1053 out of 1588 companies in the Asset Management industry, placing it in the top 66.3%.
Is Invesco Pennsylvania Value Municipalome Trust's Return-on-Tangible-Equity too high?
Invesco Pennsylvania Value Municipalome Trust's current Return-on-Tangible-Equity of 18.07% is 444% above median its 10-year median of 3.32. The Asset Management industry median Return-on-Tangible-Equity is 7.19. Invesco Pennsylvania Value Municipalome Trust's value of 18.07% is 151.3% above this industry median. Based on the distribution chart, Invesco Pennsylvania Value Municipalome Trust ranks #1053 out of 1588 companies in the Asset Management industry, which is below the industry midpoint. Overall, Invesco Pennsylvania Value Municipalome Trust has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Invesco Pennsylvania Value Municipalome Trust's Return-on-Tangible-Equity compare to FT and DMB?
According to the Asset Management industry distribution chart, Invesco Pennsylvania Value Municipalome Trust ranks #1053 out of 1588 companies for Return-on-Tangible-Equity. This places Invesco Pennsylvania Value Municipalome Trust in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.19. Invesco Pennsylvania Value Municipalome Trust's value of 18.07% is 151.3% above this benchmark. While the company's 10-year median is 3.32 vs. the industry median of 7.19, Invesco Pennsylvania Value Municipalome Trust 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. Invesco Pennsylvania Value Municipalome Trust's current Return-on-Tangible-Equity of 18.07% is 151.3% 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 Invesco Pennsylvania Value Municipalome Trust 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. Invesco Pennsylvania Value Municipalome Trust's current Return-on-Tangible-Equity is 18.07%, which is 444% above median its own 10-year median of 3.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Invesco Pennsylvania Value Municipalome Trust stock overvalued right now?
Invesco Pennsylvania Value Municipalome Trust (VPV) has a current Return-on-Tangible-Equity of 18.07%. The current Return-on-Tangible-Equity is 18.07%, which is 444% above median its 10-year median of 3.32 and 151.3% above the Asset Management industry median of 7.19. Invesco Pennsylvania Value Municipalome Trust's overall GF Score™ is 24/100 with 6 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 Invesco Pennsylvania Value Municipalome Trust (VPV), the current Return-on-Tangible-Equity is 18.07% as of Feb. 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.
Invesco Pennsylvania Value Municipalome Trust Business Description
Invesco Pennsylvania Value Municipal Income Trust is a diversified, closed-end management investment company. The investment objective is to provide common shareholders with a high level of current income exempt from federal and Pennsylvania income taxes and, where possible under local law, local income and personal property taxes, consistent with preservation of capital.
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