Purple Ray StudioWAR:RAY 14 Return-on-Tangible-Equity is 0.95% as of Mar. 2026. GuruFocus rates WAR:RAY with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 491 Interactive Media companies, Purple Ray Studio ranks worse than 59.27% 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. Purple Ray Studio's annualized net income for the quarter that ended in Mar. 2026 was zł0.08 Mil. Purple Ray Studio's average shareholder tangible equity for the quarter that ended in Mar. 2026 was zł8.39 Mil. Therefore, Purple Ray Studio's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.95%.
The historical rank and industry rank for Purple Ray Studio's Return-on-Tangible-Equity or its related term are showing as below:
WAR:RAY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.34 Med: -5.96 Max: 1.55
Current: 1.55
During the past 3 years, Purple Ray Studio's highest Return-on-Tangible-Equity was 1.55%. The lowest was -9.34%. And the median was -5.96%.
WAR:RAY's Return-on-Tangible-Equity is ranked worse than 59.27% of 491
companies
in the Interactive Media industry
Industry Median: 5.8
vs WAR:RAY: 1.55
Purple Ray Studio (WAR:RAY) 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.
Purple Ray Studio Return-on-Tangible-Equity Related Terms
Purple Ray Studio Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Purple Ray Studio'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.
WAR:RAY vs NTES, EA, TTWO: Return-on-Tangible-Equity Comparison
For the Electronic Gaming & Multimedia subindustry, Purple Ray Studio'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.
Purple Ray Studio Return-on-Tangible-Equity vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Purple Ray Studio's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Purple Ray Studio'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 0.95% mean?
Purple Ray Studio (WAR:RAY) has a Return-on-Tangible-Equity of 0.95% 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 Purple Ray Studio and its competitors. According to the industry distribution chart, Purple Ray Studio ranks #291 out of 491 companies in the Interactive Media industry, placing it in the top 59.3%.
Is Purple Ray Studio's Return-on-Tangible-Equity too high?
Purple Ray Studio's current Return-on-Tangible-Equity is 0.95%. The Interactive Media industry median Return-on-Tangible-Equity is 5.80. Purple Ray Studio's value of 0.95% is 83.6% below this industry median. Based on the distribution chart, Purple Ray Studio ranks #291 out of 491 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Purple Ray Studio has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Purple Ray Studio's Return-on-Tangible-Equity compare to NTES and EA?
According to the Interactive Media industry distribution chart, Purple Ray Studio ranks #291 out of 491 companies for Return-on-Tangible-Equity. This places Purple Ray Studio in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.80. Purple Ray Studio's value of 0.95% is 83.6% below this benchmark. 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 Interactive Media company?
The median Return-on-Tangible-Equity among Interactive Media companies is 5.80, based on 491 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. Purple Ray Studio's current Return-on-Tangible-Equity of 0.95% is 83.6% below 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 Purple Ray Studio and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Equity is 5.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Purple Ray Studio's current Return-on-Tangible-Equity is 0.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Purple Ray Studio stock overvalued right now?
Purple Ray Studio (WAR:RAY) has a current Return-on-Tangible-Equity of 0.95%. The current Return-on-Tangible-Equity is 0.95% and 83.6% below the Interactive Media industry median of 5.80. Purple Ray Studio's overall GF Score™ is 14/100 with 1 warning sign 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 Purple Ray Studio (WAR:RAY), the current Return-on-Tangible-Equity is 0.95% 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.
Purple Ray Studio SA is engaged in production of games. The activitis of the company include preparing set of animations, 3D elements, animation sound designs, independent piece of software, and other relted activities to form a proper game. The current game of the company is Boti: Byteland Overclocked which offers different versions and stages.
14GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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