PSP Energy BhdXKLS:0383 -3.57%9 Return-on-Tangible-Equity is 24.69% as of Mar. 2026, which is 19% below its 10-year median of 30.38. GuruFocus rates XKLS:0383 with a GF Score™ of 9/100. The stock has 1 warning sign investors should review. Among 944 Oil & Gas companies, PSP Energy Bhd ranks better than 55.93% 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. PSP Energy Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM28.0 Mil. PSP Energy Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM113.2 Mil. Therefore, PSP Energy Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 24.69%.
The historical rank and industry rank for PSP Energy Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0383'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.79 Med: 30.38 Max: 37.92
Current: 8.79
During the past 3 years, PSP Energy Bhd's highest Return-on-Tangible-Equity was 37.92%. The lowest was 8.79%. And the median was 30.38%.
XKLS:0383's Return-on-Tangible-Equity is ranked better than 55.93% of 944
companies
in the Oil & Gas industry
Industry Median: 6.73
vs XKLS:0383: 8.79
PSP Energy Bhd (XKLS:0383) 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.
PSP Energy Bhd Return-on-Tangible-Equity Related Terms
PSP Energy Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for PSP Energy Bhd'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.
XKLS:0383 vs WMB, EPD, KMI: Return-on-Tangible-Equity Comparison
For the Oil & Gas Midstream subindustry, PSP Energy Bhd'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.
PSP Energy Bhd Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PSP Energy Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where PSP Energy Bhd'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 24.69% mean?
PSP Energy Bhd (XKLS:0383) has a Return-on-Tangible-Equity of 24.69% 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 PSP Energy Bhd and its competitors. This is 19% below median its historical median of 30.38. Over the past decade, PSP Energy Bhd's Return-on-Tangible-Equity has ranged from 8.79 to 37.92. According to the industry distribution chart, PSP Energy Bhd ranks #416 out of 944 companies in the Oil & Gas industry, placing it in the top 44.1%.
Is PSP Energy Bhd's Return-on-Tangible-Equity too high?
PSP Energy Bhd's current Return-on-Tangible-Equity of 24.69% is 19% below median its 10-year median of 30.38. Over the past 10 years, this metric has ranged from a low of 8.79 to a high of 37.92. The Oil & Gas industry median Return-on-Tangible-Equity is 6.73. PSP Energy Bhd's value of 24.69% is 266.9% above this industry median. Based on the distribution chart, PSP Energy Bhd ranks #416 out of 944 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, PSP Energy Bhd has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does PSP Energy Bhd's Return-on-Tangible-Equity compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, PSP Energy Bhd ranks #416 out of 944 companies for Return-on-Tangible-Equity. This puts PSP Energy Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.73. PSP Energy Bhd's value of 24.69% is 266.9% above this benchmark. Historically, PSP Energy Bhd's own Return-on-Tangible-Equity has ranged from 8.79 to 37.92 over the past decade. While the company's 10-year median is 30.38 vs. the industry median of 6.73, PSP Energy Bhd 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 Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.73, based on 944 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. PSP Energy Bhd's current Return-on-Tangible-Equity of 24.69% is 266.9% 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 PSP Energy Bhd and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PSP Energy Bhd's current Return-on-Tangible-Equity is 24.69%, which is 19% below median its own 10-year median of 30.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSP Energy Bhd stock overvalued right now?
PSP Energy Bhd (XKLS:0383) has a current Return-on-Tangible-Equity of 24.69%. The current Return-on-Tangible-Equity is 24.69%, which is 19% below median its 10-year median of 30.38 and 266.9% above the Oil & Gas industry median of 6.73. PSP Energy Bhd's overall GF Score™ is 9/100 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 PSP Energy Bhd (XKLS:0383), the current Return-on-Tangible-Equity is 24.69% 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.
PSP Energy Bhd is an investment holding company. Through its subsidiaries, the company is principally involved in the trading and distribution of fuel and lubricant products in Malaysia. The company's key business segments are: (i) Trading of fuel products: Purchase and sales of fuel products on a wholesale basis (ii) Distribution of fuel products: Purchase, sales and delivery of fuel products using its own fleet of road tankers and/or bunker vessels (iii) Distribution of lubricant products: Purchase, sales and delivery of third-party and own brands of lubricant products using its own lorries. The company generates the majority of its revenue from the Distribution of fuel products segment. Geographically, it derives the maximum revenue from Malaysia.
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