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. P I E Industrial Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM-23.0 Mil. P I E Industrial Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM632.9 Mil. Therefore, P I E Industrial Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -3.64%.
The historical rank and industry rank for P I E Industrial Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:7095'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.29 Med: 10.42 Max: 13.05
Current: 0.29
During the past 13 years, P I E Industrial Bhd's highest Return-on-Tangible-Equity was 13.05%. The lowest was 0.29%. And the median was 10.42%.
XKLS:7095's Return-on-Tangible-Equity is ranked worse than 68.26% of 2379
companies
in the Hardware industry
Industry Median: 5.28
vs XKLS:7095: 0.29
P I E Industrial Bhd (XKLS:7095) 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.
P I E Industrial Bhd Return-on-Tangible-Equity Related Terms
P I E Industrial Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for P I E Industrial 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.
P I E Industrial Bhd Return-on-Tangible-Equity Chart
XKLS:7095 vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, P I E Industrial 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.
P I E Industrial Bhd Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, P I E Industrial Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where P I E Industrial 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 -3.64% mean?
P I E Industrial Bhd (XKLS:7095) has a Return-on-Tangible-Equity of -3.64% 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 P I E Industrial Bhd and its competitors. Over the past decade, P I E Industrial Bhd's Return-on-Tangible-Equity has ranged from 0.29 to 13.05. According to the industry distribution chart, P I E Industrial Bhd ranks #1624 out of 2379 companies in the Hardware industry, placing it in the top 68.3%.
Is P I E Industrial Bhd's Return-on-Tangible-Equity too high?
P I E Industrial Bhd's current Return-on-Tangible-Equity is -3.64%. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 13.05. Based on the distribution chart, P I E Industrial Bhd ranks #1624 out of 2379 companies in the Hardware industry, which is below the industry midpoint. Overall, P I E Industrial Bhd has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does P I E Industrial Bhd's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, P I E Industrial Bhd ranks #1624 out of 2379 companies for Return-on-Tangible-Equity. This places P I E Industrial Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.28. Historically, P I E Industrial Bhd's own Return-on-Tangible-Equity has ranged from 0.29 to 13.05 over the past decade. 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 a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.28, based on 2,379 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. 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 P I E Industrial Bhd and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. P I E Industrial Bhd's current Return-on-Tangible-Equity is -3.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is P I E Industrial Bhd stock overvalued right now?
Based on GuruFocus' analysis, P I E Industrial Bhd (XKLS:7095) is currently considered Significantly Undervalued. The stock's GF Value™ is RM2.42, compared to a current price of RM1.48 — trading 38.8% below its estimated fair value. The current Return-on-Tangible-Equity is -3.64%. P I E Industrial Bhd's overall GF Score™ is 68/100 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 P I E Industrial Bhd (XKLS:7095), the current Return-on-Tangible-Equity is -3.64% 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.
Is P I E Industrial Bhd (XKLS:7095) Overvalued in 2026?
Based on GuruFocus' analysis, P I E Industrial Bhd stock appears to be undervalued.
The current stock price of RM1.48 is trading 38.8% below its estimated GF Value™ of RM2.42.
GuruFocus considers P I E Industrial Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:7095:
Return-on-Tangible-Equity: -3.64%
GF Value™: RM2.42 vs. price of RM1.48 (38.8% below fair value)
No single metric tells the full story. See the XKLS:7095 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
P I E Industrial Bhd is principally involved in investment holding and the provision of management services. The group has three reportable segments: Manufacturing of industrial products, Trading of electrical materials, and Investment holding. The company engages in the Manufacturing of industrial products, including cables and wires for electronic devices, cable molding compounds, PCB assemblies, cable and wire harnesses for the computer, communications, and consumer electronics industries, and cable assemblies. Trading of electrical materials includes peripheral products of computers, telecommunication, consumer electronics, and cable assembly products. Geographically, the company operates in Malaysia, other Asia Pacific countries, Canada, the United States, Europe, and other countries.
68GF Score
Get the complete analysis for XKLS:7095
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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