Pfizer (XSWX:PFE) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2026)


XSWX:PFE Pfizer Inc XSWX:PFE
59 GF Score
Price CHF19.98
GF Value CHF21.05
Valuation Fairly Valued
! 5 Warning Signs
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What is Pfizer Return-on-Tangible-Equity?

Pfizer XSWX:PFE +1.83% 59 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates XSWX:PFE with a GF Score™ of 59/100 and a GF Value™ of CHF21.05 (Fairly Valued). The stock has 5 warning signs investors should review. Among 896 Drug Manufacturers companies, Pfizer ranks better than 99.89% 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. Pfizer's annualized net income for the quarter that ended in Mar. 2026 was CHF8,462 Mil. Pfizer's average shareholder tangible equity for the quarter that ended in Mar. 2026 was CHF-28,679 Mil. Therefore, Pfizer's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.

The historical rank and industry rank for Pfizer's Return-on-Tangible-Equity or its related term are showing as below:

XSWX:PFE' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1667.39   Med: 1667.39   Max: 1667.39
Current: Negative Tangible Equity

During the past 13 years, Pfizer's highest Return-on-Tangible-Equity was 1,667.39%. The lowest was 1,667.39%. And the median was 1,667.39%.

XSWX:PFE's Return-on-Tangible-Equity is ranked better than
99.89% of 896 companies
in the Drug Manufacturers industry
Industry Median: 7.795 vs XSWX:PFE: Negative Tangible Equity

Pfizer  (XSWX:PFE) 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.


Pfizer Return-on-Tangible-Equity Related Terms


Pfizer Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Pfizer'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.

Pfizer Return-on-Tangible-Equity Chart

Pfizer Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity 1,681.87 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Pfizer Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity 0.00 Negative Tangible Equity

XSWX:PFE vs GILD, BMY, AMGN: Return-on-Tangible-Equity Comparison

For the Drug Manufacturers - General subindustry, Pfizer'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.


Pfizer Return-on-Tangible-Equity vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Pfizer's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Pfizer's Return-on-Tangible-Equity falls into.


XSWX:PFE
59GF Score
Pfizer Inc XSWX:PFE
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Pfizer Return-on-Tangible-Equity Calculation

Pfizer's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=6192.71/( (-31862.217+-30694.995 )/ 2 )
=6192.71/-31278.606
=Negative Tangible Equity %

Pfizer's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=8461.9/( (-30694.995+-26663.489)/ 2 )
=8461.9/-28679.242
=Negative Tangible Equity %

* 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 Negative Tangible Equity% mean?
Pfizer (XSWX:PFE) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Pfizer and its competitors. Over the past decade, Pfizer's Return-on-Tangible-Equity has ranged from 1,667.39 to 1,667.39. According to the industry distribution chart, Pfizer ranks #1 out of 896 companies in the Drug Manufacturers industry, placing it in the top 0.099999999999994%.
Is Pfizer's Return-on-Tangible-Equity too high?
Pfizer's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 1,667.39 to a high of 1,667.39. Based on the distribution chart, Pfizer ranks #1 out of 896 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Pfizer has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pfizer's Return-on-Tangible-Equity compare to GILD and BMY?
According to the Drug Manufacturers industry distribution chart, Pfizer ranks #1 out of 896 companies for Return-on-Tangible-Equity. This places Pfizer in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.80. Historically, Pfizer's own Return-on-Tangible-Equity has ranged from 1,667.39 to 1,667.39 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 Drug Manufacturers company?
The median Return-on-Tangible-Equity among Drug Manufacturers companies is 7.80, based on 896 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 Pfizer and its competitors. For the Drug Manufacturers industry, the median Return-on-Tangible-Equity is 7.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pfizer's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pfizer stock overvalued right now?
Based on GuruFocus' analysis, Pfizer (XSWX:PFE) is currently considered Fairly Valued. The stock's GF Value™ is CHF21.05, compared to a current price of CHF19.98 — trading 5.1% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Pfizer's overall GF Score™ is 59/100 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 Pfizer (XSWX:PFE), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 Pfizer (XSWX:PFE) Overvalued in 2026?

Based on GuruFocus' analysis, Pfizer stock appears to be undervalued. The current stock price of CHF19.98 is trading 5.1% below its estimated GF Value™ of CHF21.05. GuruFocus considers Pfizer to be Fairly Valued.

Key valuation signals for XSWX:PFE:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: CHF21.05 vs. price of CHF19.98 (5.1% below fair value)
  • GF Score™: 59/100 with 5 warning signs

No single metric tells the full story. See the XSWX:PFE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pfizer Business Description

Address 66 Hudson Boulevard East, New York, NY, USA, 10001-2192
Pfizer is one of the world's largest pharmaceutical firms, with annual sales of roughly $60 billion. While it historically sold many types of healthcare products and chemicals, now prescription drugs and vaccines account for the majority of sales. Top sellers include pneumococcal vaccine Prevnar 13 and cardiology drugs Vyndaqel and Eliquis. Pfizer sells these products globally, with international sales representing 40% of total sales. Within international sales, emerging markets are a major contributor.
59GF 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.

CHF19.98
Price
CHF21.05
GF Value