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Palayesh Tehran (XTEH:PTEH1) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is Palayesh Tehran Return-on-Tangible-Equity?

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. Palayesh Tehran's annualized net income for the quarter that ended in . 20 was IRR Mil. Palayesh Tehran's average shareholder tangible equity for the quarter that ended in . 20 was IRR Mil. Therefore, Palayesh Tehran's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

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

XTEH:PTEH1's Return-on-Tangible-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 7.75
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Palayesh Tehran Return-on-Tangible-Equity Historical Data

The historical data trend for Palayesh Tehran'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.

* Premium members only.

Palayesh Tehran Return-on-Tangible-Equity Chart

Palayesh Tehran Annual Data
Trend
Return-on-Tangible-Equity

Palayesh Tehran Semi-Annual Data
Return-on-Tangible-Equity

Competitive Comparison of Palayesh Tehran's Return-on-Tangible-Equity

For the Oil & Gas Refining & Marketing subindustry, Palayesh Tehran'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.


Palayesh Tehran's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Palayesh Tehran's Return-on-Tangible-Equity distribution charts can be found below:

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



Palayesh Tehran Return-on-Tangible-Equity Calculation

Palayesh Tehran's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Palayesh Tehran's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Palayesh Tehran  (XTEH:PTEH1) 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.


Palayesh Tehran Return-on-Tangible-Equity Related Terms

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Palayesh Tehran Business Description

Industry
Traded in Other Exchanges
N/A
Address
Beheshti Boulevard, Baghershahr, P.O. Box: 4173, Tehran, IRN, 18735
Palayesh Tehran is an Iran based oil refining company. It is engaged in the purchase, refining, and processing of crude oil and hydrocarbons. Its product offering includes liquefied petroleum gases (LPG), gasoline, kerosene, gas oil, fuel oil, and aviation fuel.

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