ProCredit Holding AGXTER:PCZ +0.60%62 Return-on-Tangible-Equity is 8.37% as of Mar. 2026, which is 4% above its 10-year median of 8.06. GuruFocus rates XTER:PCZ with a GF Score™ of 62/100 and a GF Value™ of €9.00 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,523 Banks companies, ProCredit Holding AG ranks worse than 69.53% 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. ProCredit Holding AG's annualized net income for the quarter that ended in Mar. 2026 was €86.7 Mil. ProCredit Holding AG's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €1,035.1 Mil. Therefore, ProCredit Holding AG's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.37%.
The historical rank and industry rank for ProCredit Holding AG's Return-on-Tangible-Equity or its related term are showing as below:
XTER:PCZ'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.95 Med: 8.06 Max: 12.51
Current: 7.82
During the past 13 years, ProCredit Holding AG's highest Return-on-Tangible-Equity was 12.51%. The lowest was 1.95%. And the median was 8.06%.
XTER:PCZ's Return-on-Tangible-Equity is ranked worse than 69.53% of 1523
companies
in the Banks industry
Industry Median: 11.19
vs XTER:PCZ: 7.82
ProCredit Holding AG (XTER:PCZ) 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.
ProCredit Holding AG Return-on-Tangible-Equity Related Terms
ProCredit Holding AG Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for ProCredit Holding AG'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.
ProCredit Holding AG Return-on-Tangible-Equity Chart
XTER:PCZ vs JPM, BAC, WFC: Return-on-Tangible-Equity Comparison
For the Banks - Diversified subindustry, ProCredit Holding AG'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.
ProCredit Holding AG Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, ProCredit Holding AG's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ProCredit Holding AG'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 8.37% mean?
ProCredit Holding AG (XTER:PCZ) has a Return-on-Tangible-Equity of 8.37% 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 ProCredit Holding AG and its competitors. This is near median its historical median of 8.06. Over the past decade, ProCredit Holding AG's Return-on-Tangible-Equity has ranged from 1.95 to 12.51. According to the industry distribution chart, ProCredit Holding AG ranks #1059 out of 1523 companies in the Banks industry, placing it in the top 69.5%.
Is ProCredit Holding AG's Return-on-Tangible-Equity too high?
ProCredit Holding AG's current Return-on-Tangible-Equity of 8.37% is near median its 10-year median of 8.06. Over the past 10 years, this metric has ranged from a low of 1.95 to a high of 12.51. The Banks industry median Return-on-Tangible-Equity is 11.19. ProCredit Holding AG's value of 8.37% is 25.2% below this industry median. Based on the distribution chart, ProCredit Holding AG ranks #1059 out of 1523 companies in the Banks industry, which is below the industry midpoint. Overall, ProCredit Holding AG has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ProCredit Holding AG's Return-on-Tangible-Equity compare to JPM and BAC?
According to the Banks industry distribution chart, ProCredit Holding AG ranks #1059 out of 1523 companies for Return-on-Tangible-Equity. This places ProCredit Holding AG in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.19. ProCredit Holding AG's value of 8.37% is 25.2% below this benchmark. Historically, ProCredit Holding AG's own Return-on-Tangible-Equity has ranged from 1.95 to 12.51 over the past decade. While the company's 10-year median is 8.06 vs. the industry median of 11.19, ProCredit Holding AG has consistently been below 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 a Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.19, based on 1,523 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. ProCredit Holding AG's current Return-on-Tangible-Equity of 8.37% is 25.2% 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 ProCredit Holding AG and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ProCredit Holding AG's current Return-on-Tangible-Equity is 8.37%, which is near median its own 10-year median of 8.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ProCredit Holding AG stock overvalued right now?
Based on GuruFocus' analysis, ProCredit Holding AG (XTER:PCZ) is currently considered Fairly Valued. The stock's GF Value™ is €9.00, compared to a current price of €8.39 — trading 6.8% below its estimated fair value. The current Return-on-Tangible-Equity is 8.37%, which is near median its 10-year median of 8.06 and 25.2% below the Banks industry median of 11.19. ProCredit Holding AG's overall GF Score™ is 62/100 with 3 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 ProCredit Holding AG (XTER:PCZ), the current Return-on-Tangible-Equity is 8.37% 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 ProCredit Holding AG (XTER:PCZ) Overvalued in 2026?
Based on GuruFocus' analysis, ProCredit Holding AG stock appears to be undervalued.
The current stock price of €8.39 is trading 6.8% below its estimated GF Value™ of €9.00.
GuruFocus considers ProCredit Holding AG to be Fairly Valued.
Key valuation signals for XTER:PCZ:
Return-on-Tangible-Equity: 8.37% (near median its 10-year median of 8.06)
GF Value™: €9.00 vs. price of €8.39 (6.8% below fair value)
Industry Position: 25.2% below the Banks median (#1059 of 1523)
No single metric tells the full story. See the XTER:PCZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ProCredit Holding AG provides financial products and services. It performs general banking functions like accepting deposits, providing loans, current and savings accounts, and other banking services. The company's geographical segments are South-Eastern Europe, consisting of seven banks in the following countries: Albania, Bosnia and Herzegovina, Bulgaria (including branch operations in Greece), Kosovo, North Macedonia, Romania, and Serbia; Eastern Europe, with three banks located in the following countries, Georgia, Moldova, and Ukraine; South America, consisting of one bank in Ecuador; and Germany, consisting of the ProCredit Bank in Germany, ProCredit Holding, Quipu and the ProCredit Academy in Furth.
62GF Score
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