PEIPRACL.PFD (Pennsylvania Real Estate Investment Trust) ROCE % : -2.74% (As of Sep. 2023)

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What is Pennsylvania Real Estate Investment Trust ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Pennsylvania Real Estate Investment Trust's annualized ROCE % for the quarter that ended in Sep. 2023 was -2.74%.

Pennsylvania Real Estate Investment Trust ROCE % Historical Data

The historical data trend for Pennsylvania Real Estate Investment Trust's ROCE % 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.

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Pennsylvania Real Estate Investment Trust ROCE % Chart

Pennsylvania Real Estate Investment Trust Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-2.87

2.51

-9.46

-0.41

-0.51

Pennsylvania Real Estate Investment Trust Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-8.15	1.48	-1.19	-0.64	-2.74

Pennsylvania Real Estate Investment Trust ROCE % Calculation

Pennsylvania Real Estate Investment Trust's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-8.806	/	( ( (2051.736 - 215.662)	+	(1803.129 - 188.002) )	/ 2 )
	=	-8.806	/	( (1836.074	+	1615.127)	/ 2 )
	=	-8.806	/	1725.6005
	=	-0.51 %

Pennsylvania Real Estate Investment Trust's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-40.316	/	( ( (1722.358 - 207.921)	+	(1717.955 - 292.982) )	/ 2 )
	=	-40.316	/	( ( 1514.437	+	1424.973 )	/ 2 )
	=	-40.316	/	1469.705
	=	-2.74 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Pennsylvania Real Estate Investment Trust (NYSE:PEIPRACL.PFD) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Pennsylvania Real Estate Investment Trust ROCE % Related Terms

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Pennsylvania Real Estate Investment Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Pennsylvania Real Estate Investment Trust (NYSE:PEIPRACL.PFD) » Definitions » ROCE %

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Address

One Commerce Square, 2005 Market Street, Suite 1000, Philadelphia, PA, USA, 19103

Website

https://www.preit.com

Pennsylvania Real Estate Investment Trust is a self-managed and self-administered REIT in the United States. It is engaged in the ownership, management, leasing, acquisition, redevelopment, development, and disposition of retail shopping malls including regional department stores and large format retailers. Its properties involve mall portfolio, redevelopment, specialty leasing, partnerships, and marketing. It derives the substantial majority of revenue from rent leases of retail properties in the real estate portfolio.