UGP (Ultrapar Participacoes) ROE % Adjusted to Book Value: 11.90% (As of Mar. 2026)


UGP Ultrapar Participacoes SA UGP
77 GF Score
Price $4.90
GF Value $4.56
Valuation Fairly Valued
! 1 Warning Sign
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What is Ultrapar Participacoes ROE % Adjusted to Book Value?

Ultrapar Participacoes UGP -0.91% 77 ROE % Adjusted to Book Value is 11.90% as of Mar. 2026. GuruFocus rates UGP with a GF Score™ of 77/100 and a GF Value™ of $4.56 (Fairly Valued). The stock has 1 warning sign investors should review.

Ultrapar Participacoes's ROE % for the quarter that ended in Mar. 2026 was 22.25%. Ultrapar Participacoes's PB Ratio for the quarter that ended in Mar. 2026 was 1.87. Ultrapar Participacoes's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 11.90%.


Ultrapar Participacoes ROE % Adjusted to Book Value Related Terms


Ultrapar Participacoes ROE % Adjusted to Book Value Historical Data

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The historical data trend for Ultrapar Participacoes's ROE % Adjusted to Book Value 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.

Ultrapar Participacoes ROE % Adjusted to Book Value Chart

Ultrapar Participacoes Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.14 14.50 9.33 12.85 11.99

Ultrapar Participacoes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 7.17 23.43 12.43 5.71 11.90

UGP vs VLO, MPC, PSX: ROE % Adjusted to Book Value Comparison

For the Oil & Gas Refining & Marketing subindustry, Ultrapar Participacoes's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Ultrapar Participacoes ROE % Adjusted to Book Value vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ultrapar Participacoes's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Ultrapar Participacoes's ROE % Adjusted to Book Value falls into.


UGP
77GF Score
Ultrapar Participacoes SA UGP
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Ultrapar Participacoes ROE % Adjusted to Book Value Calculation

Ultrapar Participacoes's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=16.79% / 1.40
=11.99%

Ultrapar Participacoes's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=22.25% / 1.87
=11.90%

* 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.

What does a ROE % Adjusted to Book Value of 11.90% mean?
Ultrapar Participacoes (UGP) has a ROE % Adjusted to Book Value of 11.90% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Ultrapar Participacoes and its competitors.
Is Ultrapar Participacoes' ROE % Adjusted to Book Value too high?
Ultrapar Participacoes' current ROE % Adjusted to Book Value is 11.90%. Overall, Ultrapar Participacoes has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ultrapar Participacoes' ROE % Adjusted to Book Value compare to VLO and MPC?
Ultrapar Participacoes' ROE % Adjusted to Book Value of 11.90% can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Oil & Gas company?
A good ROE % Adjusted to Book Value depends on the Oil & Gas industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Ultrapar Participacoes and its competitors. Ultrapar Participacoes's current ROE % Adjusted to Book Value is 11.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultrapar Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Ultrapar Participacoes (UGP) is currently considered Fairly Valued. The stock's GF Value™ is $4.56, compared to a current price of $4.90 — trading 7.3% above its estimated fair value. The current ROE % Adjusted to Book Value is 11.90%. Ultrapar Participacoes' overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Ultrapar Participacoes (UGP), the current ROE % Adjusted to Book Value is 11.90% 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 Ultrapar Participacoes (UGP) Overvalued in 2026?

Based on GuruFocus' analysis, Ultrapar Participacoes stock appears to be overvalued. The current stock price of $4.90 is trading 7.3% above its estimated GF Value™ of $4.56. GuruFocus considers Ultrapar Participacoes to be Fairly Valued.

Key valuation signals for UGP:

  • ROE % Adjusted to Book Value: 11.90%
  • GF Value™: $4.56 vs. price of $4.90 (7.3% above fair value)
  • GF Score™: 77/100 with 1 warning sign

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


Ultrapar Participacoes Business Description

Industry EnergyOil & Gas
Address Brigadeiro Luis Antonio Avenue, 1343, 9th Floor, Sao Paulo, SP, BRA, 01317-910
Ultrapar Participacoes SA engages in the investment of its own capital in services, commercial, and industrial activities, through the subscription or acquisition of shares of other companies. The company's business segments include: i) Ultragaz distributes LPG in the segments: bulk, comprising condominiums, trade, services, industries, and agribusiness; and bottled, mainly comprising residential consumers. ii) Ipiranga, the majority revenue generating segment, engages in the distribution and sale of oil-related products to service stations that operate under the Ipiranga brand throughout Brazil. iii) Ultracargo operates in specialized liquid bulk storage solutions in the main logistics centers. iv) Hidrovias: operates in logistics solutions and waterway and multimodal infrastructure.
77GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.90
Price
$4.56
GF Value