Pengana Private Equity TrustASX:PE1 +6.60%59 ROE % is 13.26% as of Dec. 2025, which is 76% above its 10-year median of 7.54. GuruFocus rates ASX:PE1 with a GF Score™ of 59/100 and a GF Value™ of A$1.09 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,612 Asset Management companies, Pengana Private Equity Trust ranks worse than 54.84% on this metric.
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
Pengana Private Equity Trust ROE % Related Terms
Pengana Private Equity Trust ROE % Historical Data
* 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.
For the Asset Management subindustry, Pengana Private Equity Trust's ROE %, along with its competitors' market caps and ROE % 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.
Pengana Private Equity Trust ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Pengana Private Equity Trust's ROE % distribution charts can be found below:
* The bar in red indicates where Pengana Private Equity Trust's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Pengana Private Equity Trust (ASX:PE1) has a ROE % of 13.26% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Pengana Private Equity Trust and its competitors. This is 76% above median its historical median of 7.54. According to the industry distribution chart, Pengana Private Equity Trust ranks #884 out of 1612 companies in the Asset Management industry, placing it in the top 54.8%.
Is Pengana Private Equity Trust's ROE % too high?
Pengana Private Equity Trust's current ROE % of 13.26% is 76% above median its 10-year median of 7.54. The Asset Management industry median ROE % is 6.64. Pengana Private Equity Trust's value of 13.26% is 99.7% above this industry median. Based on the distribution chart, Pengana Private Equity Trust ranks #884 out of 1612 companies in the Asset Management industry, which is below the industry midpoint. Overall, Pengana Private Equity Trust has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pengana Private Equity Trust's ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, Pengana Private Equity Trust ranks #884 out of 1612 companies for ROE %. This places Pengana Private Equity Trust in the lower half of its industry. The industry median ROE % is 6.64. Pengana Private Equity Trust's value of 13.26% is 99.7% above this benchmark. While the company's 10-year median is 7.54 vs. the industry median of 6.64, Pengana Private Equity Trust has consistently been above 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 ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.64, based on 1,612 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pengana Private Equity Trust's current ROE % of 13.26% is 99.7% above 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Pengana Private Equity Trust and its competitors. For the Asset Management industry, the median ROE % is 6.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pengana Private Equity Trust's current ROE % is 13.26%, which is 76% above median its own 10-year median of 7.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pengana Private Equity Trust stock overvalued right now?
Based on GuruFocus' analysis, Pengana Private Equity Trust (ASX:PE1) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.09, compared to a current price of A$1.54 — trading 40.8% above its estimated fair value. The current ROE % is 13.26%, which is 76% above median its 10-year median of 7.54 and 99.7% above the Asset Management industry median of 6.64. Pengana Private Equity Trust's overall GF Score™ is 59/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Pengana Private Equity Trust (ASX:PE1), the current ROE % is 13.26% as of Dec. 2025. 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 Pengana Private Equity Trust (ASX:PE1) Overvalued in 2026?
Based on GuruFocus' analysis, Pengana Private Equity Trust stock appears to be overvalued.
The current stock price of A$1.54 is trading 40.8% above its estimated GF Value™ of A$1.09.
GuruFocus considers Pengana Private Equity Trust to be Significantly Overvalued.
Key valuation signals for ASX:PE1:
ROE %: 13.26% (76% above median its 10-year median of 7.54)
GF Value™: A$1.09 vs. price of A$1.54 (40.8% above fair value)
Industry Position: 99.7% above the Asset Management median (#884 of 1612)
No single metric tells the full story. See the ASX:PE1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pengana Private Equity Trust is an Australia-based company engaged in providing a diversified portfolio of private market investments via a listed investment trust structure. The Trust's investment objective is to generate, over an investment horizon of at least 10 years, returns and capital growth through a selective and diversified approach to private markets.
59GF Score
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