Pilot Energy (ASX:PGY) ROE %: -87.04% (As of Sep. 2025)


What is Pilot Energy ROE %?

Pilot Energy ASX:PGY ROE % is -87.04% as of Sep. 2025. The stock has 5 warning signs investors should review.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Pilot Energy's annualized net income for the quarter that ended in Sep. 2025 was A$-9.21 Mil. Pilot Energy's average Total Stockholders Equity over the quarter that ended in Sep. 2025 was A$10.58 Mil. Therefore, Pilot Energy's annualized ROE % for the quarter that ended in Sep. 2025 was -87.04%.

The historical rank and industry rank for Pilot Energy's ROE % or its related term are showing as below:

ASX:PGY' s ROE % Range Over the Past 10 Years
Min: -934.14   Med: -66.35   Max: -25.18
Current: -59.24

During the past 13 years, Pilot Energy's highest ROE % was -25.18%. The lowest was -934.14%. And the median was -66.35%.

ASX:PGY's ROE % is not ranked
in the Oil & Gas industry.
Industry Median: 5.795 vs ASX:PGY: -59.24

Pilot Energy  (ASX:PGY) ROE % Explanation

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:

ROE %(Q: Sep. 2025 )
=Net Income/Total Stockholders Equity
=-9.206/10.577
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-9.206 / 0)*(0 / 31.8215)*(31.8215 / 10.577)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*3.0086
=ROA %*Equity Multiplier
=N/A %*3.0086
=-87.04 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2025 )
=Net Income/Total Stockholders Equity
=-9.206/10.577
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-9.206 / -9.206) * (-9.206 / -8.062) * (-8.062 / 0) * (0 / 31.8215) * (31.8215 / 10.577)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.1419 * N/A % * 0 * 3.0086
=-87.04 %

Note: The net income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.


Pilot Energy ROE % Related Terms


Pilot Energy ROE % Historical Data

* Premium members only.

The historical data trend for Pilot Energy's ROE % 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.

Pilot Energy ROE % Chart

Pilot Energy Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -77.22 -25.18 -37.26 -35.54 -55.47

Pilot Energy Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
ROE % 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 -26.55 -29.32 -41.32 -39.98 -87.04

ASX:PGY vs COP, EOG, OXY: ROE % Comparison

For the Oil & Gas E&P subindustry, Pilot Energy'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.


Pilot Energy ROE % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pilot Energy's ROE % distribution charts can be found below:

* The bar in red indicates where Pilot Energy's ROE % falls into.



Pilot Energy ROE % Calculation

Pilot Energy's annualized ROE % for the fiscal year that ended in Sep. 2025 is calculated as

ROE %=Net Income (A: Sep. 2025 )/( (Total Stockholders Equity (A: Sep. 2024 )+Total Stockholders Equity (A: Sep. 2025 ))/ count )
=-7.15/( (15.053+10.725)/ 2 )
=-7.15/12.889
=-55.47 %

Pilot Energy's annualized ROE % for the quarter that ended in Sep. 2025 is calculated as

ROE %=Net Income (Q: Sep. 2025 )/( (Total Stockholders Equity (Q: Mar. 2025 )+Total Stockholders Equity (Q: Sep. 2025 ))/ count )
=-9.206/( (10.429+10.725)/ 2 )
=-9.206/10.577
=-87.04 %

* 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 (Sep. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -87.04% mean?
Pilot Energy (ASX:PGY) has a ROE % of -87.04% as of Sep. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Pilot Energy and its competitors.
Is Pilot Energy's ROE % too high?
Pilot Energy's current ROE % is -87.04%.
How does Pilot Energy's ROE % compare to COP and EOG?
Pilot Energy's ROE % of -87.04% can be compared against companies in the Oil & Gas industry. The industry median ROE % is 5.80. 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 Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.80, based on 960 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. 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 Pilot Energy and its competitors. For the Oil & Gas industry, the median ROE % is 5.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pilot Energy's current ROE % is -87.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pilot Energy stock overvalued right now?
Pilot Energy (ASX:PGY) has a current ROE % of -87.04%. The stock's GF Value™ is A$0.29, compared to a current price of A$0.05 — trading 81.4% below its estimated fair value. The current ROE % is -87.04%. 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 Pilot Energy (ASX:PGY), the current ROE % is -87.04% as of Sep. 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.

Pilot Energy Business Description

Industry EnergyOil & Gas
Address 100 Havelock Street, Suite 2, West Perth, Perth, WA, AUS, 6005
Pilot Energy Ltd is engaged in oil and gas production, development and exploration activities and is pursuing diversification and transition to the development of carbon management projects, hydrogen and integrated renewable energy by leveraging its existing oil and gas tenements and infrastructure. Its segments include Oil and Gas Exploration & Evaluation, Carbon Storage & Ammonia with the majority of revenue, Renewables and Corporate. The company's projects include the Mid West Clean Energy Project, oil and gas projects, and feasibility studies.