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Pruksa Real Estate PCL (BKK:PS-R) ROE % : 9.80% (As of Mar. 2018)


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What is Pruksa Real Estate PCL ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Pruksa Real Estate PCL's annualized net income for the quarter that ended in Mar. 2018 was ฿3,587.84 Mil. Pruksa Real Estate PCL's average Total Stockholders Equity over the quarter that ended in Mar. 2018 was ฿36,602.92 Mil. Therefore, Pruksa Real Estate PCL's annualized ROE % for the quarter that ended in Mar. 2018 was 9.80%.

The historical rank and industry rank for Pruksa Real Estate PCL's ROE % or its related term are showing as below:

BKK:PS-R' s ROE % Range Over the Past 10 Years
Min: 15.49   Med: 24.2   Max: 31.31
Current: 16.19

During the past 13 years, Pruksa Real Estate PCL's highest ROE % was 31.31%. The lowest was 15.49%. And the median was 24.20%.

BKK:PS-R's ROE % is not ranked
in the Real Estate industry.
Industry Median: 3.235 vs BKK:PS-R: 16.19

Pruksa Real Estate PCL ROE % Historical Data

The historical data trend for Pruksa Real Estate PCL'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.

* Premium members only.

Pruksa Real Estate PCL ROE % Chart

Pruksa Real Estate PCL Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.78 24.36 24.03 17.34 15.49

Pruksa Real Estate PCL Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 7.70 19.98 14.43 20.89 9.80

Competitive Comparison of Pruksa Real Estate PCL's ROE %

For the Real Estate - Development subindustry, Pruksa Real Estate PCL'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.


Pruksa Real Estate PCL's ROE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Pruksa Real Estate PCL's ROE % distribution charts can be found below:

* The bar in red indicates where Pruksa Real Estate PCL's ROE % falls into.


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Pruksa Real Estate PCL ROE % Calculation

Pruksa Real Estate PCL's annualized ROE % for the fiscal year that ended in Dec. 2017 is calculated as

ROE %=Net Income (A: Dec. 2017 )/( (Total Stockholders Equity (A: Dec. 2016 )+Total Stockholders Equity (A: Dec. 2017 ))/ count )
=5605.335/( (36212.035+36164.559)/ 2 )
=5605.335/36188.297
=15.49 %

Pruksa Real Estate PCL's annualized ROE % for the quarter that ended in Mar. 2018 is calculated as

ROE %=Net Income (Q: Mar. 2018 )/( (Total Stockholders Equity (Q: Dec. 2017 )+Total Stockholders Equity (Q: Mar. 2018 ))/ count )
=3587.84/( (36164.559+37041.289)/ 2 )
=3587.84/36602.924
=9.80 %

* 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 four times the quarterly (Mar. 2018) net income data. ROE % is displayed in the 30-year financial page.


Pruksa Real Estate PCL  (BKK:PS-R) 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: Mar. 2018 )
=Net Income/Total Stockholders Equity
=3587.84/36602.924
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3587.84 / 33408.476)*(33408.476 / 73593.106)*(73593.106 / 36602.924)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.74 %*0.454*2.0106
=ROA %*Equity Multiplier
=4.88 %*2.0106
=9.80 %

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: Mar. 2018 )
=Net Income/Total Stockholders Equity
=3587.84/36602.924
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3587.84 / 4488.288) * (4488.288 / 4702.52) * (4702.52 / 33408.476) * (33408.476 / 73593.106) * (73593.106 / 36602.924)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7994 * 0.9544 * 14.08 % * 0.454 * 2.0106
=9.80 %

Note: The net income data used here is four times the quarterly (Mar. 2018) net income data. The Revenue data used here is four times the quarterly (Mar. 2018) 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.


Pruksa Real Estate PCL ROE % Related Terms

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Pruksa Real Estate PCL Business Description

Traded in Other Exchanges
N/A
Address
Pruksa Real Estate PCL was founded on April 20, 1993. The Company is engaged in the business of real estate development for residential purposes, including townhouses, single-detached houses, and condominiums. It comprised the following reportable segments; SBU Townhouse which includes Baan Pruksa, Pruksa Ville, The Connect, and SD3; SBU Condominium 1 which includes Condominium I, Condominium II, and Condominium IV; SBU Single house which includes Pruksa Town, Passorn, and Pruksa Village and SBU Condominium 2 which includes Condominium III, Condominium V, and Condominium VI. Its geographical areas of operations include Thailand, India, Maldives and Vietnam.

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