PEH Wertpapier AGFRA:PEH +0.69%72 ROE % is 21.64% as of Dec. 2025, which is 43% above its 10-year median of 15.14. GuruFocus rates FRA:PEH with a GF Score™ of 72/100 and a GF Value™ of €57.37 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,612 Asset Management companies, PEH Wertpapier AG ranks better than 82.94% on this metric.
The historical rank and industry rank for PEH Wertpapier AG's ROE % or its related term are showing as below:
FRA:PEH'
s ROE % Range Over the Past 10 Years
Min: -7.69 Med: 15.14 Max: 33.24
Current: 20.78
During the past 13 years, PEH Wertpapier AG's highest ROE % was 33.24%. The lowest was -7.69%. And the median was 15.14%.
FRA:PEH's ROE % is ranked better than 82.94% of 1612
companies
in the Asset Management industry
Industry Median: 6.395
vs FRA:PEH: 20.78
PEH Wertpapier AG (FRA:PEH) 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:
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.
PEH Wertpapier AG ROE % Related Terms
PEH Wertpapier AG ROE % Historical Data
* Premium members only.
The historical data trend for PEH Wertpapier AG'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.
For the Asset Management subindustry, PEH Wertpapier AG'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.
PEH Wertpapier AG ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, PEH Wertpapier AG's ROE % distribution charts can be found below:
* The bar in red indicates where PEH Wertpapier AG'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.
PEH Wertpapier AG (FRA:PEH) has a ROE % of 21.64% 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 PEH Wertpapier AG and its competitors. This is 43% above median its historical median of 15.14. According to the industry distribution chart, PEH Wertpapier AG ranks #275 out of 1612 companies in the Asset Management industry, placing it in the top 17.1%.
Is PEH Wertpapier AG's ROE % too high?
PEH Wertpapier AG's current ROE % of 21.64% is 43% above median its 10-year median of 15.14. The Asset Management industry median ROE % is 6.40. PEH Wertpapier AG's value of 21.64% is 238.4% above this industry median. Based on the distribution chart, PEH Wertpapier AG ranks #275 out of 1612 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, PEH Wertpapier AG has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PEH Wertpapier AG's ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, PEH Wertpapier AG ranks #275 out of 1612 companies for ROE %. This places PEH Wertpapier AG in the top 17% of its industry — outperforming the majority of peers. The industry median ROE % is 6.40. PEH Wertpapier AG's value of 21.64% is 238.4% above this benchmark. While the company's 10-year median is 15.14 vs. the industry median of 6.40, PEH Wertpapier AG 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 6.40, 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. PEH Wertpapier AG's current ROE % of 21.64% is 238.4% 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 PEH Wertpapier AG and its competitors. For the Asset Management industry, the median ROE % is 6.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PEH Wertpapier AG's current ROE % is 21.64%, which is 43% above median its own 10-year median of 15.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PEH Wertpapier AG stock overvalued right now?
Based on GuruFocus' analysis, PEH Wertpapier AG (FRA:PEH) is currently considered Significantly Undervalued. The stock's GF Value™ is €57.37, compared to a current price of €29.00 — trading 49.5% below its estimated fair value. The current ROE % is 21.64%, which is 43% above median its 10-year median of 15.14 and 238.4% above the Asset Management industry median of 6.40. PEH Wertpapier AG's overall GF Score™ is 72/100 with 2 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 PEH Wertpapier AG (FRA:PEH), the current ROE % is 21.64% 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 PEH Wertpapier AG (FRA:PEH) Overvalued in 2026?
Based on GuruFocus' analysis, PEH Wertpapier AG stock appears to be undervalued.
The current stock price of €29.00 is trading 49.5% below its estimated GF Value™ of €57.37.
GuruFocus considers PEH Wertpapier AG to be Significantly Undervalued.
Key valuation signals for FRA:PEH:
ROE %: 21.64% (43% above median its 10-year median of 15.14)
GF Value™: €57.37 vs. price of €29.00 (49.5% below fair value)
Industry Position: 238.4% above the Asset Management median (#275 of 1612)
No single metric tells the full story. See the FRA:PEH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PEH Wertpapier AG is an independent financial service provider in German-speaking countries. It offers asset management for private clients as well as special products and investment solutions for institutional investors. The various services offered by the company include asset management, wealth planning, general consultation, and foundation management. Additionally, it also operates various investment funds to cater to the demands of long-term investors who want to benefit from the growth opportunities of equity markets. The group is divided into three segments: PEH Asset Management, PEH Administration/Service segment, which generates maximum revenue, and PEH Sales. Geographically, it derives maximum revenue from Luxembourg, and the rest from Germany.
72GF Score
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