PPJE (PPJ Healthcare Enterprises) ROE %: -33.21% (As of Dec. 2009)


What is PPJ Healthcare Enterprises ROE %?

PPJ Healthcare Enterprises PPJE -98.00% ROE % is -33.21% as of Dec. 2009.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PPJ Healthcare Enterprises's annualized net income for the quarter that ended in Dec. 2009 was $-0.13 Mil. PPJ Healthcare Enterprises's average Total Stockholders Equity over the quarter that ended in Dec. 2009 was $0.40 Mil. Therefore, PPJ Healthcare Enterprises's annualized ROE % for the quarter that ended in Dec. 2009 was -33.21%.

The historical rank and industry rank for PPJ Healthcare Enterprises's ROE % or its related term are showing as below:

PPJE's ROE % is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 5.72
* Ranked among companies with meaningful ROE % only.

PPJ Healthcare Enterprises  (OTCPK:PPJE) 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: Dec. 2009 )
=Net Income/Total Stockholders Equity
=-0.134/0.4035
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.134 / 0.152)*(0.152 / 5.0985)*(5.0985 / 0.4035)
=Net Margin %*Asset Turnover*Equity Multiplier
=-88.16 %*0.0298*12.6357
=ROA %*Equity Multiplier
=-2.63 %*12.6357
=-33.21 %

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: Dec. 2009 )
=Net Income/Total Stockholders Equity
=-0.134/0.4035
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.134 / 0.018) * (0.018 / 0.124) * (0.124 / 0.152) * (0.152 / 5.0985) * (5.0985 / 0.4035)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -7.4444 * 0.1452 * 81.58 % * 0.0298 * 12.6357
=-33.21 %

Note: The net income data used here is one times the annual (Dec. 2009) net income data. The Revenue data used here is one times the annual (Dec. 2009) 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.

PPJ Healthcare Enterprises ROE % Related Terms

PPJ Healthcare Enterprises ROE % Historical Data

* Premium members only.

The historical data trend for PPJ Healthcare Enterprises'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.

PPJ Healthcare Enterprises ROE % Chart

PPJ Healthcare Enterprises Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
ROE %
Get a 7-Day Free Trial 0.00 0.00 0.00 -14.56 -33.21

PPJ Healthcare Enterprises Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
ROE % Get a 7-Day Free Trial 0.00 0.00 0.00 -14.56 -33.21

PPJE vs LOGQ, MDFI, NMXS: ROE % Comparison

For the Health Information Services subindustry, PPJ Healthcare Enterprises'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.

PPJ Healthcare Enterprises ROE % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, PPJ Healthcare Enterprises's ROE % distribution charts can be found below:

* The bar in red indicates where PPJ Healthcare Enterprises's ROE % falls into.


PPJ Healthcare Enterprises ROE % Calculation

PPJ Healthcare Enterprises's annualized ROE % for the fiscal year that ended in Dec. 2009 is calculated as

ROE %=Net Income (A: Dec. 2009 )/( (Total Stockholders Equity (A: Dec. 2008 )+Total Stockholders Equity (A: Dec. 2009 ))/ count )
=-0.134/( (0.006+0.801)/ 2 )
=-0.134/0.4035
=-33.21 %

PPJ Healthcare Enterprises's annualized ROE % for the quarter that ended in Dec. 2009 is calculated as

ROE %=Net Income (Q: Dec. 2009 )/( (Total Stockholders Equity (Q: Dec. 2008 )+Total Stockholders Equity (Q: Dec. 2009 ))/ count )
=-0.134/( (0.006+0.801)/ 2 )
=-0.134/0.4035
=-33.21 %

* 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 one times the annual (Dec. 2009) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -33.21% mean?
PPJ Healthcare Enterprises (PPJE) has a ROE % of -33.21% as of Dec. 2009. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on PPJ Healthcare Enterprises and its competitors.
Is PPJ Healthcare Enterprises' ROE % too high?
PPJ Healthcare Enterprises' current ROE % is -33.21%.
How does PPJ Healthcare Enterprises' ROE % compare to LOGQ and MDFI?
PPJ Healthcare Enterprises' ROE % of -33.21% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROE % is 5.72. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Healthcare Providers & Services company?
The median ROE % among Healthcare Providers & Services companies is 5.72, based on 628 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 PPJ Healthcare Enterprises and its competitors. For the Healthcare Providers & Services industry, the median ROE % is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PPJ Healthcare Enterprises's current ROE % is -33.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPJ Healthcare Enterprises stock overvalued right now?
PPJ Healthcare Enterprises (PPJE) has a current ROE % of -33.21%. The current ROE % is -33.21%. 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 PPJ Healthcare Enterprises (PPJE), the current ROE % is -33.21% as of Dec. 2009. 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.

PPJ Healthcare Enterprises Business Description

Address 402 Jackson Street, Suite 2340, Tampa, FL, USA, 33602
PPJ Healthcare Enterprises Inc engages in joint venturing with doctors in setting up new practices, marketing, and management of pain management practices and blood culture labs. The company also engages in the development and testing of medical marijuana, medical cannabis products, and medical billing specialties in anesthesiology. The projects of the company include automated biller, medical billing service, pain management center, and Lab testing.