PSV Holdings (JSE:PSV) Tax Rate %: 29.71% (As of Aug. 2019)

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What is PSV Holdings Tax Rate %?

PSV Holdings JSE:PSV Tax Rate % is 29.71% as of Aug. 2019.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. PSV Holdings's Tax Expense for the six months ended in Aug. 2019 was R-1.5 Mil. PSV Holdings's Pre-Tax Income for the six months ended in Aug. 2019 was R-5.1 Mil. Therefore, PSV Holdings's Tax Rate % for the quarter that ended in Aug. 2019 was 29.71%.

PSV Holdings Tax Rate % Related Terms

PSV Holdings Tax Rate % Historical Data

* Premium members only.

The historical data trend for PSV Holdings's Tax Rate % 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.

PSV Holdings Tax Rate % Chart

PSV Holdings Annual Data
Trend Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.57 24.44 114.69 -236.36 125.01

PSV Holdings Semi-Annual Data
Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19
Tax Rate % 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 6.76 54.21 27.83 161.67 29.71

PSV Holdings Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

PSV Holdings's Tax Rate % for the fiscal year that ended in Feb. 2019 is calculated as

Tax Rate %=Tax Expense (A: Feb. 2019 )/Pre-Tax Income (A: Feb. 2019 )
=-6.382/-5.105
=125.01 %

PSV Holdings's Tax Rate % for the quarter that ended in Aug. 2019 is calculated as

Tax Rate %=Tax Expense (Q: Aug. 2019 )/Pre-Tax Income (Q: Aug. 2019 )
=-1.523/-5.127
=29.71 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 29.71% mean?
PSV Holdings (JSE:PSV) has a Tax Rate % of 29.71% as of Aug. 2019.
Is PSV Holdings' Tax Rate % too high?
PSV Holdings' current Tax Rate % is 29.71%.
How does PSV Holdings' Tax Rate % compare to HON and MMM?
PSV Holdings' Tax Rate % of 29.71% can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Industrial Products company?
A good Tax Rate % depends on the Industrial Products industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. PSV Holdings's current Tax Rate % is 29.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSV Holdings stock overvalued right now?
PSV Holdings (JSE:PSV) has a current Tax Rate % of 29.71%. The current Tax Rate % is 29.71%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For PSV Holdings (JSE:PSV), the current Tax Rate % is 29.71% as of Aug. 2019. 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.

PSV Holdings Business Description

Address Corner of Serenade & North Reef Roads, Henville Ext. Elandsfontein Rail, Germiston, ZAF, 1429
PSV Holdings Ltd is an industrial engineering holding company. It is engaged in providing steel, stainless steel, industrial supplies, specialized control valves, engineering linings, cryogenic equipment and storage tankers and also provides technology to the mining, water, wastewater management, health care, infrastructure and manufacturing sectors in South Africa and Africa. The company operates in two segments namely Industrial Supplies that includes steel, piping, industrial tools and consumable supplies and others; and Specialized Services that includes comprehensive cryogenic and gas systems. It derives key revenue from the Industrial supplies segment. Geographically, the group has operations in South Africa and other countries.