PGS Software (LTS:0RK2) Tax Rate %: 6.57% (As of Sep. 2021)

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What is PGS Software Tax Rate %?

PGS Software LTS:0RK2 4 Tax Rate % is 6.57% as of Sep. 2021. GuruFocus rates LTS:0RK2 with a GF Score™ of 4/100. The stock has 6 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. PGS Software's Tax Expense for the three months ended in Sep. 2021 was zł0.81 Mil. PGS Software's Pre-Tax Income for the three months ended in Sep. 2021 was zł12.27 Mil. Therefore, PGS Software's Tax Rate % for the quarter that ended in Sep. 2021 was 6.57%.

PGS Software Tax Rate % Related Terms

PGS Software Tax Rate % Historical Data

* Premium members only.

The historical data trend for PGS Software'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.

PGS Software Tax Rate % Chart

PGS Software Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.45 19.26 18.31 7.59 5.16

PGS Software Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 3.66 4.85 5.93 4.67 6.57

PGS Software Tax Rate % Calculation

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

PGS Software's Tax Rate % for the fiscal year that ended in Dec. 2020 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2020 )/Pre-Tax Income (A: Dec. 2020 )
=1.065/20.629
=5.16 %

PGS Software's Tax Rate % for the quarter that ended in Sep. 2021 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2021 )/Pre-Tax Income (Q: Sep. 2021 )
=0.806/12.268
=6.57 %

* 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 6.57% mean?
PGS Software (LTS:0RK2) has a Tax Rate % of 6.57% as of Sep. 2021.
Is PGS Software's Tax Rate % too high?
PGS Software's current Tax Rate % is 6.57%. Overall, PGS Software has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PGS Software's Tax Rate % compare to CRM and INTU?
PGS Software's Tax Rate % of 6.57% can be compared against companies in the Software 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 a Software company?
A good Tax Rate % depends on the Software 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. PGS Software's current Tax Rate % is 6.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PGS Software stock overvalued right now?
PGS Software (LTS:0RK2) has a current Tax Rate % of 6.57%. The current Tax Rate % is 6.57%. PGS Software's overall GF Score™ is 4/100 with 6 warning signs to review. 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 PGS Software (LTS:0RK2), the current Tax Rate % is 6.57% as of Sep. 2021. 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.

PGS Software Business Description

Address ul. Klecinska 123, Wroclaw, POL, 54-413
PGS Software SA provides software development and IT outsourcing services in Poland. It offers nearshore software outsourcing; mobile and web; application development; continuous delivery, quality analysis, and automation; and cloud services.