Volgogradenergosbyt PJSC (MIC:VGSB) Tax Rate %: 20.81% (As of Dec. 2023)


MIC:VGSB Volgogradenergosbyt PJSC MIC:VGSB
17 GF Score
Price ₽12.10
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What is Volgogradenergosbyt PJSC Tax Rate %?

Volgogradenergosbyt PJSC MIC:VGSB +5.22% 17 Tax Rate % is 20.81% as of Dec. 2023. GuruFocus rates MIC:VGSB with a GF Score™ of 17/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Volgogradenergosbyt PJSC's Tax Expense for the three months ended in Dec. 2023 was ₽131 Mil. Volgogradenergosbyt PJSC's Pre-Tax Income for the three months ended in Dec. 2023 was ₽630 Mil. Therefore, Volgogradenergosbyt PJSC's Tax Rate % for the quarter that ended in Dec. 2023 was 20.81%.

Volgogradenergosbyt PJSC Tax Rate % Related Terms

Volgogradenergosbyt PJSC Tax Rate % Historical Data

* Premium members only.

The historical data trend for Volgogradenergosbyt PJSC'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.

Volgogradenergosbyt PJSC Tax Rate % Chart

Volgogradenergosbyt PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.97 27.46 23.27 21.25 21.00

Volgogradenergosbyt PJSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 26.09 19.97 20.90 0.00 20.81
MIC:VGSB
17GF Score
Volgogradenergosbyt PJSC MIC:VGSB
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Volgogradenergosbyt PJSC Tax Rate % Calculation

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

Volgogradenergosbyt PJSC's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=449.521/2140.614
=21.00 %

Volgogradenergosbyt PJSC's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=131.111/630.051
=20.81 %

* 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 20.81% mean?
Volgogradenergosbyt PJSC (MIC:VGSB) has a Tax Rate % of 20.81% as of Dec. 2023.
Is Volgogradenergosbyt PJSC's Tax Rate % too high?
Volgogradenergosbyt PJSC's current Tax Rate % is 20.81%. Overall, Volgogradenergosbyt PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Volgogradenergosbyt PJSC's Tax Rate % compare to NEE and SO?
Volgogradenergosbyt PJSC's Tax Rate % of 20.81% can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Tax Rate % depends on the Utilities - Regulated 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. Volgogradenergosbyt PJSC's current Tax Rate % is 20.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Volgogradenergosbyt PJSC stock overvalued right now?
Volgogradenergosbyt PJSC (MIC:VGSB) has a current Tax Rate % of 20.81%. The current Tax Rate % is 20.81%. Volgogradenergosbyt PJSC's overall GF Score™ is 17/100. 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 Volgogradenergosbyt PJSC (MIC:VGSB), the current Tax Rate % is 20.81% as of Dec. 2023. 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.

Volgogradenergosbyt PJSC Business Description

Address ul. Kozlovskaya, d. 14, Volgograd, RUS, 400001
Volgogradenergosbyt PJSC purchases and sells electricity to industrial consumers in the wholesale and retail markets.
17GF Score

Get the complete analysis for MIC:VGSB

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₽12.10
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