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Pennsylvania Real Estate Investment Trust (Pennsylvania Real Estate Investment Trust) ROE %

: 0.00% (As of Sep. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Pennsylvania Real Estate Investment Trust's annualized net income for the quarter that ended in Sep. 2023 was $-228.2 Mil. Pennsylvania Real Estate Investment Trust's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was $-234.1 Mil. Therefore, Pennsylvania Real Estate Investment Trust's annualized ROE % for the quarter that ended in Sep. 2023 was N/A%.

The historical rank and industry rank for Pennsylvania Real Estate Investment Trust's ROE % or its related term are showing as below:

During the past 13 years, Pennsylvania Real Estate Investment Trust's highest ROE % was 4.58%. The lowest was -180.14%. And the median was -4.37%.

PRETQ's ROE % is not ranked *
in the REITs industry.
Industry Median: 4.25
* Ranked among companies with meaningful ROE % only.

Pennsylvania Real Estate Investment Trust ROE % Historical Data

The historical data trend for Pennsylvania Real Estate Investment Trust'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.

* Premium members only.

Pennsylvania Real Estate Investment Trust Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.57 -2.52 -93.54 -180.14 -

Pennsylvania Real Estate Investment Trust Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROE % 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 - - - - -

Competitive Comparison

For the REIT - Retail subindustry, Pennsylvania Real Estate Investment Trust'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.


Pennsylvania Real Estate Investment Trust ROE % Distribution

For the REITs industry and Real Estate sector, Pennsylvania Real Estate Investment Trust's ROE % distribution charts can be found below:

* The bar in red indicates where Pennsylvania Real Estate Investment Trust's ROE % falls into.



Pennsylvania Real Estate Investment Trust ROE % Calculation

Pennsylvania Real Estate Investment Trust's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=-148.318/( (16.162+-113.226)/ 2 )
=-148.318/-48.532
=N/A %

Pennsylvania Real Estate Investment Trust's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=-228.176/( (-205.412+-262.719)/ 2 )
=-228.176/-234.0655
=N/A %

* 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 four times the quarterly (Sep. 2023) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Pennsylvania Real Estate Investment Trust  (OTCPK:PRETQ) 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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-228.176/-234.0655
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-228.176 / 271.924)*(271.924 / 1720.1565)*(1720.1565 / -234.0655)
=Net Margin %*Asset Turnover*Equity Multiplier
=-83.91 %*0.1581*N/A
=ROA %*Equity Multiplier
=-13.27 %*N/A
=N/A %

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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-228.176/-234.0655
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-228.176 / -231.432) * (-231.432 / -19.4) * (-19.4 / 271.924) * (271.924 / 1720.1565) * (1720.1565 / -234.0655)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9859 * 11.9295 * -7.13 % * 0.1581 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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.


Pennsylvania Real Estate Investment Trust ROE % Related Terms

Thank you for viewing the detailed overview of Pennsylvania Real Estate Investment Trust's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Pennsylvania Real Estate Investment Trust (Pennsylvania Real Estate Investment Trust) Business Description

Address
One Commerce Square, 2005 Market Street, Suite 1000, Philadelphia, PA, USA, 19103
Pennsylvania Real Estate Investment Trust is a self-managed and self-administered REIT in the United States. It is engaged in the ownership, management, leasing, acquisition, redevelopment, development, and disposition of retail shopping malls including regional department stores and large format retailers. Its properties involve mall portfolio, redevelopment, specialty leasing, partnerships, and marketing. It derives the substantial majority of revenue from rent leases of retail properties in the real estate portfolio.
Executives
Christopher Swann director C/O PENN. REAL ESTATE INVESTMENT TRUST, 2005 MARKET STREET, SUITE 1000, PHILADELPHIA PA 19103
Kenneth B. Hart director C/O PENN REAL ESTATE TRUST, 2005 MARKET STREET, SUITE 1000, PHILADELPHIA PA 19103
Joseph J. Aristone officer: EVP - Leasing C/O PENN, REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 S. BROAD STREET, PHILADELPHIA PA 19102
Joseph F Coradino director, officer: Chief Executive Officer C/O PENN. REAL ESTATE INVESTMENT TRUST, 200 S. BROAD ST., THE BELLEVUE, PHILADEPHIA PA 19102
Michael J. Demarco director C/O MACK-CALI REALTY CORPORATION, HARBORSIDE 3, 210 HUDSON ST., STE. 400, JERSEY CITY NJ 07311
Ventresca Mario C. Jr. officer: EVP-Chief Financial Officer C/O PENN REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 SOUTH BROAD STREET, PHILADELPHIA PA 19102
Andrew M. Ioannou officer: EVP-Finance and Acquisitions C/O PENN REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 SOUTH BROAD STREET, PHILADELPHIA PA 19102
Mark E Pasquerilla director
Charles P Pizzi director C/O TASTY BAKING COMPANY, NAVY YARD CORP. CTR., THREE CRESCENT DR., PHILADELPHIA PA 19112
Joanne A. Epps director C/O PENN, REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 S. BROAD STREET, PHILADELPHIA PA 19102
Alburger George J Jr director C/O LIBERTY PROPERTY TRUST, 65 VALLEY STREAM PARKWAY, MALVERN PA 19355
Lisa M. Most officer: EVP, GC, CCO & Secretary C/O PENN. REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 SOUTH BROAD STREET, PHILADELPHIA PA 19102
Heather Crowell officer: EVP-Strategy & Communications C/O PENN, REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 S. BROAD STREET, PHILADELPHIA PA 19102
John Joseph Roberts director 1007 CANTERBURY LANE, VILLANOVA PA 19085
Sathana Semonsky officer: VP - Chief Accounting Officer C/O PENN. REAL ESTATE INVESTMENT TRUST, 2005 MARKET STREET, SUITE 1000, PHILADELPHIA PA 19103

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