GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Project Planning Service PCL (BKK:PPS) » Definitions » Return-on-Tangible-Equity

Project Planning Service PCL (BKK:PPS) Return-on-Tangible-Equity : -2.32% (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Project Planning Service PCL Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Project Planning Service PCL's annualized net income for the quarter that ended in Mar. 2024 was ฿-7.1 Mil. Project Planning Service PCL's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ฿304.7 Mil. Therefore, Project Planning Service PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -2.32%.

The historical rank and industry rank for Project Planning Service PCL's Return-on-Tangible-Equity or its related term are showing as below:

BKK:PPS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.05   Med: 4.85   Max: 20.4
Current: -6.94

During the past 13 years, Project Planning Service PCL's highest Return-on-Tangible-Equity was 20.40%. The lowest was -9.05%. And the median was 4.85%.

BKK:PPS's Return-on-Tangible-Equity is ranked worse than
84.11% of 1598 companies
in the Construction industry
Industry Median: 7.88 vs BKK:PPS: -6.94

Project Planning Service PCL Return-on-Tangible-Equity Historical Data

The historical data trend for Project Planning Service PCL's Return-on-Tangible-Equity 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.

Project Planning Service PCL Return-on-Tangible-Equity Chart

Project Planning Service PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.40 -9.05 7.32 7.30 -5.75

Project Planning Service PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity 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 1.84 -8.14 -2.07 -15.26 -2.32

Competitive Comparison of Project Planning Service PCL's Return-on-Tangible-Equity

For the Engineering & Construction subindustry, Project Planning Service PCL's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Project Planning Service PCL's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Project Planning Service PCL's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Project Planning Service PCL's Return-on-Tangible-Equity falls into.



Project Planning Service PCL Return-on-Tangible-Equity Calculation

Project Planning Service PCL's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-18.192/( (326.16+306.36 )/ 2 )
=-18.192/316.26
=-5.75 %

Project Planning Service PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-7.072/( (306.36+303.077)/ 2 )
=-7.072/304.7185
=-2.32 %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Project Planning Service PCL  (BKK:PPS) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Project Planning Service PCL Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Project Planning Service PCL's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Project Planning Service PCL (BKK:PPS) Business Description

Traded in Other Exchanges
N/A
Address
Rama IX Road, 381/6 Soi Rama IX 58 (Soi 7, Seree 7), Suanluang, Bangkok, THA, 10250
Project Planning Service PCL is engaged in engineering advisory, project design and content relating to technology, and concert exhibitions. It offers services such as design management, engineering design, project feasibility study, construction management, architectural design, project planning, and engineering procurement and construction services among others. Some of its projects are Holiday Inn Express Samui Bophut, Rhythm Condominium, The park Chidlom, Amway and others. The group operates in Thailand and overseas, out of which the majority is from Thailand.

Project Planning Service PCL (BKK:PPS) Headlines

From GuruFocus

Post Properties Inc. (PPS) President and CEO David P Stockert sells 10,000 Shares

By GuruFocus Research GuruFocus Editor 05-07-2010

Post Properties Inc. (PPS) EVP & CFO Christopher J Papa sells 20,000 Shares

By GuruFocus Research GuruFocus Editor 05-07-2010

Third Avenue Management's High-Return Four

By Sally Jones Sally Jones 10-13-2013

Third Avenue Comments on Post Properties

By Holly LaFon Holly LaFon 09-18-2013

Post Properties Inc. (PPS) President and CEO David P Stockert sells 175,000 Shares

By GuruFocus Research GuruFocus Editor 02-15-2011

Notable Dividend News: PPS, HOMB, XRTX, OHI

By Dynamic Dividend Dynamic Dividend 08-02-2011