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Peraso (Peraso) Return-on-Tangible-Equity : -322.06% (As of Mar. 2024)


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What is Peraso 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. Peraso's annualized net income for the quarter that ended in Mar. 2024 was $-8.12 Mil. Peraso's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $2.52 Mil. Therefore, Peraso's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -322.06%.

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

PRSO' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3994.92   Med: -343.39   Max: -109.95
Current: -298.32

During the past 5 years, Peraso's highest Return-on-Tangible-Equity was -109.95%. The lowest was -3,994.92%. And the median was -343.39%.

PRSO's Return-on-Tangible-Equity is ranked worse than
99.06% of 959 companies
in the Semiconductors industry
Industry Median: 5.24 vs PRSO: -298.32

Peraso Return-on-Tangible-Equity Historical Data

The historical data trend for Peraso'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.

Peraso Return-on-Tangible-Equity Chart

Peraso Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
-405.37 -3,994.92 -109.95 -197.87 -343.39

Peraso Quarterly Data
Dec19 Jun20 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 -151.21 -238.84 -36.77 -856.44 -322.06

Competitive Comparison of Peraso's Return-on-Tangible-Equity

For the Semiconductors subindustry, Peraso'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.


Peraso's Return-on-Tangible-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Peraso's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Peraso's Return-on-Tangible-Equity falls into.



Peraso Return-on-Tangible-Equity Calculation

Peraso'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 )
=-16.795/( (8.979+0.803 )/ 2 )
=-16.795/4.891
=-343.39 %

Peraso'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 )
=-8.124/( (0.803+4.242)/ 2 )
=-8.124/2.5225
=-322.06 %

* 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.


Peraso  (NAS:PRSO) 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.


Peraso Return-on-Tangible-Equity Related Terms

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


Peraso (Peraso) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2309 Bering Drive, San Jose, CA, USA, 95131
Peraso Inc is engaged in the development of high-performance 5G mmWave wireless technology. It offers chipsets, modules, software, and IP. Peraso supports a variety of applications, including fixed wireless access, immersive video, and factory automation. In addition, Peraso's solutions for data and telecom networks focus on Accelerating Data Intelligence and Multi-Access Edge Computing, providing end-to-end solutions from the edge to the centralized core and into the cloud.
Executives
Mark Lunsford officer: Chief Revenue Officer
Ian Mcwalter director 2309 BERING DRIVE, SAN JOSE CA 95131
Newell Robert Y Iv director 2309 BERING DRIVE, SAN JOSE CA 95131
Roadmap Peraso Lp Ii (u.s. & Offshore) 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5
Roadmap Peraso Lp Iii (u.s. & Offshore) 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5
Andreas Melder director 2309 BERING DRIVE, SAN JOSE CA 95131
Alex Tomkins officer: Chief Technology Officer 2309 BERING DRIVE, SAN JOSE CA 95131
Brad Lynch officer: Chief Operating Officer 2309 BERING DRIVE, SAN JOSE CA 95131
Ronald Glibbery director, officer: Chief Executive Officer 2309 BERING DRIVE, SAN JOSE CA 95131
Roadmap Innovation Fund I 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5
Roadmap Innovation Fund Ii 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5
Roadmap Capital General Partner Ltd 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5
Roadmap Peraso Lp 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5
Roadmap Peraso Lp Ii 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5
Roadmap Peraso Lp Iii 10 percent owner 130 BLOOR STREET WEST, SUITE 603, TORONTO A6 M5S 1N5