PWM
Price:
$1.17
Market Cap:
$15.79M
Prestige Wealth Inc., through its subsidiaries, provides wealth management and asset management services. The company assists its clients in identifying and purchasing wealth management and asset management products. The company offers its services primarily for high net worth and ultra-high net worth individuals in Asia primarily in the mainland China or Hong Kong. The company was founded in 2017 and is based in Central, Hong Kong. Prestige Wealth Inc. operates as a subsidiary of Prestige Financial Holdings Group Limited.
Industry
Asset Management
IPO Date
2023-07-07
Stock Exchange
NASDAQ
Ticker
PWM
According to Prestige Wealth Inc.’s latest financial reports and current stock price. The company's current ROE is -149.12%. This represents a change of -Infinity% compared to the average of 0% of the last 4 quarters.
The mean historical ROE of Prestige Wealth Inc. over the last ten years is -42.52%. The current -149.12% ROE has changed 250.71% with respect to the historical average. Over the past ten years (40 quarters), PWM's ROE was at its highest in in the March 2024 quarter at 0%. The ROE was at its lowest in in the March 2024 quarter at 0%.
Average
-42.52%
Median
4.22%
Minimum
-226.15%
Maximum
47.65%
Discovering the peaks and valleys of Prestige Wealth Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.25%
Maximum Annual ROE = 47.65%
Minimum Annual Increase = -166.51%
Minimum Annual ROE = -226.15%
| Year | ROE | Change |
|---|---|---|
| 2024 | -226.15% | 1.25% |
| 2023 | -16.75% | -166.51% |
| 2022 | 25.19% | -47.14% |
The current ROE of Prestige Wealth Inc. (PWM) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-72.57%
5-year avg
-42.52%
10-year avg
-42.52%
Prestige Wealth Inc.’s ROE is greater than Highest Performances Holdings Inc. American Depository Shares (-38.57%), less than ConnectM Technology Solutions, Inc. (90.94%), less than Phoenix Biotech Acquisition Corp. (2.67%), less than Metal Sky Star Acquisition Corporation (8.32%), greater than Blue Safari Group Acquisition Corp. (-9.75%), greater than Goldenstone Acquisition Limited (-7.30%), less than Moringa Acquisition Corp (0.44%), less than Fortune Rise Acquisition Corporation (-1.26%), less than Iron Horse Acquisitions Corp. Common Stock (8.76%),
| Company | ROE | Market cap |
|---|---|---|
| -38.57% | $1.33B | |
| 90.94% | $29.37M | |
| 2.67% | $36.47M | |
| 8.32% | $43.21M | |
| -9.75% | $35.06M | |
| -7.30% | $25.27M | |
| 0.44% | $36.61M | |
| -1.26% | $36.81M | |
| 8.76% | $36.27M |
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How does the current ROE for Prestige Wealth Inc. (PWM) compare to its historical average?