Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Rubellite EnergyTSX:RBY +0.22%46 Return-on-Tangible-Equity is 40.28% as of Jun. 2026, which is 289% above its 10-year median of 10.35. GuruFocus rates TSX:RBY with a GF Score™ of 46/100 and a GF Value™ of C$3.01 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 956 Oil & Gas companies, Rubellite Energy ranks better than 50.1% on this metric.
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. Rubellite Energy's annualized net income for the quarter that ended in Jun. 2026 was C$136.5 Mil. Rubellite Energy's average shareholder tangible equity for the quarter that ended in Jun. 2026 was C$338.8 Mil. Therefore, Rubellite Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 40.28%.
The historical rank and industry rank for Rubellite Energy's Return-on-Tangible-Equity or its related term are showing as below:
TSX:RBY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.84 Med: 10.35 Max: 19.62
Current: 7.84
During the past 5 years, Rubellite Energy's highest Return-on-Tangible-Equity was 19.62%. The lowest was 7.84%. And the median was 10.35%.
TSX:RBY's Return-on-Tangible-Equity is ranked better than 50.1% of 956
companies
in the Oil & Gas industry
Industry Median: 7.76
vs TSX:RBY: 7.84
Rubellite Energy (TSX:RBY) 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.
Rubellite Energy Return-on-Tangible-Equity Related Terms
Rubellite Energy Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Rubellite Energy'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.
TSX:RBY vs COP, EOG, FANG: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, Rubellite Energy'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.
Rubellite Energy Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Rubellite Energy's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Rubellite Energy's Return-on-Tangible-Equity falls into.
* 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 40.28% mean?
Rubellite Energy (TSX:RBY) has a Return-on-Tangible-Equity of 40.28% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Rubellite Energy and its competitors. This is 289% above median its historical median of 10.35. Over the past decade, Rubellite Energy's Return-on-Tangible-Equity has ranged from 7.84 to 19.62. According to the industry distribution chart, Rubellite Energy ranks #477 out of 956 companies in the Oil & Gas industry, placing it in the top 49.9%.
Is Rubellite Energy's Return-on-Tangible-Equity too high?
Rubellite Energy's current Return-on-Tangible-Equity of 40.28% is 289% above median its 10-year median of 10.35. Over the past 10 years, this metric has ranged from a low of 7.84 to a high of 19.62. The Oil & Gas industry median Return-on-Tangible-Equity is 7.76. Rubellite Energy's value of 40.28% is 419.1% above this industry median. Based on the distribution chart, Rubellite Energy ranks #477 out of 956 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Rubellite Energy has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rubellite Energy's Return-on-Tangible-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Rubellite Energy ranks #477 out of 956 companies for Return-on-Tangible-Equity. This puts Rubellite Energy in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.76. Rubellite Energy's value of 40.28% is 419.1% above this benchmark. Historically, Rubellite Energy's own Return-on-Tangible-Equity has ranged from 7.84 to 19.62 over the past decade. While the company's 10-year median is 10.35 vs. the industry median of 7.76, Rubellite Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 7.76, based on 956 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rubellite Energy's current Return-on-Tangible-Equity of 40.28% is 419.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Rubellite Energy and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 7.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rubellite Energy's current Return-on-Tangible-Equity is 40.28%, which is 289% above median its own 10-year median of 10.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rubellite Energy stock overvalued right now?
Based on GuruFocus' analysis, Rubellite Energy (TSX:RBY) is currently considered Significantly Overvalued. The stock's GF Value™ is C$3.01, compared to a current price of C$4.60 — trading 52.8% above its estimated fair value. The current Return-on-Tangible-Equity is 40.28%, which is 289% above median its 10-year median of 10.35 and 419.1% above the Oil & Gas industry median of 7.76. Rubellite Energy's overall GF Score™ is 46/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Rubellite Energy (TSX:RBY), the current Return-on-Tangible-Equity is 40.28% as of Jun. 2026. 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.
Is Rubellite Energy (TSX:RBY) Overvalued in 2026?
Based on GuruFocus' analysis, Rubellite Energy stock appears to be overvalued.
The current stock price of C$4.60 is trading 52.8% above its estimated GF Value™ of C$3.01.
GuruFocus considers Rubellite Energy to be Significantly Overvalued.
Key valuation signals for TSX:RBY:
Return-on-Tangible-Equity: 40.28% (289% above median its 10-year median of 10.35)
GF Value™: C$3.01 vs. price of C$4.60 (52.8% above fair value)
Industry Position: 419.1% above the Oil & Gas median (#477 of 956)
No single metric tells the full story. See the TSX:RBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rubellite Energy Corp is an oil and natural gas exploration and production company. The company is focused on Clearwater oil exploration and development, utilizing multi-lateral horizontal drilling technology. The company is also engaged in the production of conventional heavy crude oil from the Clearwater Formation in Eastern Alberta. The Clearwater is a high-rate-of-return play with compelling economics at current forward market prices for Western Canadian Select crude oil.
46GF Score
Get the complete analysis for TSX:RBY
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSX:RBY has been successfully added to your 
