BBKCD (Surge Digital) ROE % Adjusted to Book Value: -46.31% (As of Mar. 2026)

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BBKCD Surge Digital Inc BBKCD
46 GF Score
Price $0.41
GF Value $1.06
Valuation Possible Value Trap
! 5 Warning Signs
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What is Surge Digital ROE % Adjusted to Book Value?

Surge Digital BBKCD 46 ROE % Adjusted to Book Value is -46.31% as of Mar. 2026. GuruFocus rates BBKCD with a GF Score™ of 46/100 and a GF Value™ of $1.06 (Possible Value Trap). The stock has 5 warning signs investors should review.

Surge Digital's ROE % for the quarter that ended in Mar. 2026 was -103.73%. Surge Digital's PB Ratio for the quarter that ended in Mar. 2026 was 2.24. Surge Digital's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -46.31%.


Surge Digital ROE % Adjusted to Book Value Related Terms


Surge Digital ROE % Adjusted to Book Value Historical Data

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The historical data trend for Surge Digital's ROE % Adjusted to Book Value 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.

Surge Digital ROE % Adjusted to Book Value Chart

Surge Digital Annual Data
Trend Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.50 -36.10 -11.90 -27.32 -5.04

Surge Digital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 -32.23 -1.18 15.21 17.65 -46.31

BBKCD vs MS, GS, SCHW: ROE % Adjusted to Book Value Comparison

For the Capital Markets subindustry, Surge Digital's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Surge Digital ROE % Adjusted to Book Value vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Surge Digital's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Surge Digital's ROE % Adjusted to Book Value falls into.


BBKCD
46GF Score
Surge Digital Inc BBKCD
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Surge Digital ROE % Adjusted to Book Value Calculation

Surge Digital's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-7.86% / 1.56
=-5.04%

Surge Digital's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-103.73% / 2.24
=-46.31%

* 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.

What does a ROE % Adjusted to Book Value of -46.31% mean?
Surge Digital (BBKCD) has a ROE % Adjusted to Book Value of -46.31% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Surge Digital and its competitors.
Is Surge Digital's ROE % Adjusted to Book Value too high?
Surge Digital's current ROE % Adjusted to Book Value is -46.31%. Overall, Surge Digital has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Surge Digital's ROE % Adjusted to Book Value compare to MS and GS?
Surge Digital's ROE % Adjusted to Book Value of -46.31% can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Capital Markets company?
A good ROE % Adjusted to Book Value depends on the Capital Markets industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Surge Digital and its competitors. Surge Digital's current ROE % Adjusted to Book Value is -46.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surge Digital stock overvalued right now?
Based on GuruFocus' analysis, Surge Digital (BBKCD) is currently considered Possible Value Trap. The stock's GF Value™ is $1.06, compared to a current price of $0.41 — trading 61.5% below its estimated fair value. The current ROE % Adjusted to Book Value is -46.31%. Surge Digital'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 ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Surge Digital (BBKCD), the current ROE % Adjusted to Book Value is -46.31% as of Mar. 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 Surge Digital (BBKCD) Overvalued in 2026?

Based on GuruFocus' analysis, Surge Digital stock appears to be undervalued. The current stock price of $0.41 is trading 61.5% below its estimated GF Value™ of $1.06. GuruFocus considers Surge Digital to be Possible Value Trap.

Key valuation signals for BBKCD:

  • ROE % Adjusted to Book Value: -46.31%
  • GF Value™: $1.06 vs. price of $0.41 (61.5% below fair value)
  • GF Score™: 46/100 with 5 warning signs

No single metric tells the full story. See the BBKCD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Surge Digital Business Description

Other Exchanges 7111:GermanyBIGG:Canada
Address 1130 West Pender Street, Suite 220, Vancouver, BC, CAN, V6E 4A4
BIGG Digital Assets Inc is engaged in investing in products and companies within the cryptocurrency industry. The company has three operating divisions, which provide blockchain search products to large enterprises with data requirements in the financial and e-commerce sectors globally, and brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety, and immersive metaverse experiences. The company operates three business segments: Netcoins, Blockchain Intelligence Group, and TerraZero.
46GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.41
Price
$1.06
GF Value