BUKS (Butler National) ROE % Adjusted to Book Value: 8.85% (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
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.

BUKS Butler National Corp BUKS
74 GF Score
Price $4.25
GF Value $1.89
Valuation Significantly Overvalued
View Full Analysis

What is Butler National ROE % Adjusted to Book Value?

Butler National BUKS 74 ROE % Adjusted to Book Value is 8.85% as of Apr. 2026. GuruFocus rates BUKS with a GF Score™ of 74/100 and a GF Value™ of $1.89 (Significantly Overvalued).

Butler National's ROE % for the quarter that ended in Apr. 2026 was 28.07%. Butler National's PB Ratio for the quarter that ended in Apr. 2026 was 3.17. Butler National's ROE % Adjusted to Book Value for the quarter that ended in Apr. 2026 was 8.85%.


Butler National ROE % Adjusted to Book Value Related Terms


Butler National ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Butler National'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.

Butler National ROE % Adjusted to Book Value Chart

Butler National Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.64 9.12 23.54 13.64 9.41

Butler National Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 13.57 13.87 16.09 14.51 8.85

BUKS vs SPCE, MRLN, ISSC: ROE % Adjusted to Book Value Comparison

For the Aerospace & Defense subindustry, Butler National'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.


Butler National ROE % Adjusted to Book Value vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Butler National's ROE % Adjusted to Book Value distribution charts can be found below:

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


BUKS
74GF Score
Butler National Corp BUKS
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Butler National ROE % Adjusted to Book Value Calculation

Butler National's ROE % Adjusted to Book Value for the fiscal year that ended in Apr. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=29.82% / 3.17
=9.41%

Butler National's ROE % Adjusted to Book Value for the quarter that ended in Apr. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=28.07% / 3.17
=8.85%

* 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 8.85% mean?
Butler National (BUKS) has a ROE % Adjusted to Book Value of 8.85% as of Apr. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Butler National and its competitors.
Is Butler National's ROE % Adjusted to Book Value too high?
Butler National's current ROE % Adjusted to Book Value is 8.85%. Overall, Butler National has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Butler National's ROE % Adjusted to Book Value compare to SPCE and MRLN?
Butler National's ROE % Adjusted to Book Value of 8.85% can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good ROE % Adjusted to Book Value depends on the Aerospace & Defense 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 Butler National and its competitors. Butler National's current ROE % Adjusted to Book Value is 8.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Butler National stock overvalued right now?
Based on GuruFocus' analysis, Butler National (BUKS) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.89, compared to a current price of $4.25 — trading 124.9% above its estimated fair value. The current ROE % Adjusted to Book Value is 8.85%. Butler National's overall GF Score™ is 74/100. 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 Butler National (BUKS), the current ROE % Adjusted to Book Value is 8.85% as of Apr. 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 Butler National (BUKS) Overvalued in 2026?

Based on GuruFocus' analysis, Butler National stock appears to be overvalued. The current stock price of $4.25 is trading 124.9% above its estimated GF Value™ of $1.89. GuruFocus considers Butler National to be Significantly Overvalued.

Key valuation signals for BUKS:

  • ROE % Adjusted to Book Value: 8.85%
  • GF Value™: $1.89 vs. price of $4.25 (124.9% above fair value)
  • GF Score™: 74/100

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


Butler National Business Description

Address One Aero Plaza, New Century, KS, USA, 66031
Butler National Corp is involved in the design, engineering, manufacturing, selling, integrating, installing, repairing, modifying, overhauling, servicing, and distributing portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems (Aerospace Products). The group serves the aviation industry, including owners of aircraft and contractors involved with private, commercial, business, and government aircraft operations. It also serves commercial weapon manufacturers and suppliers to governments and their agencies. The company has two operating segments: Professional Services and Aerospace Products. Its main source of revenue comes from the Aerospace Products segment. It operates in North America, Europe, Asia, Australia, and other geographical regions.
74GF Score

Get the complete analysis for BUKS

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

$4.25
Price
$1.89
GF Value