CMCL (Caledonia Mining) ROE % Adjusted to Book Value: 14.93% (As of Mar. 2026)


CMCL Caledonia Mining Corp PLC CMCL
91 GF Score
Price $19.69
GF Value $20.86
Valuation Fairly Valued
! 5 Warning Signs
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What is Caledonia Mining ROE % Adjusted to Book Value?

Caledonia Mining CMCL +1.03% 91 ROE % Adjusted to Book Value is 14.93% as of Mar. 2026. GuruFocus rates CMCL with a GF Score™ of 91/100 and a GF Value™ of $20.86 (Fairly Valued). The stock has 5 warning signs investors should review.

Caledonia Mining's ROE % for the quarter that ended in Mar. 2026 was 23.89%. Caledonia Mining's PB Ratio for the quarter that ended in Mar. 2026 was 1.60. Caledonia Mining's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 14.93%.

Caledonia Mining ROE % Adjusted to Book Value Related Terms

Caledonia Mining ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Caledonia Mining'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.

Caledonia Mining ROE % Adjusted to Book Value Chart

Caledonia Mining Annual Data
Trend Dec16 Dec17 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 12.56 7.14 -3.98 10.04 11.97

Caledonia Mining 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 15.07 22.91 8.88 8.59 14.93

CMCL vs VGZ, IDR, CTGO: ROE % Adjusted to Book Value Comparison

For the Gold subindustry, Caledonia Mining'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.

Caledonia Mining ROE % Adjusted to Book Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Caledonia Mining's ROE % Adjusted to Book Value distribution charts can be found below:

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


CMCL
91GF Score
Caledonia Mining Corp PLC CMCL
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Caledonia Mining ROE % Adjusted to Book Value Calculation

Caledonia Mining'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
=23.35% / 1.95
=11.97%

Caledonia Mining'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
=23.89% / 1.60
=14.93%

* 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 14.93% mean?
Caledonia Mining (CMCL) has a ROE % Adjusted to Book Value of 14.93% 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 Caledonia Mining and its competitors.
Is Caledonia Mining's ROE % Adjusted to Book Value too high?
Caledonia Mining's current ROE % Adjusted to Book Value is 14.93%. Overall, Caledonia Mining has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Caledonia Mining's ROE % Adjusted to Book Value compare to VGZ and IDR?
Caledonia Mining's ROE % Adjusted to Book Value of 14.93% can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good ROE % Adjusted to Book Value depends on the Metals & Mining 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 Caledonia Mining and its competitors. Caledonia Mining's current ROE % Adjusted to Book Value is 14.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caledonia Mining stock overvalued right now?
Based on GuruFocus' analysis, Caledonia Mining (CMCL) is currently considered Fairly Valued. The stock's GF Value™ is $20.86, compared to a current price of $19.69 — trading 5.6% below its estimated fair value. The current ROE % Adjusted to Book Value is 14.93%. Caledonia Mining's overall GF Score™ is 91/100 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 Caledonia Mining (CMCL), the current ROE % Adjusted to Book Value is 14.93% 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 Caledonia Mining (CMCL) Overvalued in 2026?

Based on GuruFocus' analysis, Caledonia Mining stock appears to be undervalued. The current stock price of $19.69 is trading 5.6% below its estimated GF Value™ of $20.86. GuruFocus considers Caledonia Mining to be Fairly Valued.

Key valuation signals for CMCL:

  • ROE % Adjusted to Book Value: 14.93%
  • GF Value™: $20.86 vs. price of $19.69 (5.6% below fair value)
  • GF Score™: 91/100 with 5 warning signs

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

Caledonia Mining Business Description

Other Exchanges CMCL:UK9CD1:Germany
Address 2 Mulcaster Street, 2nd Floor, Saint Helier, JEY, JE2 3NJ
Caledonia Mining Corp PLC is a gold exploration, development, and mining company. The company's segment includes Blanket, South Africa, Bilboes Oxide mine, and E&E projects. The company generates the majority of its revenue from the Blanket project. The Blanket Mine is located in the south-west of Zimbabwe and operates at a depth of approximately 750 meters below the surface. Its project includes Maligreen and Motapa.
91GF Score

Get the complete analysis for CMCL

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

$19.69
Price
$20.86
GF Value