Kings Entertainment Group (FRA:L12) ROE % Adjusted to Book Value: -131.38% (As of Sep. 2023)


What is Kings Entertainment Group ROE % Adjusted to Book Value?

Kings Entertainment Group FRA:L12 ROE % Adjusted to Book Value is -131.38% as of Sep. 2023.

Kings Entertainment Group's ROE % for the quarter that ended in Sep. 2023 was -55.18%. Kings Entertainment Group's PB Ratio for the quarter that ended in Sep. 2023 was 0.42. Kings Entertainment Group's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2023 was -131.38%.

Kings Entertainment Group ROE % Adjusted to Book Value Related Terms

Kings Entertainment Group ROE % Adjusted to Book Value Historical Data

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The historical data trend for Kings Entertainment Group'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.

Kings Entertainment Group ROE % Adjusted to Book Value Chart

Kings Entertainment Group Annual Data
Trend Dec20 Dec21 Dec22
ROE % Adjusted to Book Value
0.00 0.00 -23.99

Kings Entertainment Group Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -18.53 -49.77 24.29 -41.97 -131.38

FRA:L12 vs DKNG, CHDN, LNW: ROE % Adjusted to Book Value Comparison

For the Gambling subindustry, Kings Entertainment Group'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.

Kings Entertainment Group ROE % Adjusted to Book Value vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kings Entertainment Group's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Kings Entertainment Group's ROE % Adjusted to Book Value falls into.


Kings Entertainment Group ROE % Adjusted to Book Value Calculation

Kings Entertainment Group's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2022 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-174.39% / 7.27
=-23.99%

Kings Entertainment Group's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-55.18% / 0.42
=-131.38%

* 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 -131.38% mean?
Kings Entertainment Group (FRA:L12) has a ROE % Adjusted to Book Value of -131.38% as of Sep. 2023. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Kings Entertainment Group and its competitors.
Is Kings Entertainment Group's ROE % Adjusted to Book Value too high?
Kings Entertainment Group's current ROE % Adjusted to Book Value is -131.38%.
How does Kings Entertainment Group's ROE % Adjusted to Book Value compare to DKNG and CHDN?
Kings Entertainment Group's ROE % Adjusted to Book Value of -131.38% can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good ROE % Adjusted to Book Value depends on the Travel & Leisure 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 Kings Entertainment Group and its competitors. Kings Entertainment Group's current ROE % Adjusted to Book Value is -131.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kings Entertainment Group stock overvalued right now?
Kings Entertainment Group (FRA:L12) has a current ROE % Adjusted to Book Value of -131.38%. The current ROE % Adjusted to Book Value is -131.38%. 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 Kings Entertainment Group (FRA:L12), the current ROE % Adjusted to Book Value is -131.38% as of Sep. 2023. 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.

Kings Entertainment Group Business Description

Address 1060 - 1055 West Georgia Street, Vancouver, BC, CAN, V6E 2E9
Kings Entertainment Group Inc is a business-to-consumer service provider that allows users to participate in lotteries and casino-style online games throughout the world. The company operates through multiple established brands and websites, which include www.wintrillions.com, www.trillionaire.com, and www.LottoKings.com. In addition to the lottery services, it offers a connected experience that enables users to play and switch with ease between scratch cards and casino games. The company has only one reportable segment, which is lottery procurement and online casino, and scratchcard. Geographically, it derives revenue from Mexico, Brazil, other Latin American countries, and other regions.