Royal Gold (FRA:RG3) ROE % Adjusted to Book Value: 5.34% (As of Mar. 2026)


FRA:RG3 Royal Gold Inc FRA:RG3
91 GF Score
Price €178.80
GF Value €237.63
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Royal Gold ROE % Adjusted to Book Value?

Royal Gold FRA:RG3 +2.17% 91 ROE % Adjusted to Book Value is 5.34% as of Mar. 2026. GuruFocus rates FRA:RG3 with a GF Score™ of 91/100 and a GF Value™ of €237.63 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Royal Gold's ROE % for the quarter that ended in Mar. 2026 was 15.53%. Royal Gold's PB Ratio for the quarter that ended in Mar. 2026 was 2.91. Royal Gold's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 5.34%.


Royal Gold ROE % Adjusted to Book Value Related Terms


Royal Gold ROE % Adjusted to Book Value Historical Data

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The historical data trend for Royal Gold'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.

Royal Gold ROE % Adjusted to Book Value Chart

Royal Gold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.04 3.64 3.05 4.00 3.29

Royal Gold 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 4.22 4.54 3.88 2.67 5.34

FRA:RG3 vs CDE, AUGO, SA: ROE % Adjusted to Book Value Comparison

For the Gold subindustry, Royal Gold'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.


Royal Gold ROE % Adjusted to Book Value vs Metals & Mining Industry

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

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


FRA:RG3
91GF Score
Royal Gold Inc FRA:RG3
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Royal Gold ROE % Adjusted to Book Value Calculation

Royal Gold'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
=8.76% / 2.66
=3.29%

Royal Gold'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
=15.53% / 2.91
=5.34%

* 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 5.34% mean?
Royal Gold (FRA:RG3) has a ROE % Adjusted to Book Value of 5.34% 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 Royal Gold and its competitors.
Is Royal Gold's ROE % Adjusted to Book Value too high?
Royal Gold's current ROE % Adjusted to Book Value is 5.34%. Overall, Royal Gold has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Royal Gold's ROE % Adjusted to Book Value compare to CDE and AUGO?
Royal Gold's ROE % Adjusted to Book Value of 5.34% 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 Royal Gold and its competitors. Royal Gold's current ROE % Adjusted to Book Value is 5.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Gold stock overvalued right now?
Based on GuruFocus' analysis, Royal Gold (FRA:RG3) is currently considered Modestly Undervalued. The stock's GF Value™ is €237.63, compared to a current price of €178.80 — trading 24.8% below its estimated fair value. The current ROE % Adjusted to Book Value is 5.34%. Royal Gold's overall GF Score™ is 91/100 with 2 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 Royal Gold (FRA:RG3), the current ROE % Adjusted to Book Value is 5.34% 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 Royal Gold (FRA:RG3) Overvalued in 2026?

Based on GuruFocus' analysis, Royal Gold stock appears to be undervalued. The current stock price of €178.80 is trading 24.8% below its estimated GF Value™ of €237.63. GuruFocus considers Royal Gold to be Modestly Undervalued.

Key valuation signals for FRA:RG3:

  • ROE % Adjusted to Book Value: 5.34%
  • GF Value™: €237.63 vs. price of €178.80 (24.8% below fair value)
  • GF Score™: 91/100 with 2 warning signs

No single metric tells the full story. See the FRA:RG3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Royal Gold Business Description

Address 1144 15th Street, Suite 2500, Denver, CO, USA, 80202
Royal Gold Inc enquires and manages precious metal royalties and streams with a focus on gold. The company purchases a percentage of the metal produced from a mineral property for an initial payment without assuming responsibility for mining operations. Similarly, precious metal streams are purchase agreements with mine operators providing the right to purchase all or a portion of one or more metals produced from a mine in exchange for an upfront deposit payment. Generally, Royal Gold does not work on the properties in which it holds royalty and streaming assets. The company owns a portfolio of producing, development, evaluation, and exploration royalties and streams, and the majority of group revenue is generated from Canada, Mexico, Chile, and the United States.
91GF 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.

€178.80
Price
€237.63
GF Value