FUNFF (Fansunite Entertainment) ROE % Adjusted to Book Value: -22.94% (As of Jun. 2024)


What is Fansunite Entertainment ROE % Adjusted to Book Value?

Fansunite Entertainment FUNFF +14.29% ROE % Adjusted to Book Value is -22.94% as of Jun. 2024.

Fansunite Entertainment's ROE % for the quarter that ended in Jun. 2024 was -18.58%. Fansunite Entertainment's PB Ratio for the quarter that ended in Jun. 2024 was 0.81. Fansunite Entertainment's ROE % Adjusted to Book Value for the quarter that ended in Jun. 2024 was -22.94%.

Fansunite Entertainment ROE % Adjusted to Book Value Related Terms

Fansunite Entertainment ROE % Adjusted to Book Value Historical Data

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The historical data trend for Fansunite Entertainment'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.

Fansunite Entertainment ROE % Adjusted to Book Value Chart

Fansunite Entertainment Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE % Adjusted to Book Value
Get a 7-Day Free Trial 0.00 -24.84 -31.49 -202.76 -70.72

Fansunite Entertainment Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -10.46 -128.46 -75.80 -95.73 -22.94

FUNFF vs LUXH, NNAX, FLUT: ROE % Adjusted to Book Value Comparison

For the Gambling subindustry, Fansunite Entertainment'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.

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

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

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


Fansunite Entertainment ROE % Adjusted to Book Value Calculation

Fansunite Entertainment's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-45.97% / 0.65
=-70.72%

Fansunite Entertainment's ROE % Adjusted to Book Value for the quarter that ended in Jun. 2024 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-18.58% / 0.81
=-22.94%

* 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 -22.94% mean?
Fansunite Entertainment (FUNFF) has a ROE % Adjusted to Book Value of -22.94% as of Jun. 2024. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Fansunite Entertainment and its competitors.
Is Fansunite Entertainment's ROE % Adjusted to Book Value too high?
Fansunite Entertainment's current ROE % Adjusted to Book Value is -22.94%.
How does Fansunite Entertainment's ROE % Adjusted to Book Value compare to LUXH and NNAX?
Fansunite Entertainment's ROE % Adjusted to Book Value of -22.94% 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 Fansunite Entertainment and its competitors. Fansunite Entertainment's current ROE % Adjusted to Book Value is -22.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fansunite Entertainment stock overvalued right now?
Fansunite Entertainment (FUNFF) has a current ROE % Adjusted to Book Value of -22.94%. The current ROE % Adjusted to Book Value is -22.94%. 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 Fansunite Entertainment (FUNFF), the current ROE % Adjusted to Book Value is -22.94% as of Jun. 2024. 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.

Fansunite Entertainment Business Description

Address 1133 Melville Street, Suite 2700, Vancouver, BC, CAN, V6E 4T8
Fansunite Entertainment Inc is a sports and entertainment company that focuses on services related to regulated and lawful online sports betting, casino, and other related products. Also, the company provides technology solutions and services in the gaming and entertainment industries.