Grems (GRMZF) ROE % Adjusted to Book Value: 9.38% (As of Mar. 2026)

Grems GRMZF +63.19% 93 ROE % Adjusted to Book Value is 9.38% as of Mar. 2026. GuruFocus rates GRMZF with a GF Score™ of 93/100 and a GF Value™ of $19.82 (Fairly Valued). The stock has 2 warning signs investors should review.

Grems's ROE % for the quarter that ended in Mar. 2026 was 19.88%. Grems's PB Ratio for the quarter that ended in Mar. 2026 was 2.12. Grems's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 9.38%.

Grems ROE % Adjusted to Book Value Related Terms

Grems ROE % Adjusted to Book Value Historical Data

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The historical data trend for Grems'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.

Grems ROE % Adjusted to Book Value Chart

Grems Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROE % Adjusted to Book Value

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4.32

7.50

9.72

13.05

12.51

Grems 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															11.45	12.94	13.88	14.13	9.38

GRMZF vs NEE, SO, DUK: ROE % Adjusted to Book Value Comparison

For the Utilities - Regulated Electric subindustry, Grems'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.

Grems ROE % Adjusted to Book Value vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Grems's ROE % Adjusted to Book Value distribution charts can be found below:

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

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93GF Score

Grems Inc GRMZF

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Grems ROE % Adjusted to Book Value Calculation

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

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	26.53%	/	2.12
	=	12.51%

Grems'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
	=	19.88%	/	2.12
	=	9.38%

Frequently Asked Questions Learn more about ROE % Adjusted to Book Value →

What does a ROE % Adjusted to Book Value of 9.38% mean?

Grems (GRMZF) has a ROE % Adjusted to Book Value of 9.38% 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 Grems and its competitors.

Is Grems' ROE % Adjusted to Book Value too high?

Grems' current ROE % Adjusted to Book Value is 9.38%. Overall, Grems has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Grems' ROE % Adjusted to Book Value compare to NEE and SO?

Grems' ROE % Adjusted to Book Value of 9.38% can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?

A good ROE % Adjusted to Book Value depends on the Utilities - Regulated 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 Grems and its competitors. Grems's current ROE % Adjusted to Book Value is 9.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Grems stock overvalued right now?

Based on GuruFocus' analysis, Grems (GRMZF) is currently considered Fairly Valued. The stock's GF Value™ is $19.82, compared to a current price of $18.44 — trading 7% below its estimated fair value. The current ROE % Adjusted to Book Value is 9.38%. Grems' overall GF Score™ is 93/100 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 Grems (GRMZF), the current ROE % Adjusted to Book Value is 9.38% 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 Grems (GRMZF) Overvalued in 2026?

Based on GuruFocus' analysis, Grems stock appears to be undervalued. The current stock price of $18.44 is trading 7% below its estimated GF Value™ of $19.82. GuruFocus considers Grems to be Fairly Valued.

Key valuation signals for GRMZF:

ROE % Adjusted to Book Value: 9.38%
GF Value™: $19.82 vs. price of $18.44 (7% below fair value)
GF Score™: 93/100 with 2 warning signs

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

Grems Business Description

Industry Utilities Utilities - Regulated

Comparable Companies TSE:3825 TSE:9505 NEE SO DUK LSE:NG.AEP D ETR XEL EXC XMAD:ELE PEG ED WEC PCG BOM:532555 AEE DTE XPRA:CEZ

Other Exchanges 3150:Japan

Address 2-2-4 Higashi-Shinagawa, Tennoz First Tower, 19th Floor, Shinagawa-Ku, Tokyo, JPN, 140-0002

Website https://www.grems.co.jp

Grems Inc is engaged in providing consulting services to help businesses reduce their electric power consumption through its subsidiary. Its segments are Energy Cost Solutions Business; Smart House Project Business; and Retail Electricity Business, which derives maximum revenue.

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$18.44

Price

$19.82

GF Value

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