HRFEF (Harfang Exploration) ROE % Adjusted to Book Value: -62.84% (As of Apr. 2026)


What is Harfang Exploration ROE % Adjusted to Book Value?

Harfang Exploration HRFEF ROE % Adjusted to Book Value is -62.84% as of Apr. 2026. The stock has 2 warning signs investors should review.

Harfang Exploration's ROE % for the quarter that ended in Apr. 2026 was -27.02%. Harfang Exploration's PB Ratio for the quarter that ended in Apr. 2026 was 0.43. Harfang Exploration's ROE % Adjusted to Book Value for the quarter that ended in Apr. 2026 was -62.84%.

Harfang Exploration ROE % Adjusted to Book Value Related Terms

Harfang Exploration ROE % Adjusted to Book Value Historical Data

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The historical data trend for Harfang Exploration'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.

Harfang Exploration ROE % Adjusted to Book Value Chart

Harfang Exploration Annual Data
Trend Oct16 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.12 -32.24 -25.21 -32.02 -28.85

Harfang Exploration Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -59.29 -56.82 -4.07 -17.97 -62.84

Harfang Exploration ROE % Adjusted to Book Value Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Harfang Exploration'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.

Harfang Exploration ROE % Adjusted to Book Value vs Metals & Mining Industry

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

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


Harfang Exploration ROE % Adjusted to Book Value Calculation

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

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-17.89% / 0.62
=-28.85%

Harfang Exploration's ROE % Adjusted to Book Value for the quarter that ended in Apr. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-27.02% / 0.43
=-62.84%

* 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 -62.84% mean?
Harfang Exploration (HRFEF) has a ROE % Adjusted to Book Value of -62.84% as of Apr. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Harfang Exploration and its competitors.
Is Harfang Exploration's ROE % Adjusted to Book Value too high?
Harfang Exploration's current ROE % Adjusted to Book Value is -62.84%.
How does Harfang Exploration's ROE % Adjusted to Book Value compare to competitors?
Harfang Exploration's ROE % Adjusted to Book Value of -62.84% 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 Harfang Exploration and its competitors. Harfang Exploration's current ROE % Adjusted to Book Value is -62.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harfang Exploration stock overvalued right now?
Harfang Exploration (HRFEF) has a current ROE % Adjusted to Book Value of -62.84%. The current ROE % Adjusted to Book Value is -62.84%. 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 Harfang Exploration (HRFEF), the current ROE % Adjusted to Book Value is -62.84% as of Apr. 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.

Harfang Exploration Business Description

Other Exchanges HAR:Canada
Address 1100 Avenue des Canadiens-de-Montreal, Suite 300, Montreal, QC, CAN, H3B 2S2
Harfang Exploration Inc is an exploration and evaluation stage company, is in the business of acquiring and exploring mineral properties in Canada. Its focus is currently on the exploration and evaluation of its mineral properties in the James Bay area in the Province of Quebec for gold and lithium and in northern Ontario for gold.