Largo (LGO) ROE % Adjusted to Book Value: -24.45% (As of Mar. 2026)


LGO Largo Inc LGO
58 GF Score
Price $0.64
GF Value $1.17
Valuation Possible Value Trap
! 6 Warning Signs
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What is Largo ROE % Adjusted to Book Value?

Largo LGO -5.09% 58 ROE % Adjusted to Book Value is -24.45% as of Mar. 2026. GuruFocus rates LGO with a GF Score™ of 58/100 and a GF Value™ of $1.17 (Possible Value Trap). The stock has 6 warning signs investors should review.

Largo's ROE % for the quarter that ended in Mar. 2026 was -18.09%. Largo's PB Ratio for the quarter that ended in Mar. 2026 was 0.74. Largo's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -24.45%.

Largo ROE % Adjusted to Book Value Related Terms

Largo ROE % Adjusted to Book Value Historical Data

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The historical data trend for Largo'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.

Largo ROE % Adjusted to Book Value Chart

Largo Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.89 -0.42 -19.68 -35.97 -77.37

Largo 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 -34.75 -27.18 -134.68 -88.42 -24.45

Largo ROE % Adjusted to Book Value Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Largo'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.

Largo ROE % Adjusted to Book Value vs Metals & Mining Industry

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

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


LGO
58GF Score
Largo Inc LGO
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Largo ROE % Adjusted to Book Value Calculation

Largo'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
=-46.42% / 0.60
=-77.37%

Largo'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
=-18.09% / 0.74
=-24.45%

* 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 -24.45% mean?
Largo (LGO) has a ROE % Adjusted to Book Value of -24.45% 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 Largo and its competitors.
Is Largo's ROE % Adjusted to Book Value too high?
Largo's current ROE % Adjusted to Book Value is -24.45%. Overall, Largo has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Largo's ROE % Adjusted to Book Value compare to competitors?
Largo's ROE % Adjusted to Book Value of -24.45% 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 Largo and its competitors. Largo's current ROE % Adjusted to Book Value is -24.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Largo stock overvalued right now?
Based on GuruFocus' analysis, Largo (LGO) is currently considered Possible Value Trap. The stock's GF Value™ is $1.17, compared to a current price of $0.64 — trading 45.3% below its estimated fair value. The current ROE % Adjusted to Book Value is -24.45%. Largo's overall GF Score™ is 58/100 with 6 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 Largo (LGO), the current ROE % Adjusted to Book Value is -24.45% 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 Largo (LGO) Overvalued in 2026?

Based on GuruFocus' analysis, Largo stock appears to be undervalued. The current stock price of $0.64 is trading 45.3% below its estimated GF Value™ of $1.17. GuruFocus considers Largo to be Possible Value Trap.

Key valuation signals for LGO:

  • ROE % Adjusted to Book Value: -24.45%
  • GF Value™: $1.17 vs. price of $0.64 (45.3% below fair value)
  • GF Score™: 58/100 with 6 warning signs

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

Largo Business Description

Other Exchanges LR8:GermanyLGO:Canada
Address 100 King Street West, Suite 1600, First Canadian Place, Toronto, ON, CAN, M5X 1G5
Largo Inc is committed to the production and supply of high-quality vanadium products. The company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology. The Company is engaged in the mining, exploration, and development of mineral properties, predominantly in Brazil, through which it produces and supplies vanadium products VPURE Flake, VPURE+ Flake, and VPURE+ Powder. The company has operating segments: sales & trading, mine properties, which generates key revenue, corporate, exploration and evaluation properties, Clean Energy, and Largo Physical Vanadium.
58GF 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.

$0.64
Price
$1.17
GF Value