Meikles (LSE:MIK) ROE % Adjusted to Book Value: 2,744.75% (As of Feb. 2024)


LSE:MIK Meikles Ltd LSE:MIK
17 GF Score
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What is Meikles ROE % Adjusted to Book Value?

Meikles LSE:MIK 17 ROE % Adjusted to Book Value is 2,744.75% as of Feb. 2024. GuruFocus rates LSE:MIK with a GF Score™ of 17/100.

Meikles's ROE % for the quarter that ended in Feb. 2024 was 109.79%. Meikles's PB Ratio for the quarter that ended in Feb. 2024 was 0.04. Meikles's ROE % Adjusted to Book Value for the quarter that ended in Feb. 2024 was 2,744.75%.

Meikles ROE % Adjusted to Book Value Related Terms

Meikles ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Meikles'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.

Meikles ROE % Adjusted to Book Value Chart

Meikles Annual Data
Trend Dec08 Dec09 Mar11 Mar12 Mar19 Mar20 Mar21 Mar22 Feb24
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only 0.07 15.35 1.56 15.71 1,627.00

Meikles Semi-Annual Data
Dec08 Dec09 Mar11 Mar12 Sep12 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Aug23 Feb24
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 13.15 13.53 7.17 34.90 2,744.75

LSE:MIK vs DDS, M: ROE % Adjusted to Book Value Comparison

For the Department Stores subindustry, Meikles'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.

Meikles ROE % Adjusted to Book Value vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Meikles's ROE % Adjusted to Book Value distribution charts can be found below:

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


LSE:MIK
17GF Score
Meikles Ltd LSE:MIK
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Meikles ROE % Adjusted to Book Value Calculation

Meikles's ROE % Adjusted to Book Value for the fiscal year that ended in Feb. 2024 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=65.08% / 0.04
=1,627.00%

Meikles's ROE % Adjusted to Book Value for the quarter that ended in Feb. 2024 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=109.79% / 0.04
=2,744.75%

* 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 2,744.75% mean?
Meikles (LSE:MIK) has a ROE % Adjusted to Book Value of 2,744.75% as of Feb. 2024. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Meikles and its competitors.
Is Meikles' ROE % Adjusted to Book Value too high?
Meikles' current ROE % Adjusted to Book Value is 2,744.75%. Overall, Meikles has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Meikles' ROE % Adjusted to Book Value compare to DDS and M?
Meikles' ROE % Adjusted to Book Value of 2,744.75% can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good ROE % Adjusted to Book Value depends on the Retail - Cyclical 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 Meikles and its competitors. Meikles's current ROE % Adjusted to Book Value is 2,744.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meikles stock overvalued right now?
Meikles (LSE:MIK) has a current ROE % Adjusted to Book Value of 2,744.75%. The current ROE % Adjusted to Book Value is 2,744.75%. Meikles' overall GF Score™ is 17/100. 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 Meikles (LSE:MIK), the current ROE % Adjusted to Book Value is 2,744.75% as of Feb. 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.

Meikles Business Description

Address 4 Steppes Road, Highlands, Harare, ZWE
Meikles Ltd is a Zimbabwe-based investment holding company with diversified segments. Its Supermarkets segment operates a chain of stores offering groceries, fresh produce, and household goods, generating the majority of the revenue in Zimbabwe. The Hotels segment provides accommodation, food and beverage services, event hosting, and leisure facilities. The Properties segment develops, leases, and manages commercial properties. The Security Services segment provides on-site personnel to corporate and residential clients, while the Corporate segment oversees administration and strategic planning. Operations are divided between Zimbabwe and non-Zimbabwe, with the majority of revenue coming from Zimbabwe.
17GF Score

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