Northern Bear (LSE:NTBR) ROE % Adjusted to Book Value: 15.79% (As of Mar. 2026)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LSE:NTBR Northern Bear PLC LSE:NTBR
49 GF Score
Price £1.13
GF Value £0.90
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Northern Bear ROE % Adjusted to Book Value?

Northern Bear LSE:NTBR +9.76% 49 ROE % Adjusted to Book Value is 15.79% as of Mar. 2026. GuruFocus rates LSE:NTBR with a GF Score™ of 49/100 and a GF Value™ of £0.90 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Northern Bear's ROE % for the quarter that ended in Mar. 2026 was 9.00%. Northern Bear's PB Ratio for the quarter that ended in Mar. 2026 was 0.57. Northern Bear's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 15.79%.


Northern Bear ROE % Adjusted to Book Value Related Terms


Northern Bear ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Northern Bear'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.

Northern Bear ROE % Adjusted to Book Value Chart

Northern Bear Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.16 22.84 18.49 27.08 30.14

Northern Bear Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 8.20 31.77 26.55 47.26 15.79

LSE:NTBR vs TT, JCI, CARR: ROE % Adjusted to Book Value Comparison

For the Building Products & Equipment subindustry, Northern Bear'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.


Northern Bear ROE % Adjusted to Book Value vs Construction Industry

For the Construction industry and Industrials sector, Northern Bear's ROE % Adjusted to Book Value distribution charts can be found below:

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


LSE:NTBR
49GF Score
Northern Bear PLC LSE:NTBR
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northern Bear ROE % Adjusted to Book Value Calculation

Northern Bear'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
=17.18% / 0.57
=30.14%

Northern Bear'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
=9.00% / 0.57
=15.79%

* 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 15.79% mean?
Northern Bear (LSE:NTBR) has a ROE % Adjusted to Book Value of 15.79% 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 Northern Bear and its competitors.
Is Northern Bear's ROE % Adjusted to Book Value too high?
Northern Bear's current ROE % Adjusted to Book Value is 15.79%. Overall, Northern Bear has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Northern Bear's ROE % Adjusted to Book Value compare to TT and JCI?
Northern Bear's ROE % Adjusted to Book Value of 15.79% can be compared against companies in the Construction 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 Construction company?
A good ROE % Adjusted to Book Value depends on the Construction 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 Northern Bear and its competitors. Northern Bear's current ROE % Adjusted to Book Value is 15.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Bear stock overvalued right now?
Based on GuruFocus' analysis, Northern Bear (LSE:NTBR) is currently considered Modestly Overvalued. The stock's GF Value™ is £0.90, compared to a current price of £1.13 — trading 25% above its estimated fair value. The current ROE % Adjusted to Book Value is 15.79%. Northern Bear's overall GF Score™ is 49/100 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 Northern Bear (LSE:NTBR), the current ROE % Adjusted to Book Value is 15.79% 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 Northern Bear (LSE:NTBR) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Bear stock appears to be overvalued. The current stock price of £1.13 is trading 25% above its estimated GF Value™ of £0.90. GuruFocus considers Northern Bear to be Modestly Overvalued.

Key valuation signals for LSE:NTBR:

  • ROE % Adjusted to Book Value: 15.79%
  • GF Value™: £0.90 vs. price of £1.13 (25% above fair value)
  • GF Score™: 49/100 with 2 warning signs

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


Northern Bear Business Description

Address A1 Grainger, Prestwick Park, Prestwick, Newcastle upon Tyne, GBR, NE20 9SJ
Northern Bear PLC is a specialist building service provider serving the support services sector. Its operating segments include Roofing activities - companies providing a comprehensive range of roofing services including slang, felting, refurbishment, and maintenance for domestic, commercial, and public sector properties; Materials handling activities - supply, service, and maintenance of forklift trucks and warehouse equipment on hire and for sale; Specialist building services activities - aggregation of other specialist building services companies providing services including building maintenance, electrical contracting, and sound insulation and Corporate and other activities - the provision of head office activity and consolidation items. It generates revenues mainly from the UK.
49GF Score

Get the complete analysis for LSE:NTBR

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£1.13
Price
£0.90
GF Value