Tharisa (LSE:THS) ROE % Adjusted to Book Value: 21.39% (As of Mar. 2026)


LSE:THS Tharisa PLC LSE:THS
73 GF Score
Price £1.14
GF Value £0.83
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Tharisa ROE % Adjusted to Book Value?

Tharisa LSE:THS +0.88% 73 ROE % Adjusted to Book Value is 21.39% as of Mar. 2026. GuruFocus rates LSE:THS with a GF Score™ of 73/100 and a GF Value™ of £0.83 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Tharisa's ROE % for the quarter that ended in Mar. 2026 was 11.55%. Tharisa's PB Ratio for the quarter that ended in Mar. 2026 was 0.54. Tharisa's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 21.39%.


Tharisa ROE % Adjusted to Book Value Related Terms


Tharisa ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Tharisa'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.

Tharisa ROE % Adjusted to Book Value Chart

Tharisa Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.27 51.97 30.48 28.60 19.90

Tharisa 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 35.24 30.33 6.18 36.31 21.39

LSE:THS vs HL, SIND: ROE % Adjusted to Book Value Comparison

For the Other Precious Metals & Mining subindustry, Tharisa'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.


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

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

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


LSE:THS
73GF Score
Tharisa PLC LSE:THS
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Tharisa ROE % Adjusted to Book Value Calculation

Tharisa's ROE % Adjusted to Book Value for the fiscal year that ended in Sep. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=10.35% / 0.52
=19.90%

Tharisa'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
=11.55% / 0.54
=21.39%

* 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 21.39% mean?
Tharisa (LSE:THS) has a ROE % Adjusted to Book Value of 21.39% 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 Tharisa and its competitors.
Is Tharisa's ROE % Adjusted to Book Value too high?
Tharisa's current ROE % Adjusted to Book Value is 21.39%. Overall, Tharisa has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tharisa's ROE % Adjusted to Book Value compare to HL and SIND?
Tharisa's ROE % Adjusted to Book Value of 21.39% 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 Tharisa and its competitors. Tharisa's current ROE % Adjusted to Book Value is 21.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tharisa stock overvalued right now?
Based on GuruFocus' analysis, Tharisa (LSE:THS) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.83, compared to a current price of £1.14 — trading 37.3% above its estimated fair value. The current ROE % Adjusted to Book Value is 21.39%. Tharisa's overall GF Score™ is 73/100 with 7 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 Tharisa (LSE:THS), the current ROE % Adjusted to Book Value is 21.39% 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 Tharisa (LSE:THS) Overvalued in 2026?

Based on GuruFocus' analysis, Tharisa stock appears to be overvalued. The current stock price of £1.14 is trading 37.3% above its estimated GF Value™ of £0.83. GuruFocus considers Tharisa to be Significantly Overvalued.

Key valuation signals for LSE:THS:

  • ROE % Adjusted to Book Value: 21.39%
  • GF Value™: £0.83 vs. price of £1.14 (37.3% above fair value)
  • GF Score™: 73/100 with 7 warning signs

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


Tharisa Business Description

Address 17 Neophytou Nicolaides and Kilkis Street, Offices 108-110, Sofoklis Pittokopitis Business Centre, Paphos, CYP, 8011
Tharisa PLC is an investment holding company. The company, along with its subsidiaries, is engaged in the exploitation of metals and minerals, principally PGMs and chrome and associated sales and logistics operations. It incorporates mining, processing, exploration, and the beneficiation, marketing, sales, and logistics of PGMs and chrome concentrates, using innovation and technology as enablers. The company operates through the following four segments: PGM segment, Chrome segment, Agency and trading segment, and Manufacturing segment. The majority of the revenue is derived from the Chrome segment. Geographically, it generates the maximum revenue from South Africa.
73GF Score

Get the complete analysis for LSE:THS

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

£1.14
Price
£0.83
GF Value