MJNE (MJ Holdings) ROE % Adjusted to Book Value: 290.91% (As of Sep. 2023)


What is MJ Holdings ROE % Adjusted to Book Value?

MJ Holdings MJNE ROE % Adjusted to Book Value is 290.91% as of Sep. 2023.

MJ Holdings's ROE % for the quarter that ended in Sep. 2023 was 224.00%. MJ Holdings's PB Ratio for the quarter that ended in Sep. 2023 was 0.77. MJ Holdings's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2023 was 290.91%.

MJ Holdings ROE % Adjusted to Book Value Related Terms

MJ Holdings ROE % Adjusted to Book Value Historical Data

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The historical data trend for MJ Holdings'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.

MJ Holdings ROE % Adjusted to Book Value Chart

MJ Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.44 -37.15 0.00 52.43 -13.03

MJ Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -50.52 -28.62 0.00 626.90 290.91

MJNE vs CPHI, KGKG, MNKTQ: ROE % Adjusted to Book Value Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, MJ Holdings'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.

MJ Holdings ROE % Adjusted to Book Value vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, MJ Holdings's ROE % Adjusted to Book Value distribution charts can be found below:

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


MJ Holdings ROE % Adjusted to Book Value Calculation

MJ Holdings's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2022 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-246.45% / 18.92
=-13.03%

MJ Holdings's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=224.00% / 0.77
=290.91%

* 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 290.91% mean?
MJ Holdings (MJNE) has a ROE % Adjusted to Book Value of 290.91% as of Sep. 2023. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on MJ Holdings and its competitors.
Is MJ Holdings' ROE % Adjusted to Book Value too high?
MJ Holdings' current ROE % Adjusted to Book Value is 290.91%.
How does MJ Holdings' ROE % Adjusted to Book Value compare to CPHI and KGKG?
MJ Holdings' ROE % Adjusted to Book Value of 290.91% can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good ROE % Adjusted to Book Value depends on the Drug Manufacturers 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 MJ Holdings and its competitors. MJ Holdings's current ROE % Adjusted to Book Value is 290.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MJ Holdings stock overvalued right now?
MJ Holdings (MJNE) has a current ROE % Adjusted to Book Value of 290.91%. The current ROE % Adjusted to Book Value is 290.91%. 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 MJ Holdings (MJNE), the current ROE % Adjusted to Book Value is 290.91% as of Sep. 2023. 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.

MJ Holdings Business Description

Address 5730 Sky Pointe Dr., Suite 102, Las Vegas, NV, USA, 89130
MJ Holdings Inc engages in the provision of consulting and operating services to the regulated cannabis industry. It provides a full spectrum of infrastructure, cultivation management, production management, distribution consulting, and operating services to cultivation and production operators.