Novus Acquisition & Development (Novus Acquisition & Development) ROE % Adjusted to Book Value : 7.25% (As of Sep. 2023)

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What is Novus Acquisition & Development ROE % Adjusted to Book Value?

Novus Acquisition & Development's ROE % for the quarter that ended in Sep. 2023 was 9.06%. Novus Acquisition & Development's PB Ratio for the quarter that ended in Sep. 2023 was 1.25. Novus Acquisition & Development's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2023 was 7.25%.

Novus Acquisition & Development ROE % Adjusted to Book Value Historical Data

The historical data trend for Novus Acquisition & Development'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.

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Novus Acquisition & Development ROE % Adjusted to Book Value Chart

Novus Acquisition & Development Annual Data

Trend

ROE % Adjusted to Book Value

Novus Acquisition & Development Quarterly Data
	Sep22	Sep23
ROE % Adjusted to Book Value	-	7.25

Competitive Comparison of Novus Acquisition & Development's ROE % Adjusted to Book Value

For the Insurance - Diversified subindustry, Novus Acquisition & Development'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.

Novus Acquisition & Development's ROE % Adjusted to Book Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Novus Acquisition & Development's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Novus Acquisition & Development's ROE % Adjusted to Book Value falls into.

Novus Acquisition & Development ROE % Adjusted to Book Value Calculation

Novus Acquisition & Development's ROE % Adjusted to Book Value for the fiscal year that ended in . 20 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	0.00%	/	N/A
	=	N/A

Novus Acquisition & Development'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
	=	9.06%	/	1.25
	=	7.25%

Novus Acquisition & Development ROE % Adjusted to Book Value Related Terms

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Novus Acquisition & Development (Novus Acquisition & Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Novus Acquisition & Development Corp (OTCPK:NDEV) » Definitions » ROE % Adjusted to Book Value

Comparable Companies

Traded in Other Exchanges

N/A

Address

2665 South Bayshore Drive, Suite 220, Miami, FL, USA, 33131

Website

https://www.getnovusnow.com

Novus Acquisition & Development Corp is a holding company operating through its subsidiaries. It offers health, life, and annuity insurance products and services. The company initiated its health insurance business model within the medical marijuana space, where it can render risk and non-risk insurance models. It operates throughout the United States.