Bluelake Mineral AB (NGM:BLUE) ROE % Adjusted to Book Value: -21.21% (As of Mar. 2026)


NGM:BLUE Bluelake Mineral AB NGM:BLUE
30 GF Score
Price kr1.95
! 2 Warning Signs
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What is Bluelake Mineral AB ROE % Adjusted to Book Value?

Bluelake Mineral AB NGM:BLUE -2.70% 30 ROE % Adjusted to Book Value is -21.21% as of Mar. 2026. GuruFocus rates NGM:BLUE with a GF Score™ of 30/100. The stock has 2 warning signs investors should review.

Bluelake Mineral AB's ROE % for the quarter that ended in Mar. 2026 was -82.92%. Bluelake Mineral AB's PB Ratio for the quarter that ended in Mar. 2026 was 3.91. Bluelake Mineral AB's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -21.21%.


Bluelake Mineral AB ROE % Adjusted to Book Value Related Terms


Bluelake Mineral AB ROE % Adjusted to Book Value Historical Data

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The historical data trend for Bluelake Mineral AB'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.

Bluelake Mineral AB ROE % Adjusted to Book Value Chart

Bluelake Mineral AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.76 -5.08 -20.34 -18.56 -26.66

Bluelake Mineral AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 -24.42 -21.13 -26.00 -41.99 -21.21

Bluelake Mineral AB ROE % Adjusted to Book Value Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Bluelake Mineral AB'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.


Bluelake Mineral AB ROE % Adjusted to Book Value vs Metals & Mining Industry

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

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


NGM:BLUE
30GF Score
Bluelake Mineral AB NGM:BLUE
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Bluelake Mineral AB ROE % Adjusted to Book Value Calculation

Bluelake Mineral AB's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-81.30% / 3.05
=-26.66%

Bluelake Mineral AB'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
=-82.92% / 3.91
=-21.21%

* 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 -21.21% mean?
Bluelake Mineral AB (NGM:BLUE) has a ROE % Adjusted to Book Value of -21.21% 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 Bluelake Mineral AB and its competitors.
Is Bluelake Mineral AB's ROE % Adjusted to Book Value too high?
Bluelake Mineral AB's current ROE % Adjusted to Book Value is -21.21%. Overall, Bluelake Mineral AB has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Bluelake Mineral AB's ROE % Adjusted to Book Value compare to competitors?
Bluelake Mineral AB's ROE % Adjusted to Book Value of -21.21% 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 Bluelake Mineral AB and its competitors. Bluelake Mineral AB's current ROE % Adjusted to Book Value is -21.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bluelake Mineral AB stock overvalued right now?
Bluelake Mineral AB (NGM:BLUE) has a current ROE % Adjusted to Book Value of -21.21%. The current ROE % Adjusted to Book Value is -21.21%. Bluelake Mineral AB's overall GF Score™ is 30/100 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 Bluelake Mineral AB (NGM:BLUE), the current ROE % Adjusted to Book Value is -21.21% 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.

Bluelake Mineral AB Business Description

Other Exchanges 5KG0:Germany
Address Brahegatan 29, Stockholm, SWE, 114 37
Bluelake Mineral AB is an independent mining company. It is engaged in mine development of copper and zinc resources as well as the exploration of nickel, gold, and oil. The company also owns the nickel projects Ronnbacken and Orrbacken in Sweden.
30GF Score

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

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