NSRPF (Novo Resources) ROE % Adjusted to Book Value: -8.12% (As of Mar. 2026)


What is Novo Resources ROE % Adjusted to Book Value?

Novo Resources NSRPF -3.92% ROE % Adjusted to Book Value is -8.12% as of Mar. 2026. The stock has 3 warning signs investors should review.

Novo Resources's ROE % for the quarter that ended in Mar. 2026 was -5.60%. Novo Resources's PB Ratio for the quarter that ended in Mar. 2026 was 0.69. Novo Resources's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -8.12%.

Novo Resources ROE % Adjusted to Book Value Related Terms

Novo Resources ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Novo Resources'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.

Novo Resources ROE % Adjusted to Book Value Chart

Novo Resources Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.32 -103.67 -147.63 -67.65 -35.22

Novo Resources 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 -18.10 -45.07 -46.44 -74.71 -8.12

NSRPF vs NEM, AU: ROE % Adjusted to Book Value Comparison

For the Gold subindustry, Novo Resources'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.

Novo Resources ROE % Adjusted to Book Value vs Metals & Mining Industry

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

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


Novo Resources ROE % Adjusted to Book Value Calculation

Novo Resources'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
=-39.45% / 1.12
=-35.22%

Novo Resources'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
=-5.60% / 0.69
=-8.12%

* 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 -8.12% mean?
Novo Resources (NSRPF) has a ROE % Adjusted to Book Value of -8.12% 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 Novo Resources and its competitors.
Is Novo Resources' ROE % Adjusted to Book Value too high?
Novo Resources' current ROE % Adjusted to Book Value is -8.12%.
How does Novo Resources' ROE % Adjusted to Book Value compare to NEM and AU?
Novo Resources' ROE % Adjusted to Book Value of -8.12% 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 Novo Resources and its competitors. Novo Resources's current ROE % Adjusted to Book Value is -8.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novo Resources stock overvalued right now?
Novo Resources (NSRPF) has a current ROE % Adjusted to Book Value of -8.12%. The current ROE % Adjusted to Book Value is -8.12%. 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 Novo Resources (NSRPF), the current ROE % Adjusted to Book Value is -8.12% 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.

Novo Resources Business Description

Other Exchanges NVO:CanadaNVO:Australia
Address 46 Ventnor Avenue, Level 3, West Perth, Perth, WA, AUS, 6005
Novo Resources Corp is a company engaged in the business of evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold and copper. The organization has business interests in properties located in Australia, Canada, and the USA. Its projects include Egina Gold Camp, Toolunga, Belltopper, Tibooburra Gold Proiect, and others. The company operates in single segment Exploration Operations.