NVL (Novelis) ROE % Adjusted to Book Value: 0.00% (As of Mar. 2024)


What is Novelis ROE % Adjusted to Book Value?

Novelis NVL ROE % Adjusted to Book Value is 0.00% as of Mar. 2024.

Novelis's ROE % for the quarter that ended in Mar. 2024 was 17.31%. Novelis's PB Ratio for the quarter that ended in Mar. 2024 was N/A. Novelis's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 was N/A.

Novelis ROE % Adjusted to Book Value Related Terms

Novelis ROE % Adjusted to Book Value Historical Data

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The historical data trend for Novelis'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.

Novelis ROE % Adjusted to Book Value Chart

Novelis Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar23 Mar24
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Novelis Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.00 0.00 0.00 0.00 0.00

NVL vs : ROE % Adjusted to Book Value Comparison

For the Aluminum subindustry, Novelis'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.

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

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

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


Novelis ROE % Adjusted to Book Value Calculation

Novelis's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2024 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=16.57% / N/A
=N/A

Novelis's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=17.31% / N/A
=N/A

* 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 0.00% mean?
Novelis (NVL) has a ROE % Adjusted to Book Value of 0.00% as of Mar. 2024. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Novelis and its competitors.
Is Novelis' ROE % Adjusted to Book Value too high?
Novelis' current ROE % Adjusted to Book Value is 0.00%.
How does Novelis' ROE % Adjusted to Book Value compare to ?
Novelis' ROE % Adjusted to Book Value of 0.00% 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 Novelis and its competitors. Novelis's current ROE % Adjusted to Book Value is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novelis stock overvalued right now?
Novelis (NVL) has a current ROE % Adjusted to Book Value of 0.00%. The current ROE % Adjusted to Book Value is 0.00%. 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 Novelis (NVL), the current ROE % Adjusted to Book Value is 0.00% as of Mar. 2024. 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.

Novelis Business Description

Comparable Companies
Address 3560 Lenox Road, Suite 2000, Atlanta, GA, USA, 30326
Novelis Inc is aluminum rolled product producer, with operations on four continents. It acquires and recycles aluminum and processes it into semifinished coils in various tempers, gauges, and widths. Company has four geographical segment North America, Europe, Asia, and South America. Each segment manufactures aluminum sheet and light gauge products and recycles aluminum, while Asia and Europe segments also produce aerospace and industries.