CodeLab Capital AS (OSL:CODE) ROE % Adjusted to Book Value: -60.18% (As of Dec. 2025)


OSL:CODE CodeLab Capital AS OSL:CODE
55 GF Score
Price kr4.17
GF Value kr2.29
Valuation Significantly Overvalued
! 6 Warning Signs
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What is CodeLab Capital AS ROE % Adjusted to Book Value?

CodeLab Capital AS OSL:CODE +29.91% 55 ROE % Adjusted to Book Value is -60.18% as of Dec. 2025. GuruFocus rates OSL:CODE with a GF Score™ of 55/100 and a GF Value™ of kr2.29 (Significantly Overvalued). The stock has 6 warning signs investors should review.

CodeLab Capital AS's ROE % for the quarter that ended in Dec. 2025 was -69.81%. CodeLab Capital AS's PB Ratio for the quarter that ended in Dec. 2025 was 1.16. CodeLab Capital AS's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was -60.18%.


CodeLab Capital AS ROE % Adjusted to Book Value Related Terms


CodeLab Capital AS ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for CodeLab Capital AS'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.

CodeLab Capital AS ROE % Adjusted to Book Value Chart

CodeLab Capital AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial -11.42 -44.90 11.08 -201.25 -55.11

CodeLab Capital AS Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -71.57 -71.75 -359.48 -39.99 -60.18

OSL:CODE vs VEEV, BTSG, TEM: ROE % Adjusted to Book Value Comparison

For the Health Information Services subindustry, CodeLab Capital AS'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.


CodeLab Capital AS ROE % Adjusted to Book Value vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, CodeLab Capital AS's ROE % Adjusted to Book Value distribution charts can be found below:

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


OSL:CODE
55GF Score
CodeLab Capital AS OSL:CODE
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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CodeLab Capital AS ROE % Adjusted to Book Value Calculation

CodeLab Capital AS'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
=-63.93% / 1.16
=-55.11%

CodeLab Capital AS's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-69.81% / 1.16
=-60.18%

* 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 -60.18% mean?
CodeLab Capital AS (OSL:CODE) has a ROE % Adjusted to Book Value of -60.18% as of Dec. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on CodeLab Capital AS and its competitors.
Is CodeLab Capital AS's ROE % Adjusted to Book Value too high?
CodeLab Capital AS's current ROE % Adjusted to Book Value is -60.18%. Overall, CodeLab Capital AS has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CodeLab Capital AS's ROE % Adjusted to Book Value compare to VEEV and BTSG?
CodeLab Capital AS's ROE % Adjusted to Book Value of -60.18% can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good ROE % Adjusted to Book Value depends on the Healthcare Providers & Services 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 CodeLab Capital AS and its competitors. CodeLab Capital AS's current ROE % Adjusted to Book Value is -60.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CodeLab Capital AS stock overvalued right now?
Based on GuruFocus' analysis, CodeLab Capital AS (OSL:CODE) is currently considered Significantly Overvalued. The stock's GF Value™ is kr2.29, compared to a current price of kr4.17 — trading 82.1% above its estimated fair value. The current ROE % Adjusted to Book Value is -60.18%. CodeLab Capital AS's overall GF Score™ is 55/100 with 6 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 CodeLab Capital AS (OSL:CODE), the current ROE % Adjusted to Book Value is -60.18% as of Dec. 2025. 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.

Is CodeLab Capital AS (OSL:CODE) Overvalued in 2026?

Based on GuruFocus' analysis, CodeLab Capital AS stock appears to be overvalued. The current stock price of kr4.17 is trading 82.1% above its estimated GF Value™ of kr2.29. GuruFocus considers CodeLab Capital AS to be Significantly Overvalued.

Key valuation signals for OSL:CODE:

  • ROE % Adjusted to Book Value: -60.18%
  • GF Value™: kr2.29 vs. price of kr4.17 (82.1% above fair value)
  • GF Score™: 55/100 with 6 warning signs

No single metric tells the full story. See the OSL:CODE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CodeLab Capital AS Business Description

Other Exchanges P990:Germany
Address C/o Azets Document Solutions AS, Dm520023, Postboks 1570 Torgarden, Trondheim, NOR, 7435
CodeLab Capital AS builds and invests in next-generation technology. Its primary objective is to invest in other companies and contribute with capital, network, and operations. CodeLab Capital AS is a holding company that, through its subsidiary, is engaged in making software development tools for the broader B2B market.
55GF 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.

kr4.17
Price
kr2.29
GF Value