Cline Scientific AB (OSTO:CLINE B) ROE % Adjusted to Book Value: 4.40% (As of Dec. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSTO:CLINE B Cline Scientific AB OSTO:CLINE B
4 GF Score
Price kr0.07
View Full Analysis

What is Cline Scientific AB ROE % Adjusted to Book Value?

Cline Scientific AB OSTO:CLINE B 4 ROE % Adjusted to Book Value is 4.40% as of Dec. 2023. GuruFocus rates OSTO:CLINE B with a GF Score™ of 4/100.

Cline Scientific AB's ROE % for the quarter that ended in Dec. 2023 was 2.55%. Cline Scientific AB's PB Ratio for the quarter that ended in Dec. 2023 was 0.58. Cline Scientific AB's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2023 was 4.40%.


Cline Scientific AB ROE % Adjusted to Book Value Related Terms


Cline Scientific AB ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Cline Scientific 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.

Cline Scientific AB ROE % Adjusted to Book Value Chart

Cline Scientific AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only -6.79 -6.57 -12.14 -12.76 -28.90

Cline Scientific AB Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -0.83 -21.53 2.68 -94.82 4.40

OSTO:CLINE B vs VRTX, REGN, SGEN: ROE % Adjusted to Book Value Comparison

For the Biotechnology subindustry, Cline Scientific 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.


Cline Scientific AB ROE % Adjusted to Book Value vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Cline Scientific AB's ROE % Adjusted to Book Value distribution charts can be found below:

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


OSTO:CLINE B
4GF Score
Cline Scientific AB OSTO:CLINE B
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cline Scientific AB ROE % Adjusted to Book Value Calculation

Cline Scientific AB's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-16.76% / 0.58
=-28.90%

Cline Scientific AB's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=2.55% / 0.58
=4.40%

* 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 4.40% mean?
Cline Scientific AB (OSTO:CLINE B) has a ROE % Adjusted to Book Value of 4.40% as of Dec. 2023. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Cline Scientific AB and its competitors.
Is Cline Scientific AB's ROE % Adjusted to Book Value too high?
Cline Scientific AB's current ROE % Adjusted to Book Value is 4.40%. Overall, Cline Scientific AB has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Cline Scientific AB's ROE % Adjusted to Book Value compare to VRTX and REGN?
Cline Scientific AB's ROE % Adjusted to Book Value of 4.40% can be compared against companies in the Biotechnology 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 Biotechnology company?
A good ROE % Adjusted to Book Value depends on the Biotechnology 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 Cline Scientific AB and its competitors. Cline Scientific AB's current ROE % Adjusted to Book Value is 4.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cline Scientific AB stock overvalued right now?
Cline Scientific AB (OSTO:CLINE B) has a current ROE % Adjusted to Book Value of 4.40%. The current ROE % Adjusted to Book Value is 4.40%. Cline Scientific AB's overall GF Score™ is 4/100. 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 Cline Scientific AB (OSTO:CLINE B), the current ROE % Adjusted to Book Value is 4.40% as of Dec. 2023. 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.

Cline Scientific AB Business Description

Address Vastra Gotalands Lan, 2C Argongatan, Molndal, SWE, 43153
Cline Scientific AB develops and markets products for biomedical research based on proprietary nanotechnology. Its products include unique surfaces for use in stem cell & cancer research and customized nanoparticles for use in biomedical applications.
4GF Score

Get the complete analysis for OSTO:CLINE B

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

kr0.07
Price