RHCCF (Royal Helium) ROE % Adjusted to Book Value: -60.38% (As of Sep. 2024)

What is Royal Helium ROE % Adjusted to Book Value?

Royal Helium RHCCF ROE % Adjusted to Book Value is -60.38% as of Sep. 2024.

Royal Helium's ROE % for the quarter that ended in Sep. 2024 was -28.38%. Royal Helium's PB Ratio for the quarter that ended in Sep. 2024 was 0.47. Royal Helium's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2024 was -60.38%.

Royal Helium ROE % Adjusted to Book Value Related Terms

Royal Helium ROE % Adjusted to Book Value Historical Data

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The historical data trend for Royal Helium'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.

Royal Helium ROE % Adjusted to Book Value Chart

Royal Helium Annual Data

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Dec23

ROE % Adjusted to Book Value

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0.00

-5.10

-11.43

-8.47

-19.29

Royal Helium Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROE % Adjusted to Book Value	Get a 7-Day Free Trial															-10.59	-37.79	-37.51	-56.44	-60.38

RHCCF vs GRVE, SPOWF, LEEN: ROE % Adjusted to Book Value Comparison

For the Oil & Gas E&P subindustry, Royal Helium'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.

Royal Helium ROE % Adjusted to Book Value vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Royal Helium's ROE % Adjusted to Book Value distribution charts can be found below:

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

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Royal Helium ROE % Adjusted to Book Value Calculation

Royal Helium'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
	=	-22.18%	/	1.15
	=	-19.29%

Royal Helium's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2024 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	-28.38%	/	0.47
	=	-60.38%

Frequently Asked Questions Learn more about ROE % Adjusted to Book Value →

What does a ROE % Adjusted to Book Value of -60.38% mean?

Royal Helium (RHCCF) has a ROE % Adjusted to Book Value of -60.38% as of Sep. 2024. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Royal Helium and its competitors.

Is Royal Helium's ROE % Adjusted to Book Value too high?

Royal Helium's current ROE % Adjusted to Book Value is -60.38%.

How does Royal Helium's ROE % Adjusted to Book Value compare to GRVE and SPOWF?

Royal Helium's ROE % Adjusted to Book Value of -60.38% can be compared against companies in the Oil & Gas 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 an Oil & Gas company?

A good ROE % Adjusted to Book Value depends on the Oil & Gas 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 Royal Helium and its competitors. Royal Helium's current ROE % Adjusted to Book Value is -60.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Royal Helium stock overvalued right now?

Royal Helium (RHCCF) has a current ROE % Adjusted to Book Value of -60.38%. The current ROE % Adjusted to Book Value is -60.38%. 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 Royal Helium (RHCCF), the current ROE % Adjusted to Book Value is -60.38% as of Sep. 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.

Royal Helium Business Description

Industry Energy Oil & Gas

Comparable Companies GRVE SPOWF LEEN FOMI PTCO CRCE MMEX FECOF COP HKSE:00883 TSX:CNQ EOG OXY FANG MIC:NVTK EQT ASX:WDS EXE DVN TSE:1605

Address 224, 4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5

Website https://www.royalheliumltd.com

Royal Helium Ltd is focused on the exploration and development of primary helium production in southern Saskatchewan. Royal is the helium leaseholder in North America. Located next to highways, roads, and cities, and importantly close to existing oil and gas infrastructure, the company's projects were methodically evaluated for helium potential for over two years, and have been vetted by helium experts, professional geologists, and engineers. The company's project includes Saskatchewan Helium Play Elements for Success.