Canlan Ice Sports (TSX:ICE) ROE % Adjusted to Book Value: 35.43% (As of Mar. 2026)

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TSX:ICE Canlan Ice Sports Corp TSX:ICE
72 GF Score
Price C$4.36
GF Value C$4.59
Valuation Fairly Valued
! 4 Warning Signs
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What is Canlan Ice Sports ROE % Adjusted to Book Value?

Canlan Ice Sports TSX:ICE 72 ROE % Adjusted to Book Value is 35.43% as of Mar. 2026. GuruFocus rates TSX:ICE with a GF Score™ of 72/100 and a GF Value™ of C$4.59 (Fairly Valued). The stock has 4 warning signs investors should review.

Canlan Ice Sports's ROE % for the quarter that ended in Mar. 2026 was 47.48%. Canlan Ice Sports's PB Ratio for the quarter that ended in Mar. 2026 was 1.34. Canlan Ice Sports's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 35.43%.


Canlan Ice Sports ROE % Adjusted to Book Value Related Terms


Canlan Ice Sports ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Canlan Ice Sports'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.

Canlan Ice Sports ROE % Adjusted to Book Value Chart

Canlan Ice Sports Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.38 9.79 0.78 5.35 5.91

Canlan Ice Sports 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 33.47 -1.15 -17.67 15.51 35.43

TSX:ICE vs AS, HAS, LTH: ROE % Adjusted to Book Value Comparison

For the Leisure subindustry, Canlan Ice Sports'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.


Canlan Ice Sports ROE % Adjusted to Book Value vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Canlan Ice Sports's ROE % Adjusted to Book Value distribution charts can be found below:

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


TSX:ICE
72GF Score
Canlan Ice Sports Corp TSX:ICE
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canlan Ice Sports ROE % Adjusted to Book Value Calculation

Canlan Ice Sports'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
=9.10% / 1.54
=5.91%

Canlan Ice Sports'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
=47.48% / 1.34
=35.43%

* 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 35.43% mean?
Canlan Ice Sports (TSX:ICE) has a ROE % Adjusted to Book Value of 35.43% 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 Canlan Ice Sports and its competitors.
Is Canlan Ice Sports' ROE % Adjusted to Book Value too high?
Canlan Ice Sports' current ROE % Adjusted to Book Value is 35.43%. Overall, Canlan Ice Sports has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canlan Ice Sports' ROE % Adjusted to Book Value compare to AS and HAS?
Canlan Ice Sports' ROE % Adjusted to Book Value of 35.43% can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good ROE % Adjusted to Book Value depends on the Travel & Leisure 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 Canlan Ice Sports and its competitors. Canlan Ice Sports's current ROE % Adjusted to Book Value is 35.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canlan Ice Sports stock overvalued right now?
Based on GuruFocus' analysis, Canlan Ice Sports (TSX:ICE) is currently considered Fairly Valued. The stock's GF Value™ is C$4.59, compared to a current price of C$4.36 — trading 5% below its estimated fair value. The current ROE % Adjusted to Book Value is 35.43%. Canlan Ice Sports' overall GF Score™ is 72/100 with 4 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 Canlan Ice Sports (TSX:ICE), the current ROE % Adjusted to Book Value is 35.43% 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.

Is Canlan Ice Sports (TSX:ICE) Overvalued in 2026?

Based on GuruFocus' analysis, Canlan Ice Sports stock appears to be undervalued. The current stock price of C$4.36 is trading 5% below its estimated GF Value™ of C$4.59. GuruFocus considers Canlan Ice Sports to be Fairly Valued.

Key valuation signals for TSX:ICE:

  • ROE % Adjusted to Book Value: 35.43%
  • GF Value™: C$4.59 vs. price of C$4.36 (5% below fair value)
  • GF Score™: 72/100 with 4 warning signs

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


Canlan Ice Sports Business Description

Other Exchanges QV5:Germany
Address 6501 Sprott Street, Burnaby, BC, CAN, V6B 3B8
Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America. The company has a single operating segment, which is an Ice rink and recreational facilities, that derives revenue from food and beverage, sports stores, sponsorship, Others, space rental, management, and consulting fees. Geographically, it generates the majority of its revenue from Canada.
72GF Score

Get the complete analysis for TSX:ICE

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

C$4.36
Price
C$4.59
GF Value