Loblaw (TSX:L) ROE % Adjusted to Book Value: 3.20% (As of Mar. 2026)


TSX:L Loblaw Companies Ltd TSX:L
91 GF Score
Price C$65.93
GF Value C$50.30
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Loblaw ROE % Adjusted to Book Value?

Loblaw TSX:L -0.24% 91 ROE % Adjusted to Book Value is 3.20% as of Mar. 2026. GuruFocus rates TSX:L with a GF Score™ of 91/100 and a GF Value™ of C$50.30 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Loblaw's ROE % for the quarter that ended in Mar. 2026 was 21.66%. Loblaw's PB Ratio for the quarter that ended in Mar. 2026 was 6.77. Loblaw's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 3.20%.

Loblaw ROE % Adjusted to Book Value Related Terms

Loblaw ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Loblaw'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.

Loblaw ROE % Adjusted to Book Value Chart

Loblaw 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 5.45 4.81 5.23 3.75 3.66

Loblaw 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 3.32 4.28 5.07 3.55 3.20

TSX:L vs KR, SFM, ACI: ROE % Adjusted to Book Value Comparison

For the Grocery Stores subindustry, Loblaw'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.

Loblaw ROE % Adjusted to Book Value vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Loblaw's ROE % Adjusted to Book Value distribution charts can be found below:

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


TSX:L
91GF Score
Loblaw Companies Ltd TSX:L
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Loblaw ROE % Adjusted to Book Value Calculation

Loblaw'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
=24.12% / 6.59
=3.66%

Loblaw'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
=21.66% / 6.77
=3.20%

* 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 3.20% mean?
Loblaw (TSX:L) has a ROE % Adjusted to Book Value of 3.20% 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 Loblaw and its competitors.
Is Loblaw's ROE % Adjusted to Book Value too high?
Loblaw's current ROE % Adjusted to Book Value is 3.20%. Overall, Loblaw has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Loblaw's ROE % Adjusted to Book Value compare to KR and SFM?
Loblaw's ROE % Adjusted to Book Value of 3.20% can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good ROE % Adjusted to Book Value depends on the Retail - Defensive 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 Loblaw and its competitors. Loblaw's current ROE % Adjusted to Book Value is 3.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Loblaw stock overvalued right now?
Based on GuruFocus' analysis, Loblaw (TSX:L) is currently considered Significantly Overvalued. The stock's GF Value™ is C$50.30, compared to a current price of C$65.93 — trading 31.1% above its estimated fair value. The current ROE % Adjusted to Book Value is 3.20%. Loblaw's overall GF Score™ is 91/100 with 5 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 Loblaw (TSX:L), the current ROE % Adjusted to Book Value is 3.20% 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 Loblaw (TSX:L) Overvalued in 2026?

Based on GuruFocus' analysis, Loblaw stock appears to be overvalued. The current stock price of C$65.93 is trading 31.1% above its estimated GF Value™ of C$50.30. GuruFocus considers Loblaw to be Significantly Overvalued.

Key valuation signals for TSX:L:

  • ROE % Adjusted to Book Value: 3.20%
  • GF Value™: C$50.30 vs. price of C$65.93 (31.1% above fair value)
  • GF Score™: 91/100 with 5 warning signs

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

Loblaw Business Description

Address 1 President’s Choice Circle, Brampton, ON, CAN, L6Y 5S5
Loblaw is Canada's largest retailer, operating approximately 2,500 food retail and pharmacy stores across the country. Its main grocery banners include Loblaw, No Frills, and Maxi, and its pharmacy stores are mostly under the Shoppers Drug Mart banner, which it acquired in 2014. In addition to brand-name offerings, Loblaw offers private-label products under the President's Choice and No Name brands. Beyond retail, Loblaw runs the PC Optimum loyalty program, but announced plans to sell its financial services arm including credit cards and insurance brokerage to EQB in December 2025. George Weston is Loblaw's controlling shareholder with a 53% stake.
91GF Score

Get the complete analysis for TSX:L

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

C$65.93
Price
C$50.30
GF Value