Western Resources (TSX:WRX) ROE % Adjusted to Book Value: -28.69% (As of Jun. 2024)


What is Western Resources ROE % Adjusted to Book Value?

Western Resources TSX:WRX ROE % Adjusted to Book Value is -28.69% as of Jun. 2024.

Western Resources's ROE % for the quarter that ended in Jun. 2024 was -3.73%. Western Resources's PB Ratio for the quarter that ended in Jun. 2024 was 0.13. Western Resources's ROE % Adjusted to Book Value for the quarter that ended in Jun. 2024 was -28.69%.

Western Resources ROE % Adjusted to Book Value Related Terms

Western Resources ROE % Adjusted to Book Value Historical Data

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The historical data trend for Western Resources'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.

Western Resources ROE % Adjusted to Book Value Chart

Western Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.90 -5.10 -14.91 -1.49 3.56

Western Resources Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -2.80 0.00 5.48 -13.00 -28.69

TSX:WRX vs SVBL, BLTH, LBSR: ROE % Adjusted to Book Value Comparison

For the Other Industrial Metals & Mining subindustry, Western Resources'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.

Western Resources ROE % Adjusted to Book Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Western Resources's ROE % Adjusted to Book Value distribution charts can be found below:

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


Western Resources ROE % Adjusted to Book Value Calculation

Western Resources's ROE % Adjusted to Book Value for the fiscal year that ended in Sep. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=1.14% / 0.32
=3.56%

Western Resources's ROE % Adjusted to Book Value for the quarter that ended in Jun. 2024 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-3.73% / 0.13
=-28.69%

* 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 -28.69% mean?
Western Resources (TSX:WRX) has a ROE % Adjusted to Book Value of -28.69% as of Jun. 2024. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Western Resources and its competitors.
Is Western Resources' ROE % Adjusted to Book Value too high?
Western Resources' current ROE % Adjusted to Book Value is -28.69%.
How does Western Resources' ROE % Adjusted to Book Value compare to SVBL and BLTH?
Western Resources' ROE % Adjusted to Book Value of -28.69% can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good ROE % Adjusted to Book Value depends on the Metals & Mining 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 Western Resources and its competitors. Western Resources's current ROE % Adjusted to Book Value is -28.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Resources stock overvalued right now?
Western Resources (TSX:WRX) has a current ROE % Adjusted to Book Value of -28.69%. The current ROE % Adjusted to Book Value is -28.69%. 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 Western Resources (TSX:WRX), the current ROE % Adjusted to Book Value is -28.69% as of Jun. 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.

Western Resources Business Description

Address 666 Burrard Street, Suite 2500, Vancouver, BC, CAN, V6C 2X8
Western Resources Corp is a resource company focused on the development of its potash project in Canada owned by its wholly owned subsidiary, Western Potash Corp, located in Southern Saskatchewan. Its objectives are to complete Phase I of the Milestone Project to prove a new mining technology, which will then be applied to Phases 2 and 3 to develop potash deposits in an environmentally friendly model. The company's two reportable operating segments are the acquisition, exploration, and development of mineral properties and the investment in real estate projects in Canada.