Commerce Split (TSX:YCM) ROE % Adjusted to Book Value: 268.94% (As of May. 2024)


TSX:YCM Commerce Split Corp TSX:YCM
10 GF Score
Price C$10.80
View Full Analysis

What is Commerce Split ROE % Adjusted to Book Value?

Commerce Split TSX:YCM 10 ROE % Adjusted to Book Value is 268.94% as of May. 2024. GuruFocus rates TSX:YCM with a GF Score™ of 10/100.

Commerce Split's ROE % for the quarter that ended in May. 2024 was 252.80%. Commerce Split's PB Ratio for the quarter that ended in May. 2024 was 0.94. Commerce Split's ROE % Adjusted to Book Value for the quarter that ended in May. 2024 was 268.94%.

Commerce Split ROE % Adjusted to Book Value Related Terms

Commerce Split ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Commerce Split'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.

Commerce Split ROE % Adjusted to Book Value Chart

Commerce Split Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.28 -10.55 103.71 -36.31 -62.07

Commerce Split Semi-Annual Data
Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
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 -7.28 -67.93 -79.96 54.90 268.94

TSX:YCM vs BLK, BX, KKR: ROE % Adjusted to Book Value Comparison

For the Asset Management subindustry, Commerce Split'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.

Commerce Split ROE % Adjusted to Book Value vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Commerce Split's ROE % Adjusted to Book Value distribution charts can be found below:

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


TSX:YCM
10GF Score
Commerce Split Corp TSX:YCM
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Commerce Split ROE % Adjusted to Book Value Calculation

Commerce Split's ROE % Adjusted to Book Value for the fiscal year that ended in Nov. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-72.00% / 1.16
=-62.07%

Commerce Split's ROE % Adjusted to Book Value for the quarter that ended in May. 2024 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=252.80% / 0.94
=268.94%

* 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 268.94% mean?
Commerce Split (TSX:YCM) has a ROE % Adjusted to Book Value of 268.94% as of May. 2024. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Commerce Split and its competitors.
Is Commerce Split's ROE % Adjusted to Book Value too high?
Commerce Split's current ROE % Adjusted to Book Value is 268.94%. Overall, Commerce Split has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Commerce Split's ROE % Adjusted to Book Value compare to BLK and BX?
Commerce Split's ROE % Adjusted to Book Value of 268.94% can be compared against companies in the Asset Management 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 Asset Management company?
A good ROE % Adjusted to Book Value depends on the Asset Management 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 Commerce Split and its competitors. Commerce Split's current ROE % Adjusted to Book Value is 268.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Commerce Split stock overvalued right now?
Commerce Split (TSX:YCM) has a current ROE % Adjusted to Book Value of 268.94%. The current ROE % Adjusted to Book Value is 268.94%. Commerce Split's overall GF Score™ is 10/100. 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 Commerce Split (TSX:YCM), the current ROE % Adjusted to Book Value is 268.94% as of May. 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.

Commerce Split Business Description

Address 200 Front Street West, Suite 2510, Royal Trust Tower, Toronto, ON, CAN, M5V 3K2
Commerce Split Corp is a mutual fund company. It invests in common shares of the Canadian Imperial Bank of Commerce. The corporation offers three types of shares, a Capital share, a Class I Preferred, and a Class II Preferred.
10GF Score

Get the complete analysis for TSX:YCM

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

C$10.80
Price