CanAsia Energy (TSXV:CEC) ROE % Adjusted to Book Value: -22.38% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:CEC CanAsia Energy Corp TSXV:CEC
32 GF Score
Price C$0.28
! 1 Warning Sign
View Full Analysis

What is CanAsia Energy ROE % Adjusted to Book Value?

CanAsia Energy TSXV:CEC 32 ROE % Adjusted to Book Value is -22.38% as of Mar. 2026. GuruFocus rates TSXV:CEC with a GF Score™ of 32/100. The stock has 1 warning sign investors should review.

CanAsia Energy's ROE % for the quarter that ended in Mar. 2026 was -55.95%. CanAsia Energy's PB Ratio for the quarter that ended in Mar. 2026 was 2.50. CanAsia Energy's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -22.38%.


CanAsia Energy ROE % Adjusted to Book Value Related Terms


CanAsia Energy ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for CanAsia Energy'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.

CanAsia Energy ROE % Adjusted to Book Value Chart

CanAsia Energy Annual Data
Trend Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
-6.63 -19.49 15.65 -30.11

CanAsia Energy Quarterly Data
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 -29.17 -40.05 -26.74 -31.88 -22.38

TSXV:CEC vs COP, EOG, FANG: ROE % Adjusted to Book Value Comparison

For the Oil & Gas E&P subindustry, CanAsia Energy'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.


CanAsia Energy ROE % Adjusted to Book Value vs Oil & Gas Industry

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

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


TSXV:CEC
32GF Score
CanAsia Energy Corp TSXV:CEC
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CanAsia Energy ROE % Adjusted to Book Value Calculation

CanAsia Energy'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
=-45.76% / 1.52
=-30.11%

CanAsia Energy'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
=-55.95% / 2.50
=-22.38%

* 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 -22.38% mean?
CanAsia Energy (TSXV:CEC) has a ROE % Adjusted to Book Value of -22.38% 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 CanAsia Energy and its competitors.
Is CanAsia Energy's ROE % Adjusted to Book Value too high?
CanAsia Energy's current ROE % Adjusted to Book Value is -22.38%. Overall, CanAsia Energy has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does CanAsia Energy's ROE % Adjusted to Book Value compare to COP and EOG?
CanAsia Energy's ROE % Adjusted to Book Value of -22.38% 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 CanAsia Energy and its competitors. CanAsia Energy's current ROE % Adjusted to Book Value is -22.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CanAsia Energy stock overvalued right now?
CanAsia Energy (TSXV:CEC) has a current ROE % Adjusted to Book Value of -22.38%. The current ROE % Adjusted to Book Value is -22.38%. CanAsia Energy's overall GF Score™ is 32/100 with 1 warning sign 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 CanAsia Energy (TSXV:CEC), the current ROE % Adjusted to Book Value is -22.38% 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.

CanAsia Energy Business Description

Industry EnergyOil & Gas
Other Exchanges CECAF:USA
Address 3rd Street SW, Unit 1505, 505, Calgary, AB, CAN, T2P 3E6
CanAsia Energy Corp is engaged in the exploration for, and the acquisition, development and production of, crude oil and natural gas reserves. The company has interest in Sawn Lake, Alberta.
32GF Score

Get the complete analysis for TSXV:CEC

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

C$0.28
Price