Cerrado Gold (TSXV:CERT) ROE % Adjusted to Book Value: 35.37% (As of Mar. 2026)


TSXV:CERT Cerrado Gold Inc TSXV:CERT
37 GF Score
Price C$1.61
GF Value C$0.79
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Cerrado Gold ROE % Adjusted to Book Value?

Cerrado Gold TSXV:CERT -1.83% 37 ROE % Adjusted to Book Value is 35.37% as of Mar. 2026. GuruFocus rates TSXV:CERT with a GF Score™ of 37/100 and a GF Value™ of C$0.79 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Cerrado Gold's ROE % for the quarter that ended in Mar. 2026 was 91.96%. Cerrado Gold's PB Ratio for the quarter that ended in Mar. 2026 was 2.60. Cerrado Gold's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 35.37%.

Cerrado Gold ROE % Adjusted to Book Value Related Terms

Cerrado Gold ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Cerrado Gold'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.

Cerrado Gold ROE % Adjusted to Book Value Chart

Cerrado Gold Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
-7.48 -11.24 -11.40 123.42 -12.09

Cerrado Gold 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 -46.22 8.41 -32.97 -12.88 35.37

TSXV:CERT vs NEM, AU: ROE % Adjusted to Book Value Comparison

For the Gold subindustry, Cerrado Gold'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.

Cerrado Gold ROE % Adjusted to Book Value vs Metals & Mining Industry

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

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


TSXV:CERT
37GF Score
Cerrado Gold Inc TSXV:CERT
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cerrado Gold ROE % Adjusted to Book Value Calculation

Cerrado Gold'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
=-39.78% / 3.29
=-12.09%

Cerrado Gold'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
=91.96% / 2.60
=35.37%

* 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 35.37% mean?
Cerrado Gold (TSXV:CERT) has a ROE % Adjusted to Book Value of 35.37% 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 Cerrado Gold and its competitors.
Is Cerrado Gold's ROE % Adjusted to Book Value too high?
Cerrado Gold's current ROE % Adjusted to Book Value is 35.37%. Overall, Cerrado Gold has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cerrado Gold's ROE % Adjusted to Book Value compare to NEM and AU?
Cerrado Gold's ROE % Adjusted to Book Value of 35.37% 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 Cerrado Gold and its competitors. Cerrado Gold's current ROE % Adjusted to Book Value is 35.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cerrado Gold stock overvalued right now?
Based on GuruFocus' analysis, Cerrado Gold (TSXV:CERT) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.79, compared to a current price of C$1.61 — trading 103.8% above its estimated fair value. The current ROE % Adjusted to Book Value is 35.37%. Cerrado Gold's overall GF Score™ is 37/100 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 Cerrado Gold (TSXV:CERT), the current ROE % Adjusted to Book Value is 35.37% 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 Cerrado Gold (TSXV:CERT) Overvalued in 2026?

Based on GuruFocus' analysis, Cerrado Gold stock appears to be overvalued. The current stock price of C$1.61 is trading 103.8% above its estimated GF Value™ of C$0.79. GuruFocus considers Cerrado Gold to be Significantly Overvalued.

Key valuation signals for TSXV:CERT:

  • ROE % Adjusted to Book Value: 35.37%
  • GF Value™: C$0.79 vs. price of C$1.61 (103.8% above fair value)
  • GF Score™: 37/100 with 1 warning sign

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

Cerrado Gold Business Description

Other Exchanges CRDOF:USABAI0:Germany
Address 110 Yonge Street, Suite 501, Toronto, ON, CAN, M5C 1T4
Cerrado Gold Inc is a mining, minerals production, and exploration company focused on precious metals in Brazil and Argentina. The Company is mainly focused on its producing Don Nicolas gold and silver mine in Argentina, with an emphasis on increasing gold equivalent production and optimizing mine operations. It is also engaged in evaluating exploration and mineral resource opportunities. Its projects include the Mont Sorcier Iron project, the Monte do Carmo (MDC) Gold Project in Brazil, and a vanadium project in Roy Township, Quebec, east of the Town of Chibougamau, among others.
37GF Score

Get the complete analysis for TSXV:CERT

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

C$1.61
Price
C$0.79
GF Value