Innovotech (TSXV:IOT) ROE % Adjusted to Book Value: -17.38% (As of Mar. 2026)


What is Innovotech ROE % Adjusted to Book Value?

Innovotech TSXV:IOT -16.67% ROE % Adjusted to Book Value is -17.38% as of Mar. 2026. The stock has 4 warning signs investors should review.

Innovotech's ROE % for the quarter that ended in Mar. 2026 was -47.10%. Innovotech's PB Ratio for the quarter that ended in Mar. 2026 was 2.71. Innovotech's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -17.38%.

Innovotech ROE % Adjusted to Book Value Related Terms

Innovotech ROE % Adjusted to Book Value Historical Data

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The historical data trend for Innovotech'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.

Innovotech ROE % Adjusted to Book Value Chart

Innovotech 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 6.36 -2.45 -5.08 3.72 0.76

Innovotech 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 3.79 -6.73 3.91 5.46 -17.38

TSXV:IOT vs VRTX, REGN, ALNY: ROE % Adjusted to Book Value Comparison

For the Biotechnology subindustry, Innovotech'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.

Innovotech ROE % Adjusted to Book Value vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Innovotech's ROE % Adjusted to Book Value distribution charts can be found below:

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


Innovotech ROE % Adjusted to Book Value Calculation

Innovotech'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
=3.05% / 4.02
=0.76%

Innovotech'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
=-47.10% / 2.71
=-17.38%

* 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 -17.38% mean?
Innovotech (TSXV:IOT) has a ROE % Adjusted to Book Value of -17.38% 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 Innovotech and its competitors.
Is Innovotech's ROE % Adjusted to Book Value too high?
Innovotech's current ROE % Adjusted to Book Value is -17.38%.
How does Innovotech's ROE % Adjusted to Book Value compare to VRTX and REGN?
Innovotech's ROE % Adjusted to Book Value of -17.38% can be compared against companies in the Biotechnology 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 Biotechnology company?
A good ROE % Adjusted to Book Value depends on the Biotechnology 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 Innovotech and its competitors. Innovotech's current ROE % Adjusted to Book Value is -17.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovotech stock overvalued right now?
Based on GuruFocus' analysis, Innovotech (TSXV:IOT) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.27, compared to a current price of C$0.08 — trading 72.2% below its estimated fair value. The current ROE % Adjusted to Book Value is -17.38%. 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 Innovotech (TSXV:IOT), the current ROE % Adjusted to Book Value is -17.38% 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.

Innovotech Business Description

Address 2011 - 94 Street, Suite C203, Edmonton, AB, CAN, T6N 1H1
Innovotech Inc is a Canada-based company that provides solutions to clients' biofilm problems through its biofilm contract research department. The core activities of the company are sales of its products, conducting contract research for outside customers, and research and development to identify products for future commercialization. The operating segments of the company include Innovotech and Keystone. Geographically, the firm has a business presence in the United States, Canada, and International, with the majority of the revenue derived from the United States.