VELXQ (Canadian Overseas Petroleum) ROE % Adjusted to Book Value: -113.53% (As of Sep. 2023)


What is Canadian Overseas Petroleum ROE % Adjusted to Book Value?

Canadian Overseas Petroleum VELXQ -99.67% ROE % Adjusted to Book Value is -113.53% as of Sep. 2023.

Canadian Overseas Petroleum's ROE % for the quarter that ended in Sep. 2023 was -180.52%. Canadian Overseas Petroleum's PB Ratio for the quarter that ended in Sep. 2023 was 1.59. Canadian Overseas Petroleum's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2023 was -113.53%.

Canadian Overseas Petroleum ROE % Adjusted to Book Value Related Terms

Canadian Overseas Petroleum ROE % Adjusted to Book Value Historical Data

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The historical data trend for Canadian Overseas Petroleum'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.

Canadian Overseas Petroleum ROE % Adjusted to Book Value Chart

Canadian Overseas Petroleum Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.60 0.00 0.00 -67.81 -35.76

Canadian Overseas Petroleum Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -4.67 -84.63 168.61 -58.64 -113.53

VELXQ vs COP, EOG, PXD: ROE % Adjusted to Book Value Comparison

For the Oil & Gas E&P subindustry, Canadian Overseas Petroleum'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.

Canadian Overseas Petroleum ROE % Adjusted to Book Value vs Oil & Gas Industry

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

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


Canadian Overseas Petroleum ROE % Adjusted to Book Value Calculation

Canadian Overseas Petroleum's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2022 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-192.37% / 5.38
=-35.76%

Canadian Overseas Petroleum's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-180.52% / 1.59
=-113.53%

* 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 -113.53% mean?
Canadian Overseas Petroleum (VELXQ) has a ROE % Adjusted to Book Value of -113.53% as of Sep. 2023. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Canadian Overseas Petroleum and its competitors.
Is Canadian Overseas Petroleum's ROE % Adjusted to Book Value too high?
Canadian Overseas Petroleum's current ROE % Adjusted to Book Value is -113.53%.
How does Canadian Overseas Petroleum's ROE % Adjusted to Book Value compare to COP and EOG?
Canadian Overseas Petroleum's ROE % Adjusted to Book Value of -113.53% 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 Canadian Overseas Petroleum and its competitors. Canadian Overseas Petroleum's current ROE % Adjusted to Book Value is -113.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Overseas Petroleum stock overvalued right now?
Canadian Overseas Petroleum (VELXQ) has a current ROE % Adjusted to Book Value of -113.53%. The current ROE % Adjusted to Book Value is -113.53%. 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 Canadian Overseas Petroleum (VELXQ), the current ROE % Adjusted to Book Value is -113.53% as of Sep. 2023. 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.

Canadian Overseas Petroleum Business Description

Industry EnergyOil & Gas
Address 715 - 5th Avenue South West, Suite 3200, Calgary, AB, CAN, T2P 2X6
Canadian Overseas Petroleum Ltd is an international oil and gas exploration, development and production company pursuing opportunities in the United States with operations in Converse County Wyoming, and in sub-Saharan Africa and independently in other countries. The company's Wyoming operations are environmentally responsible with minimal gas flaring and methane emissions combined with electricity sourced from a neighboring wind farm to power production facilities.