Pollard BanknoteTSX:PBL -2.00%71 ROE % is 3.74% as of Mar. 2026, which is 74% below its 10-year median of 14.44. GuruFocus rates TSX:PBL with a GF Score™ of 71/100 and a GF Value™ of C$27.87 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 824 Travel & Leisure companies, Pollard Banknote ranks better than 55.46% on this metric.
The historical rank and industry rank for Pollard Banknote's ROE % or its related term are showing as below:
TSX:PBL'
s ROE % Range Over the Past 10 Years
Min: 7.24 Med: 14.44 Max: 30.68
Current: 7.24
During the past 13 years, Pollard Banknote's highest ROE % was 30.68%. The lowest was 7.24%. And the median was 14.44%.
TSX:PBL's ROE % is ranked better than 55.46% of 824
companies
in the Travel & Leisure industry
Industry Median: 5.485
vs TSX:PBL: 7.24
Pollard Banknote (TSX:PBL) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Pollard Banknote ROE % Related Terms
Pollard Banknote ROE % Historical Data
* Premium members only.
The historical data trend for Pollard Banknote's ROE % 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.
For the Gambling subindustry, Pollard Banknote's ROE %, along with its competitors' market caps and ROE % 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.
Pollard Banknote ROE % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Pollard Banknote's ROE % distribution charts can be found below:
* The bar in red indicates where Pollard Banknote's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Pollard Banknote (TSX:PBL) has a ROE % of 3.74% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Pollard Banknote and its competitors. This is 74% below median its historical median of 14.44. Over the past decade, Pollard Banknote's ROE % has ranged from 7.24 to 30.68. According to the industry distribution chart, Pollard Banknote ranks #367 out of 824 companies in the Travel & Leisure industry, placing it in the top 44.5%.
Is Pollard Banknote's ROE % too high?
Pollard Banknote's current ROE % of 3.74% is 74% below median its 10-year median of 14.44. Over the past 10 years, this metric has ranged from a low of 7.24 to a high of 30.68. The Travel & Leisure industry median ROE % is 5.49. Pollard Banknote's value of 3.74% is 31.8% below this industry median. Based on the distribution chart, Pollard Banknote ranks #367 out of 824 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Pollard Banknote has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pollard Banknote's ROE % compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Pollard Banknote ranks #367 out of 824 companies for ROE %. This puts Pollard Banknote in the upper half of its industry. The industry median ROE % is 5.49. Pollard Banknote's value of 3.74% is 31.8% below this benchmark. Historically, Pollard Banknote's own ROE % has ranged from 7.24 to 30.68 over the past decade. While the company's 10-year median is 14.44 vs. the industry median of 5.49, Pollard Banknote has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Travel & Leisure company?
The median ROE % among Travel & Leisure companies is 5.49, based on 824 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pollard Banknote's current ROE % of 3.74% is 31.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Pollard Banknote and its competitors. For the Travel & Leisure industry, the median ROE % is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pollard Banknote's current ROE % is 3.74%, which is 74% below median its own 10-year median of 14.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pollard Banknote stock overvalued right now?
Based on GuruFocus' analysis, Pollard Banknote (TSX:PBL) is currently considered Significantly Undervalued. The stock's GF Value™ is C$27.87, compared to a current price of C$17.15 — trading 38.5% below its estimated fair value. The current ROE % is 3.74%, which is 74% below median its 10-year median of 14.44 and 31.8% below the Travel & Leisure industry median of 5.49. Pollard Banknote's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Pollard Banknote (TSX:PBL), the current ROE % is 3.74% 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 Pollard Banknote (TSX:PBL) Overvalued in 2026?
Based on GuruFocus' analysis, Pollard Banknote stock appears to be undervalued.
The current stock price of C$17.15 is trading 38.5% below its estimated GF Value™ of C$27.87.
GuruFocus considers Pollard Banknote to be Significantly Undervalued.
Key valuation signals for TSX:PBL:
ROE %: 3.74% (74% below median its 10-year median of 14.44)
GF Value™: C$27.87 vs. price of C$17.15 (38.5% below fair value)
Industry Position: 31.8% below the Travel & Leisure median (#367 of 824)
No single metric tells the full story. See the TSX:PBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pollard Banknote Ltd is principally engaged in the manufacturing, development, and sale of lottery and charitable gaming products throughout the world. Its operating segments are Lotteries, charitable gaming, Retail and eGaming systems. The company has one reportable segment, which comprises its four operating segments which includes Lotteries, Charitable gaming, eGaming systems, and Retail. The company has its geographic presence in Canada, United States and International. It generates majority of its revenue from United States.
71GF Score
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