ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Cobra Venture's annualized net income for the quarter that ended in Feb. 2026 was C$-1.06 Mil. Cobra Venture's average Total Stockholders Equity over the quarter that ended in Feb. 2026 was C$2.56 Mil. Therefore, Cobra Venture's annualized ROE % for the quarter that ended in Feb. 2026 was -41.28%.
The historical rank and industry rank for Cobra Venture's ROE % or its related term are showing as below:
TSXV:CBV'
s ROE % Range Over the Past 10 Years
Min: -14.52 Med: -4.39 Max: 11.34
Current: -14.52
During the past 13 years, Cobra Venture's highest ROE % was 11.34%. The lowest was -14.52%. And the median was -4.39%.
TSXV:CBV's ROE % is not ranked
in the Oil & Gas industry.
Industry Median: 5.795
vs TSXV:CBV: -14.52
Cobra Venture (TSXV:CBV) 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 (Feb. 2026) net income data. The Revenue data used here is four times the quarterly (Feb. 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.
Cobra Venture ROE % Related Terms
Cobra Venture ROE % Historical Data
* Premium members only.
The historical data trend for Cobra Venture'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 Oil & Gas E&P subindustry, Cobra Venture'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.
Cobra Venture ROE % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Cobra Venture's ROE % distribution charts can be found below:
* The bar in red indicates where Cobra Venture'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 (Feb. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Cobra Venture (TSXV:CBV) has a ROE % of -41.28% as of Feb. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Cobra Venture and its competitors.
Is Cobra Venture's ROE % too high?
Cobra Venture's current ROE % is -41.28%. Overall, Cobra Venture has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Cobra Venture's ROE % compare to COP and EOG?
Cobra Venture's ROE % of -41.28% can be compared against companies in the Oil & Gas industry. The industry median ROE % is 5.80. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.80, based on 960 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. 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 Cobra Venture and its competitors. For the Oil & Gas industry, the median ROE % is 5.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cobra Venture's current ROE % is -41.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cobra Venture stock overvalued right now?
Cobra Venture (TSXV:CBV) has a current ROE % of -41.28%. The stock's GF Value™ is C$0.12, compared to a current price of C$1.40 — trading 1066.7% above its estimated fair value. The current ROE % is -41.28%. Cobra Venture's overall GF Score™ is 27/100 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 Cobra Venture (TSXV:CBV), the current ROE % is -41.28% as of Feb. 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 Cobra Venture (TSXV:CBV) Overvalued in 2026?
Based on GuruFocus' analysis, Cobra Venture stock appears to be overvalued.
The current stock price of C$1.40 is trading 1066.7% above its estimated GF Value™ of C$0.12.
Key valuation signals for TSXV:CBV:
ROE %: -41.28%
GF Value™: C$0.12 vs. price of C$1.40 (1066.7% above fair value)
No single metric tells the full story. See the TSXV:CBV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cobra Venture Corp is a junior oil and gas company that is focused on the exploration and development of petroleum and natural gas interests in Canada. The company's properties are the San Joaquin Basin Project, California, and Gull Lake, Saskatchewan. The company operates in one business segment, being the exploration and development of oil and gas interests, in Canada.
27GF Score
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