AB Sagax (publ) Ret. on equity
What is the Ret. on equity of AB Sagax (publ)?
The Ret. on equity of AB Sagax (publ) is 17.50%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Miscellaneous sector on LSE compared to AB Sagax (publ)
Companies with ret. on equity similar to AB Sagax (publ)
- Quantum Health has Ret. on equity of 17.48%
- Chinney Kin Wing has Ret. on equity of 17.49%
- Skandinaviska Enskilda Banken AB has Ret. on equity of 17.49%
- Axalta Coating Systems Ltd has Ret. on equity of 17.50%
- Lancaster Colony has Ret. on equity of 17.50%
- Ajanta Soya has Ret. on equity of 17.50%
- AB Sagax (publ) has Ret. on equity of 17.50%
- Elecon Engineering has Ret. on equity of 17.51%
- bioMérieux SA has Ret. on equity of 17.51%
- Renesas Electronics has Ret. on equity of 17.51%
- Techtronic Industries Co has Ret. on equity of 17.51%
- Myer has Ret. on equity of 17.52%
- General Electric Co has Ret. on equity of 17.52%