Gore Street Storage Fund Plc Ret. on equity
What is the Ret. on equity of Gore Street Storage Fund Plc?
The Ret. on equity of Gore Street Energy Storage Fund Plc is 16.31%
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 Finance sector on LSE compared to Gore Street Storage Fund Plc
Companies with ret. on equity similar to Gore Street Storage Fund Plc
- Domino's Pizza Enterprises has Ret. on equity of 16.28%
- Kirloskar Ferrous Industries has Ret. on equity of 16.28%
- Ecolab has Ret. on equity of 16.29%
- Regeneron Pharmaceuticals has Ret. on equity of 16.30%
- Formycon AG has Ret. on equity of 16.30%
- International Paper has Ret. on equity of 16.30%
- Gore Street Storage Fund Plc has Ret. on equity of 16.31%
- Cenovus has Ret. on equity of 16.31%
- Oxford Lane Capital Corp has Ret. on equity of 16.31%
- CVR Partners LP has Ret. on equity of 16.32%
- Koninklijke Brill NV has Ret. on equity of 16.32%
- Northern Lights Fund Trust IV has Ret. on equity of 16.32%
- Silgan has Ret. on equity of 16.33%