GB Global Ret. on equity
What is the Ret. on equity of GB Global?
The Ret. on equity of GB Global Limited is -9.85%
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 Consumer Discretionary sector on NSE compared to GB Global
What does GB Global do?
GB Global Limited manufactures and sells textiles and garments in India. The company is involved in the yarn dyeing, weaving, printing, and processing activities. It also exports its products. The company was formerly known as Mandhana Industries Limited and changed its name to GB Global Limited in August 2019. GB Global Limited was incorporated in 1984 and is based in Mumbai, India.
Companies with ret. on equity similar to GB Global
- eXp World Inc has Ret. on equity of -9.88%
- InnerWorkings has Ret. on equity of -9.88%
- BlackRock Muni California Quality Fund Inc has Ret. on equity of -9.86%
- Windsor Machines has Ret. on equity of -9.86%
- Cenkos Securities plc has Ret. on equity of -9.86%
- Quest Resource Corp has Ret. on equity of -9.85%
- GB Global has Ret. on equity of -9.85%
- M.R.M. SA has Ret. on equity of -9.85%
- SBA Communications Corp has Ret. on equity of -9.85%
- Putnam Managed Municipal Income Trust has Ret. on equity of -9.85%
- Adams Diversified Equity Fund has Ret. on equity of -9.85%
- Surge has Ret. on equity of -9.85%
- Surge has Ret. on equity of -9.85%