Rajesh Exports Ret. on equity
What is the Ret. on equity of Rajesh Exports?
The Ret. on equity of Rajesh Exports Limited is 8.53%
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 Rajesh Exports
What does Rajesh Exports do?
Rajesh Exports Limited, a gold refiner, manufactures, wholesales, and retails gold and diamond jewelry, and various gold products in India. It operates retail showrooms under the SHUBH Jewellers brand name. The company also exports its products. Rajesh Exports Limited was incorporated in 1989 and is headquartered in Bengaluru, India.
Companies with ret. on equity similar to Rajesh Exports
- China Oil And Gas has Ret. on equity of 8.52%
- Amedisys has Ret. on equity of 8.52%
- Eastern Platinum has Ret. on equity of 8.52%
- China National Building Material Co has Ret. on equity of 8.52%
- B.S.D Crown has Ret. on equity of 8.52%
- Fibra Uno Administración SA de CV has Ret. on equity of 8.52%
- Rajesh Exports has Ret. on equity of 8.53%
- Lloyds Banking plc has Ret. on equity of 8.53%
- TOMY has Ret. on equity of 8.53%
- 5N Plus has Ret. on equity of 8.54%
- Gascogne SA has Ret. on equity of 8.54%
- Ossen Innovation Co Ltd has Ret. on equity of 8.54%
- Horizon Therapeutics Plc has Ret. on equity of 8.54%