Repco Home Finance Ret. on equity
What is the Ret. on equity of Repco Home Finance?
The Ret. on equity of Repco Home Finance Limited is 10.45%
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 NSE compared to Repco Home Finance
What does Repco Home Finance do?
Repco Home Finance Limited operates as a housing finance company in India. It provides housing loans for the construction or purchase of homes; loans for the repairs, renovation, and/or extension/improvement of residential properties; loans for the purchase of plot for construction of a house; loans to non-resident Indians for the construction/purchase of house in India; loans against the mortgage of immovable property; and loans for the purchase and/or construction of non-residential and commercial properties. The company also offers loans for the construction/purchase of integrated buildings comprising residential and commercial structure; home loans to salaried individuals; and loans for construction on land owned by borrower's parents. As of March 31, 2021, it operated through a network of 153 branches and 24 satellite centers located in Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Kerala, Maharashtra, Odisha, West Bengal, Gujarat, Madhya Pradesh, Jharkhand, and the Union Territory of Puducherry. The company was incorporated in 2000 and is based in Chennai, India.
Companies with ret. on equity similar to Repco Home Finance
- Metlife Inc has Ret. on equity of 10.44%
- National Bank Corp has Ret. on equity of 10.44%
- Core-Mark Hldg Co Inc has Ret. on equity of 10.44%
- ASGN Inc has Ret. on equity of 10.44%
- Sempra has Ret. on equity of 10.45%
- Poddar Pigments has Ret. on equity of 10.45%
- Repco Home Finance has Ret. on equity of 10.45%
- Origin Bancorp Inc has Ret. on equity of 10.45%
- Wacker Neuson SE has Ret. on equity of 10.45%
- Add New Investment has Ret. on equity of 10.45%
- Artemis Medicare Services has Ret. on equity of 10.45%
- BCE has Ret. on equity of 10.45%
- LGI Homes Inc has Ret. on equity of 10.45%