Tasty Bite Eatables Ret. on equity
What is the Ret. on equity of Tasty Bite Eatables?
The Ret. on equity of Tasty Bite Eatables Limited is 8.55%
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 Staples sector on NSE compared to Tasty Bite Eatables
What does Tasty Bite Eatables do?
Tasty Bite Eatables Limited manufactures and sells ready-to-eat food, and formed frozen food and specialty sauces under the Tasty Bite brand name in India and internationally. The company offers rice, Indian entrées, Asian noodles, patties, appetizers, ready meals, and gravies and pastes, as well as specialty, emulsion, and tomato based sauces; and ingredients, such as basmati rice, black lentils, brown rice, cardamom, cashew nuts, chickpeas, cloves, coconut milk, coriander, and cumin. The company was incorporated in 1985 and is based in Pune, India. Tasty Bite Eatables Limited is a subsidiary of Preferred Brands Foods (India) Private Limited.
Companies with ret. on equity similar to Tasty Bite Eatables
- Jiumaojiu International has Ret. on equity of 8.54%
- Ansila NL has Ret. on equity of 8.54%
- NBT Bancorp has Ret. on equity of 8.54%
- Beng Soon Mach Hldg Ltd has Ret. on equity of 8.55%
- ABM Industries has Ret. on equity of 8.55%
- Advanced Medical Solutions Plc has Ret. on equity of 8.55%
- Tasty Bite Eatables has Ret. on equity of 8.55%
- EPR Properties has Ret. on equity of 8.55%
- SpareBank 1 BV has Ret. on equity of 8.56%
- Grayscale Ethereum Mini Trust has Ret. on equity of 8.56%
- Balkrishna Paper Mills has Ret. on equity of 8.56%
- Jacobs Engineering has Ret. on equity of 8.56%
- Petrus Resources has Ret. on equity of 8.56%