Zenith Birla (India) Ret. on equity
What is the Ret. on equity of Zenith Birla (India)?
The Ret. on equity of Zenith Birla (India) Limited is 10.37%
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 Industrials sector on NSE compared to Zenith Birla (India)
What does Zenith Birla (India) do?
Zenith Birla (India) Limited manufactures and sells steel pipes in India. Its products include electric resistance welded black, galvanized, and helical submerged arc welded pipes. The company's products are used for various applications, such as agriculture and irrigation water distribution, space frame, fence, transportation of raw and potable water, sprinkler, firefighting system, industrial general engineering, pole, piling, drill rod, chilled water system, container making, transmission tower, ash/slurry transportation, bore-well, structural scaffolding and prop, transportation of oil and gas, electricity conduit, construction water distribution, green house, crude, transportation of sewage disposal irrigation, and oil sector distribution of gas, as well as auto industry. It also exports its products to 79 countries. Zenith Birla (India) Limited was incorporated in 1960 and is based in Mumbai, India.
Companies with ret. on equity similar to Zenith Birla (India)
- Shaily Engineering Plastics has Ret. on equity of 10.37%
- Humana has Ret. on equity of 10.37%
- Smurfit Kappa plc has Ret. on equity of 10.37%
- Smurfit Kappa Plc has Ret. on equity of 10.37%
- Smurfit Kappa Plc has Ret. on equity of 10.37%
- California BanCorp has Ret. on equity of 10.37%
- Zenith Birla (India) has Ret. on equity of 10.37%
- Steelcase has Ret. on equity of 10.37%
- Globe Life has Ret. on equity of 10.38%
- Winpak has Ret. on equity of 10.38%
- SMS Lifesciences India has Ret. on equity of 10.38%
- NCC has Ret. on equity of 10.38%
- Beijing InHand Networks Technology Co has Ret. on equity of 10.38%