Aban Offshore Ret. on equity
What is the Ret. on equity of Aban Offshore?
The Ret. on equity of Aban Offshore Limited is -450.57%
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 Energy sector on BSE compared to Aban Offshore
What does Aban Offshore do?
Aban Offshore Limited, together with its subsidiaries, provides offshore drilling and production services to companies engaged in the exploration, development, and production of oil and gas in India and internationally. It offers exploratory, drilling, hydrocarbons production, and manning and management services. The company owns and operates a portfolio of assets, including jack-ups, floaters/drill ships, and floating production units. It also engages in the ownership and operation of wind turbines for the generation of wind power. The company's wind farms are located at Radhapuram, Pazhavoor, and Kavalkinaru in Tirunelveli District, Tamil Nadu. Aban Offshore Limited was incorporated in 1986 and is based in Chennai, India.
Companies with ret. on equity similar to Aban Offshore
- Membership Collective has Ret. on equity of -453.05%
- Southern Hemisphere Mining has Ret. on equity of -453.00%
- Vatic Ventures has Ret. on equity of -451.71%
- Carpinienne de Participations has Ret. on equity of -451.61%
- Freeport Resources has Ret. on equity of -451.03%
- Seraphine PLC has Ret. on equity of -450.62%
- Aban Offshore has Ret. on equity of -450.57%
- Forward Water Technologies has Ret. on equity of -449.77%
- Forum Merger III has Ret. on equity of -449.32%
- CTT Pharmaceutical has Ret. on equity of -448.83%
- Mobiquity Technologies has Ret. on equity of -447.90%
- Kaixin Auto has Ret. on equity of -447.04%
- PAVmed has Ret. on equity of -446.50%