RIT Capital Partners Plc Ret. on equity
What is the Ret. on equity of RIT Capital Partners Plc?
The Ret. on equity of RIT Capital Partners Plc is -6.24%
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 LSE compared to RIT Capital Partners Plc
What does RIT Capital Partners Plc do?
RIT Capital Partners plc is a self-managed investment trust. The firm invests in the public equity and currency markets across the globe. It also invests in private investments and equity funds. The firm benchmarks the performance of its portfolio against the RPI plus 3% and MSCI All Country World Index (50% Sterling). It employs a top-down approach to make its investments. The firm makes its investments in companies operating across diversified sectors. RIT Capital Partners plc was founded on August 1, 1988 and is based in London, United Kingdom.
Companies with ret. on equity similar to RIT Capital Partners Plc
- Tungsten plc has Ret. on equity of -6.28%
- Aarons Inc has Ret. on equity of -6.27%
- Grande Portage Resources has Ret. on equity of -6.25%
- Greenway Mining has Ret. on equity of -6.25%
- Fonciere 7 investissement Societe Anonyme has Ret. on equity of -6.25%
- Societe Francaise de Gestion et d'Investissement has Ret. on equity of -6.25%
- RIT Capital Partners Plc has Ret. on equity of -6.24%
- John Hancock Preferred Income Fund III has Ret. on equity of -6.24%
- Access Innovation has Ret. on equity of -6.23%
- Lightspeed POS has Ret. on equity of -6.23%
- Lightspeed POS has Ret. on equity of -6.23%
- Delta 9 Cannabis has Ret. on equity of -6.23%
- Deson Development International has Ret. on equity of -6.23%