Envirotech Vehicles Inc Ret. on equity
What is the Ret. on equity of Envirotech Vehicles Inc?
The Ret. on equity of Envirotech Vehicles Inc is -110.80%
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 Discretionary sector on NASDAQ compared to Envirotech Vehicles Inc
Companies with ret. on equity similar to Envirotech Vehicles Inc
- Avicanna has Ret. on equity of -111.24%
- Queensland Gold Hills Corp has Ret. on equity of -111.21%
- NIO Inc has Ret. on equity of -111.20%
- Kibo PLC has Ret. on equity of -111.14%
- Enviva Inc has Ret. on equity of -111.13%
- Endologix has Ret. on equity of -111.07%
- Envirotech Vehicles Inc has Ret. on equity of -110.80%
- Integra Resources has Ret. on equity of -110.78%
- Geron has Ret. on equity of -110.76%
- TALI Digital has Ret. on equity of -110.73%
- Vision Hydrogen has Ret. on equity of -110.71%
- Freeline Therapeutics plc has Ret. on equity of -110.68%
- Comstock Metals Ltd has Ret. on equity of -110.65%