Cemtrex Ret. on equity
What is the Ret. on equity of Cemtrex?
The Ret. on equity of Cemtrex Inc. is -47.27%
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 NASDAQ compared to Cemtrex
What does Cemtrex do?
cemtrex, inc. (nasdaq:cetx) is a diversified technology company that's driving innovation in a wide range of sectors, including smart technology, virtual and augmented realities, advanced electronic systems, industrial solutions, and intelligent security systems.
Companies with ret. on equity similar to Cemtrex
- Lowe`s Cos has Ret. on equity of -47.34%
- Microba Life Sciences Ltd has Ret. on equity of -47.33%
- Synaptogenix Inc has Ret. on equity of -47.31%
- Affinity Metals has Ret. on equity of -47.29%
- Scynexis Inc has Ret. on equity of -47.27%
- Crown Point has Ret. on equity of -47.27%
- Cemtrex has Ret. on equity of -47.27%
- Seamless Green China () has Ret. on equity of -47.20%
- BNS Split Corp II has Ret. on equity of -47.18%
- Ocean Shore Capital has Ret. on equity of -47.17%
- Tredegar has Ret. on equity of -47.17%
- JNC Resources has Ret. on equity of -47.17%
- BIT Mining Ltd has Ret. on equity of -47.16%