HealthCare Global Enterprises Ret. on equity
What is the Ret. on equity of HealthCare Global Enterprises?
The Ret. on equity of HealthCare Global Enterprises Limited is 8.35%
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 Health Care sector on NSE compared to HealthCare Global Enterprises
What does HealthCare Global Enterprises do?
HealthCare Global Enterprises Limited, together with its subsidiaries, provides healthcare services focusing on cancer and fertility. The company offers cancer diagnosis and treatment services through radiation therapy, medical oncology, and surgery; and fertility treatment services, as well as reproductive medicine services, including assisted reproduction, gynecological endoscopy, and fertility preservation under the Milann brand. It also operates four multi-specialty hospitals, including three under the HCG brand in Ahmedabad, Bhavnagar, and Rajkot in the state of Gujarat, as well as one under operations and management contract in Hubli in the state of Karnataka that primarily provide cardiology, neurology, orthopedics, gastroenterology, urology, internal medicine, and pulmonary and critical care. In addition, the company offers medical diagnostic services, including scientific testing and consultancy services in the pharmaceutical and medical sector. As of March 31, 2022, the company operated 22 comprehensive cancer centers, including 1 center in Africa. The company was founded in 1989 and is based in Bengaluru, India.
Companies with ret. on equity similar to HealthCare Global Enterprises
- Resimac Ltd has Ret. on equity of 8.34%
- The Victoria Mills has Ret. on equity of 8.34%
- OMRON has Ret. on equity of 8.34%
- Kimou Environmental has Ret. on equity of 8.34%
- Linde Plc has Ret. on equity of 8.35%
- Consolidated Edison has Ret. on equity of 8.35%
- HealthCare Global Enterprises has Ret. on equity of 8.35%
- Revolve Inc has Ret. on equity of 8.35%
- CF Bankshares Inc has Ret. on equity of 8.35%
- Surteco SE has Ret. on equity of 8.35%
- Surteco SE has Ret. on equity of 8.35%
- M.K. Exim (India) has Ret. on equity of 8.36%
- Bio-Techne Corp has Ret. on equity of 8.36%