Jindal Photo Ret. on equity
What is the Ret. on equity of Jindal Photo?
The Ret. on equity of Jindal Photo Limited is 8.79%
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 NSE compared to Jindal Photo
What does Jindal Photo do?
Jindal Photo Limited primarily invests in the shares of companies in India. It also provides management consultancy services. The company was incorporated in 2004 and is headquartered in New Delhi, India.
Companies with ret. on equity similar to Jindal Photo
- V2X Inc has Ret. on equity of 8.77%
- Audiocodes has Ret. on equity of 8.78%
- TMX has Ret. on equity of 8.78%
- Huntington Bancshares has Ret. on equity of 8.78%
- Life Healthcare has Ret. on equity of 8.78%
- Byron has Ret. on equity of 8.78%
- Jindal Photo has Ret. on equity of 8.79%
- The Scottish Oriental Smaller Cos. Trust Plc has Ret. on equity of 8.79%
- PVH has Ret. on equity of 8.79%
- Ferratum Oyj has Ret. on equity of 8.79%
- Jagran Prakashan has Ret. on equity of 8.79%
- Raj Television Network has Ret. on equity of 8.79%
- Burford Capital has Ret. on equity of 8.79%