The Orissa Minerals Development Ret. on equity
What is the Ret. on equity of The Orissa Minerals Development?
The Ret. on equity of The Orissa Minerals Development Company Limited is -426.93%
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 Materials sector on NSE compared to The Orissa Minerals Development
What does The Orissa Minerals Development do?
The Orissa Minerals Development Company Limited mines and markets iron ore and manganese ore in India. It also produces and sells sponge iron. The company was incorporated in 1918 and is based in Kolkata, India. The Orissa Minerals Development Company Limited is a subsidiary of Eastern Investments Limited.
Companies with ret. on equity similar to The Orissa Minerals Development
- Core Gold has Ret. on equity of -430.83%
- Alnylam Pharmaceuticals has Ret. on equity of -430.74%
- Alnylam Pharmaceuticals has Ret. on equity of -430.74%
- Spectur has Ret. on equity of -430.03%
- Midas Gold has Ret. on equity of -428.98%
- Kalo Gold has Ret. on equity of -427.81%
- The Orissa Minerals Development has Ret. on equity of -426.93%
- Blackwolf Copper and Gold has Ret. on equity of -426.89%
- Zargon Oil & Gas has Ret. on equity of -426.68%
- Relevium Technologies has Ret. on equity of -426.47%
- Lianluo Smart Ltd has Ret. on equity of -425.53%
- Avenue Therapeutics Inc has Ret. on equity of -424.15%
- DeepMarkit has Ret. on equity of -422.50%