Chevron Ret. on equity
What is the Ret. on equity of Chevron?
The Ret. on equity of Chevron Corp. is 11.59%
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 Energy sector on NYSE compared to Chevron
What does Chevron do?
Chevron Corporation is an American multinational energy corporation predominantly in oil and gas. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California, it is headquartered in San Ramon, California, and active in more than 180 countries.
Companies with ret. on equity similar to Chevron
- Seacoast Commerce Banc has Ret. on equity of 11.56%
- Bank of Maharashtra has Ret. on equity of 11.57%
- The Karur Vysya Bank has Ret. on equity of 11.58%
- Modern Land (China) Co has Ret. on equity of 11.58%
- Primary Health Properties Plc has Ret. on equity of 11.58%
- AXA SA has Ret. on equity of 11.59%
- Chevron has Ret. on equity of 11.59%
- H. Lundbeck A/S has Ret. on equity of 11.59%
- Zedcor has Ret. on equity of 11.59%
- Foseco India has Ret. on equity of 11.59%
- National Australia Bank has Ret. on equity of 11.59%
- The Quarto has Ret. on equity of 11.59%
- Institutions has Ret. on equity of 11.59%