PT Gudang Garam Tbk Ret. on equity
What is the Ret. on equity of PT Gudang Garam Tbk?
The Ret. on equity of PT Gudang Garam Tbk is 7.21%
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 Consumer Staples sector on OTC compared to PT Gudang Garam Tbk
What does PT Gudang Garam Tbk do?
PT Gudang Garam Tbk produces and sells cigarettes in Indonesia and internationally. The company operates through Cigarettes, Paperboards, and Others segments. It offers hand-rolled, machine-made, and klobot clove cigarettes. The company markets its products under the Gudang Garam Family, Surya Family, and GG Family brand names. It is also involved in trading activities. In addition, the company provides non-scheduled air transportation and entertainment services. The company was formerly known as PT Perusahaan Rokok Tjap ÂGudang Garam Kediri. PT Gudang Garam Tbk was founded in 1958 and is headquartered in Kediri, Indonesia. PT Gudang Garam Tbk is a subsidiary of PT Suryaduta Investama.
Companies with ret. on equity similar to PT Gudang Garam Tbk
- Tuff AG has Ret. on equity of 7.20%
- Salzer Electronics has Ret. on equity of 7.20%
- Bannari Amman Sugars has Ret. on equity of 7.21%
- The Environmental has Ret. on equity of 7.21%
- The Swatch AG has Ret. on equity of 7.21%
- The Swatch AG has Ret. on equity of 7.21%
- PT Gudang Garam Tbk has Ret. on equity of 7.21%
- BlueScope Steel has Ret. on equity of 7.21%
- Heritage Commerce has Ret. on equity of 7.21%
- WhiteHorse Finance Inc has Ret. on equity of 7.22%
- Irish Residential Properties REIT Plc has Ret. on equity of 7.23%
- IVD Medical has Ret. on equity of 7.23%
- Kkalpana Industries (India) has Ret. on equity of 7.23%