Lundin Ab Spon Adr Each Ret. on equity
What is the Ret. on equity of Lundin Ab Spon Adr Each?
The Ret. on equity of Lundin Energy Ab Spon Adr Each is 1.29%
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 OTC compared to Lundin Ab Spon Adr Each
What does Lundin Ab Spon Adr Each do?
Lundin Energy AB (publ), an independent oil and gas company, engages in the exploration, development, and production of oil and gas properties primarily in Norway. As of December 31, 2020, it had proved plus probable net reserves of 671 million barrels of oil equivalent (MMboe); and proved plus probable plus possible net reserves of 826 MMboe. The company was formerly known as Lundin Petroleum AB (publ) and changed its name to Lundin Energy AB (publ) in March 2020. Lundin Energy AB (publ) was incorporated in 2001 and is headquartered in Stockholm, Sweden.
Companies with ret. on equity similar to Lundin Ab Spon Adr Each
- Nalwa Sons Investments has Ret. on equity of 1.29%
- Williamson Magor & Co has Ret. on equity of 1.29%
- Kalyani Forge has Ret. on equity of 1.29%
- Jaipan Industries has Ret. on equity of 1.29%
- Archidply Industries has Ret. on equity of 1.29%
- Kingsoft has Ret. on equity of 1.29%
- Lundin Ab Spon Adr Each has Ret. on equity of 1.29%
- John Laing Environmental Assets has Ret. on equity of 1.30%
- Shemaroo Entertainment has Ret. on equity of 1.30%
- Just Dial has Ret. on equity of 1.30%
- Xiaomi has Ret. on equity of 1.30%
- Salvatore Ferragamo SpA has Ret. on equity of 1.30%
- The National Security has Ret. on equity of 1.30%