Sparta Commercial Services Ret. on equity
What is the Ret. on equity of Sparta Commercial Services?
The Ret. on equity of Sparta Commercial Services, Inc. is 27.26%
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 Technology sector on OTC compared to Sparta Commercial Services
Companies with ret. on equity similar to Sparta Commercial Services
- Cipher Pharmaceuticals has Ret. on equity of 27.20%
- Shanghai Henlius Biotech has Ret. on equity of 27.21%
- TVS Motor has Ret. on equity of 27.22%
- Pan Orient has Ret. on equity of 27.22%
- Pan Orient has Ret. on equity of 27.22%
- World Wrestling Entertainment has Ret. on equity of 27.23%
- Sparta Commercial Services has Ret. on equity of 27.26%
- Otelco Inc has Ret. on equity of 27.26%
- Duratec Australia Pty Ltd has Ret. on equity of 27.29%
- Hess has Ret. on equity of 27.31%
- Hess has Ret. on equity of 27.31%
- Lakeview Hotel Investment has Ret. on equity of 27.31%
- Tritax Big Box Reit Plc has Ret. on equity of 27.32%