Richards Packaging Income Fund Ret. on equity
What is the Ret. on equity of Richards Packaging Income Fund?
The Ret. on equity of Richards Packaging Income Fund is 13.28%
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 TSX compared to Richards Packaging Income Fund
What does Richards Packaging Income Fund do?
Richards Packaging Income Fund, together with its subsidiaries, manufactures and distributes packaging and related products in Canada and the United States. It offers plastic, glass, and metal containers and closures. The company also offers design and development, and logistics management services. It serves food and beverage, healthcare, cosmetics, industrial, and pharmaceutical sectors. Richards Packaging Income Fund was founded in 1912 and is based in Mississauga, Canada.
Companies with ret. on equity similar to Richards Packaging Income Fund
- Baguio Green has Ret. on equity of 13.27%
- Envela Corp has Ret. on equity of 13.27%
- Premier Polyfilm has Ret. on equity of 13.27%
- The Income & Growth VCT has Ret. on equity of 13.27%
- Zensar Technologies has Ret. on equity of 13.27%
- Fidelity National Inc has Ret. on equity of 13.27%
- Richards Packaging Income Fund has Ret. on equity of 13.28%
- Macfarlane Plc has Ret. on equity of 13.28%
- Compuage Infocom has Ret. on equity of 13.28%
- Syngene International has Ret. on equity of 13.29%
- Safestore plc has Ret. on equity of 13.29%
- Disa India has Ret. on equity of 13.29%
- Harleysville has Ret. on equity of 13.29%