Balmer Lawrie Investments Ret. on equity
What is the Ret. on equity of Balmer Lawrie Investments?
The Ret. on equity of Balmer Lawrie Investments Limited is 9.33%
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 Finance sector on BSE compared to Balmer Lawrie Investments
What does Balmer Lawrie Investments do?
Balmer Lawrie Investments Limited, together with its subsidiaries, engages in industrial packaging, greases and lubricants, leather chemicals, logistic services and infrastructure, refinery and oil field, and travel and vacation services businesses in India. The company was incorporated in 2001 and is based in Kolkata, India.
Companies with ret. on equity similar to Balmer Lawrie Investments
- George Weston has Ret. on equity of 9.33%
- China Resources Power has Ret. on equity of 9.33%
- Glenmark Pharmaceuticals has Ret. on equity of 9.33%
- Century Plyboards (India) has Ret. on equity of 9.33%
- JS Global Lifestyle has Ret. on equity of 9.33%
- Remsons Industries has Ret. on equity of 9.33%
- Balmer Lawrie Investments has Ret. on equity of 9.33%
- Euro Tech Co has Ret. on equity of 9.34%
- Apontis Pharm. Ag Inh On has Ret. on equity of 9.34%
- Primewest has Ret. on equity of 9.34%
- Best Pacific International has Ret. on equity of 9.34%
- First Mid Bancshares has Ret. on equity of 9.35%
- Huarchi Global has Ret. on equity of 9.36%