S.D. Standard Drilling Plc Ret. on equity
What is the Ret. on equity of S.D. Standard Drilling Plc?
The Ret. on equity of S.D. Standard Drilling Plc is 31.77%
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 Miscellaneous sector on LSE compared to S.D. Standard Drilling Plc
What does S.D. Standard Drilling Plc do?
S.D. Standard ETC Plc operates in the shipping and offshore sectors primarily renewables. The company owns a 100% interest in two large-size platform supply vessels (PSVs); and a 28% interest in five mid-size PSVs. It focuses on investment portfolio within the energy, transport, and commodities markets. The company was formerly known as S.D. Standard Drilling Plc and changed its name to S.D. Standard ETC Plc in February 2022. S.D. Standard ETC Plc was incorporated in 2010 and is headquartered in Limassol, Cyprus.
Companies with ret. on equity similar to S.D. Standard Drilling Plc
- CGE has Ret. on equity of 31.69%
- Innovative Pharmaceutical Biotech has Ret. on equity of 31.69%
- ITV Plc has Ret. on equity of 31.70%
- United Rentals has Ret. on equity of 31.72%
- Industria de Diseno Textil SA has Ret. on equity of 31.74%
- African Discovery has Ret. on equity of 31.75%
- S.D. Standard Drilling Plc has Ret. on equity of 31.77%
- Wheeler Real Estate Investment Trust Inc has Ret. on equity of 31.78%
- Integrated Diagnostics plc has Ret. on equity of 31.79%
- Enerplus has Ret. on equity of 31.80%
- NXP Semiconductors NV has Ret. on equity of 31.80%
- Vanguard International Equity Index Funds - Vanguard FTSE Europe ETF has Ret. on equity of 31.81%
- United Rentals has Ret. on equity of 31.82%