MRF Ret. on equity
What is the Ret. on equity of MRF?
The Ret. on equity of MRF Limited is 4.88%
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 Consumer Discretionary sector on NSE compared to MRF
What does MRF do?
MRF Limited, together with its subsidiaries, manufactures, distributes, and sells rubber products in India and internationally. The company offers rubber products, such as tyres, tubes, flaps, and tread rubber. It also engages in the paints and coats, toys, motorsports, and cricket training businesses. The company offers tyres for trucks, farm services, LCVs, SCVs, three wheelers, pick up, two wheelers, passenger cars, and OTRs. In addition, it operates MRF TireTok, MRF Tyredrome, MRF FASST, MRF Musclezone, and shops that offer computerized nitrogen inflation, tubeless repair, wheel alignment, wheel balancing and tyre changing, robotic wheel alignment, vehicle safety test lane, diagnostic wheel balancing, A/C recovery and recharging, electronic headlight alignment, nitrogen generation, special two-wheeler tyre changing, credit card facility, wheels removal and refitment, and tyre mounting and de-mounting services. The company sells its products through approximately 5,000 dealer networks. MRF Limited was founded in 1946 and is based in Chennai, India.
Companies with ret. on equity similar to MRF
- ConvaTec Plc has Ret. on equity of 4.86%
- COSCO SHIPPING Ports has Ret. on equity of 4.86%
- CIL Nova Petrochemicals has Ret. on equity of 4.87%
- Regency Investments has Ret. on equity of 4.87%
- Lincoln Educational Services Corp has Ret. on equity of 4.87%
- RM Secured Direct Lending Plc has Ret. on equity of 4.88%
- MRF has Ret. on equity of 4.88%
- Regenx Tech Corp has Ret. on equity of 4.88%
- R&R Real Estate Investment Trust has Ret. on equity of 4.88%
- C&D International Investment has Ret. on equity of 4.88%
- Zalando SE has Ret. on equity of 4.88%
- Coty has Ret. on equity of 4.88%
- Gallantt Ispat has Ret. on equity of 4.88%