Page Industries Ret. on equity
What is the Ret. on equity of Page Industries?
The Ret. on equity of Page Industries Limited is 63.40%
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 Page Industries
What does Page Industries do?
Page Industries Limited manufactures, markets, and distributes textile garments and clothing accessories for men, women, and junior girls and boys. The company offers vests, briefs, boxer briefs, trunks, boxer shorts, inner tees, midways, brassiers, sports bra, panties, camisole, crop top, tank tops, shapewear, shorties, bloomers, t-shirts, shorts, capris, track pants, pyjamas, sweat shirts, jackets, polo t-shirts, and sweat shirts, bermudas, lounge pants, sports shorts, gym vests, yoga pants, sleepwear, muscle vest, and leggings; face, hand, and bath towels; calf, ankle, low show, and no-show socks; and thermal wear under Jockey brand name. It also provides equipment comprising googles, caps, training aid, and swim confidence for swimming; swimwear, such as leisure, swimdress, kneesuit, legsuit, full body suit, jammer, aquashorts, watershorts, and all-in-one suit; swimactive, consisting of H2O active, sun tops, capris, leggings, and watershorts; and slide and thong footwear under the Speedo brand. The company sells its products through approximately 930 exclusive brand outlets, 46 exclusive woman outlets, 38 exclusive juniors outlets, 190 outlets in malls, and 740 outlets in high street; and large format stores, comprising 2,350 stores and 3,600 point of sales, as well as through online stores in India. It also operates in Sri Lanka, Bangladesh, Nepal, the Sultanate of Oman, Qatar, Maldives, Bhutan, and the United Arab Emirates. Page Industries Limited was incorporated in 1994 and is headquartered in Bengaluru, India.
Companies with ret. on equity similar to Page Industries
- BioCorRx has Ret. on equity of 63.04%
- Devon has Ret. on equity of 63.24%
- The Hershey has Ret. on equity of 63.26%
- EVRAZ plc has Ret. on equity of 63.37%
- EVRAZ Plc has Ret. on equity of 63.37%
- ION Geophysical Corp has Ret. on equity of 63.38%
- Page Industries has Ret. on equity of 63.40%
- Leafbuyer Technologies has Ret. on equity of 63.44%
- Equinor ASA has Ret. on equity of 63.48%
- National Research Corp has Ret. on equity of 63.64%
- RCM Technologies has Ret. on equity of 63.70%
- McMillan Shakespeare has Ret. on equity of 63.78%
- Palo Alto Networks Inc has Ret. on equity of 63.78%