Steel Partners LP Ret. on equity
What is the Ret. on equity of Steel Partners LP?
The Ret. on equity of Steel Partners Holdings LP is 22.49%
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 Industrials sector on NYSE compared to Steel Partners LP
What does Steel Partners LP do?
steel partners holdings l.p. (nyse: splp) is a global diversified holding company that engages in multiple businesses, including diversified industrial products, energy, defense, supply chain management and logistics, banking, food products and services, oilfield services, sports, training, education, and the entertainment and lifestyle industries.
Companies with ret. on equity similar to Steel Partners LP
- McGrath has Ret. on equity of 22.44%
- Asian Paints has Ret. on equity of 22.46%
- Fidelity Retirement Master Trust-Fidelity SaveEasy 2020 Fund has Ret. on equity of 22.46%
- ANTA Sports Products has Ret. on equity of 22.46%
- Oil-Dri Of America has Ret. on equity of 22.48%
- Gold Fields Ltd has Ret. on equity of 22.49%
- Steel Partners LP has Ret. on equity of 22.49%
- Altium has Ret. on equity of 22.50%
- Endava plc has Ret. on equity of 22.50%
- Comstock Co. Inc has Ret. on equity of 22.51%
- Mount Gibson Iron has Ret. on equity of 22.51%
- 1300SMILES has Ret. on equity of 22.52%
- Cimmco has Ret. on equity of 22.53%