3P Learning Ret. on equity
What is the Ret. on equity of 3P Learning?
The Ret. on equity of 3P Learning Limited is -35.04%
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 ASX compared to 3P Learning
What does 3P Learning do?
3P Learning Limited, together with its subsidiaries, engages in the development, marketing, and sale of educational software and e-books to schools and parents of school-aged students. It provides online education, and adaptive and collaborative learning, including mathematics and literacy products. The company offers Mathseeds, Mathletics, Reading Eggs, and Spellodrome, as well as ReadiWriter, STEMscopes, Gooseberry Planet, and WordFlyers products. It serves approximately 6 million students in approximately 17,000 schools worldwide. The company was incorporated in 2003 and is based in North Sydney, Australia.
Companies with ret. on equity similar to 3P Learning
- E-COM (Aus) Pty Ltd has Ret. on equity of -35.15%
- Landsea Green Properties Co has Ret. on equity of -35.13%
- Vistagen Therapeutics has Ret. on equity of -35.12%
- Isentia has Ret. on equity of -35.12%
- 4basebio UK Societas has Ret. on equity of -35.06%
- Beam Global has Ret. on equity of -35.04%
- 3P Learning has Ret. on equity of -35.04%
- Arrow Minerals has Ret. on equity of -35.02%
- GSI Technology Inc has Ret. on equity of -34.98%
- Aldoro Resources has Ret. on equity of -34.96%
- AC Immune SA has Ret. on equity of -34.94%
- Altura Mining has Ret. on equity of -34.93%
- Warrior Gold has Ret. on equity of -34.93%