Japara Healthcare Ret. on equity
What is the Ret. on equity of Japara Healthcare?
The Ret. on equity of Japara Healthcare Limited is -6.50%
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 Health Care sector on ASX compared to Japara Healthcare
What does Japara Healthcare do?
Japara Healthcare Limited, together with its subsidiaries, owns, develops, and operates residential aged care homes in Australia. It operates approximately 4,400 resident places across 51 homes located in Victoria, New South Wales, Queensland, South Australia, and Tasmania; and 180 independent living units across 5 retirement villages. The company was founded in 2005 and is based in Southbank, Australia.
Companies with ret. on equity similar to Japara Healthcare
- Americas Car Mart has Ret. on equity of -6.54%
- Rocket Internet SE has Ret. on equity of -6.54%
- The Gym Plc has Ret. on equity of -6.53%
- Mako Gold has Ret. on equity of -6.53%
- Telecom Italia S.p.A has Ret. on equity of -6.53%
- Paramount Inc has Ret. on equity of -6.51%
- Japara Healthcare has Ret. on equity of -6.50%
- Choksi Imaging has Ret. on equity of -6.50%
- Barra Resources has Ret. on equity of -6.50%
- Condor Gold Plc has Ret. on equity of -6.49%
- Condor Gold Plc has Ret. on equity of -6.49%
- John Hancock Preferred Income Fund II has Ret. on equity of -6.49%
- Matrix has Ret. on equity of -6.49%