Peak Resources Ret. on equity
What is the Ret. on equity of Peak Resources?
The Ret. on equity of Peak Resources Limited is -36.04%
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 Materials sector on ASX compared to Peak Resources
What does Peak Resources do?
Peak Rare Earths Limited engages in the exploration and evaluation of mineral licenses in Tanzania. The company explores for neodymium and praseodymium rare earth mixed oxides. It holds a 100% interest in the Ngualla Rare Earth project located in southern Tanzania. The company was formerly known as Peak Resources Limited and changed its name to Peak Rare Earths Limited in December 2021. Peak Rare Earths Limited was incorporated in 2005 and is based in Perth, Australia.
Companies with ret. on equity similar to Peak Resources
- AirBoss of America has Ret. on equity of -36.11%
- Hawks Acquisition Corp has Ret. on equity of -36.08%
- 1347 Property Insurance Inc has Ret. on equity of -36.06%
- 1347 Property Insurance Inc has Ret. on equity of -36.06%
- QuantumScape has Ret. on equity of -36.05%
- Weaccess Societe Anonyme has Ret. on equity of -36.05%
- Peak Resources has Ret. on equity of -36.04%
- Rover Metals has Ret. on equity of -36.02%
- Hyloris Pharmaceuticals SA has Ret. on equity of -36.01%
- Rosehill Resources has Ret. on equity of -36.00%
- Reliance Home Finance has Ret. on equity of -35.99%
- Rewalk Robotics Ltd has Ret. on equity of -35.98%
- Sienna Cancer Diagnostics has Ret. on equity of -35.97%