Eicher Motors Ret. on equity
What is the Ret. on equity of Eicher Motors?
The Ret. on equity of Eicher Motors Limited is 13.53%
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 BSE compared to Eicher Motors
What does Eicher Motors do?
Eicher Motors Limited manufactures and sells motorcycles and commercial vehicles in India and internationally. The company owns the Royal Enfield motorcycle brand that offers Classic, Bullet, Himalayan, Interceptor INT 650, Continental GT 650, and Thunderbird models. It designs, develops, manufactures, assembles, and sells two-wheelers, as well as sells related parts and accessories. The company, through its joint venture, Volvo Eicher Commercial Vehicles Limited, manufactures and sells light and medium duty trucks, heavy duty trucks, and buses under the Eicher brand; Volvo trucks; and engineering components and aggregates. Eicher Motors Limited was founded in 1948 and is based in Gurugram, India.
Companies with ret. on equity similar to Eicher Motors
- iQIYI has Ret. on equity of 13.51%
- Shaw Communications has Ret. on equity of 13.53%
- Shaw Communications has Ret. on equity of 13.53%
- Techno Electric & Engineering has Ret. on equity of 13.53%
- Jupiter Fund Management Plc has Ret. on equity of 13.53%
- A-Mark Precious Metals Inc has Ret. on equity of 13.53%
- Eicher Motors has Ret. on equity of 13.53%
- Zicom Electronic Security Systems has Ret. on equity of 13.54%
- S-Enjoy Service Co has Ret. on equity of 13.54%
- Haier Electronics Co has Ret. on equity of 13.54%
- ABC arbitrage SA has Ret. on equity of 13.54%
- Davide Campari-Milano SpA has Ret. on equity of 13.54%
- Nameson has Ret. on equity of 13.55%