Abcam plc Ret. on equity
What is the Ret. on equity of Abcam plc?
The Ret. on equity of Abcam plc is 0.69%
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 LSE compared to Abcam plc
What does Abcam plc do?
Abcam plc, a life sciences company, researches, develops, and distributes biological reagents and tools for research, drug discovery, and diagnostics in the United States, China, Japan, Europe, the Middle East, Africa, and rest of Asia Pacific. The company offers various research products, including primary and secondary antibodies; ELISA and matched antibody pairs; cell and tissue imaging tools; cellular and biochemical assays; proteins and peptides; proteomics tools; agonists, antagonists, activators, and inhibitors; cell line and lysates; and multiplex assays. Its research products are used in the areas of cancer, cardiovascular, cell biology, developmental biology, epigenetics, nuclear signaling, immunology, metabolism, microbiology, neuroscience, signal transduction, and stem cells. Further, the company offers diagnostic and therapeutic solutions. It also sells its products online. Abcam plc was incorporated in 1998 and is headquartered in Cambridge, the United Kingdom.
Companies with ret. on equity similar to Abcam plc
- Chordia Food Products has Ret. on equity of 0.68%
- CIL Securities has Ret. on equity of 0.68%
- Nova Leap Health has Ret. on equity of 0.68%
- Viking Mines has Ret. on equity of 0.68%
- Cubex Tubings has Ret. on equity of 0.68%
- Kingold Jewelry Inc has Ret. on equity of 0.68%
- Abcam plc has Ret. on equity of 0.69%
- Immunodiagnostic Systems PLC has Ret. on equity of 0.69%
- Trident Resources Plc has Ret. on equity of 0.69%
- Schroder BSC Social Impact Trust has Ret. on equity of 0.69%
- Sogou Inc has Ret. on equity of 0.69%
- Venture Life plc has Ret. on equity of 0.69%
- Algonquin Power & Utilities Corp has Ret. on equity of 0.69%