BlackRock World Mining Trust Plc Ret. on equity
What is the Ret. on equity of BlackRock World Mining Trust Plc?
The Ret. on equity of BlackRock World Mining Trust Plc is 10.32%
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 Finance sector on LSE compared to BlackRock World Mining Trust Plc
What does BlackRock World Mining Trust Plc do?
BlackRock World Mining Trust plc is a closed-ended equity mutual fund launched by BlackRock Fund Managers Limited. It is managed by BlackRock Investment Management (UK) Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the mining and metal sectors. The fund benchmarks the performance of its portfolio against the Euromoney Global Mining Index. It was formerly known as Merrill Lynch World Mining Trust PLC. BlackRock World Mining Trust plc was formed on December 15, 1993 and is domiciled in the United Kingdom.
Companies with ret. on equity similar to BlackRock World Mining Trust Plc
- Total Produce plc has Ret. on equity of 10.31%
- Compagnie des Eaux de Royan has Ret. on equity of 10.31%
- Ameren has Ret. on equity of 10.31%
- First Community Bankshares has Ret. on equity of 10.31%
- Selvaag Bolig ASA has Ret. on equity of 10.31%
- JBB Builders International has Ret. on equity of 10.32%
- BlackRock World Mining Trust Plc has Ret. on equity of 10.32%
- Golik has Ret. on equity of 10.32%
- Investors Title Co has Ret. on equity of 10.32%
- Budweiser Brewing APAC has Ret. on equity of 10.32%
- York Water Co has Ret. on equity of 10.32%
- The SimplyBiz Plc has Ret. on equity of 10.33%
- PTC Inc has Ret. on equity of 10.33%