EVRAZ Plc Ret. on equity
What is the Ret. on equity of EVRAZ Plc?
The Ret. on equity of EVRAZ Plc is 63.37%
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 LSE compared to EVRAZ Plc
What does EVRAZ Plc do?
EVRAZ plc, together with its subsidiaries, produces and distributes steel and related products in Russia, the Americas, Asia, Europe, CIS, Africa, and internationally. It operates through four segments: Steel; Steel, North America; Coal; and Other Operations. The company offers steel products; various coking coal blends, including hard, semi-hard, and semi-soft; and value-added products, such as infrastructure steel, rails, large diameter pipes, and tubular goods. Its products are used in construction, rail infrastructure, and engineering and mining industries. The company is also involved in the extraction of vanadium ore; production of vanadium products; iron ore and coal mining and enrichment; and energy-generation, shipping, and railway transportation businesses. EVRAZ plc was founded in 1992 and is based in London, the United Kingdom.
Companies with ret. on equity similar to EVRAZ Plc
- ARSS Infrastructure Projects has Ret. on equity of 62.88%
- Procter & Gamble Hygiene and Health Care has Ret. on equity of 62.91%
- Nutanix has Ret. on equity of 62.97%
- BioCorRx has Ret. on equity of 63.04%
- Devon has Ret. on equity of 63.24%
- The Hershey has Ret. on equity of 63.26%
- EVRAZ Plc has Ret. on equity of 63.37%
- ION Geophysical Corp has Ret. on equity of 63.38%
- Page Industries has Ret. on equity of 63.40%
- Leafbuyer Technologies has Ret. on equity of 63.44%
- Equinor ASA has Ret. on equity of 63.48%
- National Research Corp has Ret. on equity of 63.64%
- RCM Technologies has Ret. on equity of 63.70%