Performance Shipping Inc Ret. on equity
What is the Ret. on equity of Performance Shipping Inc?
The Ret. on equity of Performance Shipping Inc is 18.90%
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 Industrials sector on NASDAQ compared to Performance Shipping Inc
What does Performance Shipping Inc do?
we are an in-house ship management company, wholly-owned by performance shipping inc. we provide administrative, commercial, and technical management services of the highest standard to the performance shipping inc. fleet. we are focused on conducting our operations in a manner that is devoted to safety, human health, quality, and environmental protection.
Companies with ret. on equity similar to Performance Shipping Inc
- TWC Enterprises has Ret. on equity of 18.89%
- Aberforth Smaller Cos. Trust Plc has Ret. on equity of 18.89%
- Cera Sanitaryware has Ret. on equity of 18.90%
- JH EDL Technology has Ret. on equity of 18.90%
- Skyline has Ret. on equity of 18.90%
- Discover Services has Ret. on equity of 18.90%
- Performance Shipping Inc has Ret. on equity of 18.90%
- Walmart Inc has Ret. on equity of 18.91%
- Alacer Gold has Ret. on equity of 18.91%
- Alacer Gold has Ret. on equity of 18.92%
- Alacer Gold has Ret. on equity of 18.92%
- Kovai Medical Center and Hospital has Ret. on equity of 18.92%
- WesCan has Ret. on equity of 18.93%