Abbott India Ret. on equity
What is the Ret. on equity of Abbott India?
The Ret. on equity of Abbott India Limited is 32.77%
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 NSE compared to Abbott India
What does Abbott India do?
Abbott India Limited operates as a pharmaceutical company in India. It offers pharmaceutical products for various therapeutic areas, such as women's health, gastroenterology, metabolic, central nervous system, pain management, nutritional supplements, vitamins, insomnia, vaccines, consumer health, etc. The company was formerly known as Knoll Pharmaceuticals Limited and changed its name to Abbott India Limited in July 2002. Abbott India Limited was incorporated in 1944 and is headquartered in Mumbai, India. Abbott India Limited is a subsidiary of Abbott Capital India Limited.
Companies with ret. on equity similar to Abbott India
- Établissements Maurel & Prom SA has Ret. on equity of 32.71%
- Altisource Portfolio Solutions S.A has Ret. on equity of 32.72%
- PDD Inc has Ret. on equity of 32.72%
- Cresud has Ret. on equity of 32.72%
- Armanino Foods of Distinction has Ret. on equity of 32.73%
- Record plc has Ret. on equity of 32.74%
- Abbott India has Ret. on equity of 32.77%
- MGM Resorts International has Ret. on equity of 32.79%
- Arista Networks Inc has Ret. on equity of 32.81%
- Rio Tinto Plc has Ret. on equity of 32.83%
- Rio Tinto plc has Ret. on equity of 32.83%
- Rio Tinto has Ret. on equity of 32.83%
- Rio Tinto Plc has Ret. on equity of 32.83%