Hindustan Petroleum Ret. on equity
What is the Ret. on equity of Hindustan Petroleum?
The Ret. on equity of Hindustan Petroleum Corporation Limited is -20.56%
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 Energy sector on NSE compared to Hindustan Petroleum
What does Hindustan Petroleum do?
Hindustan Petroleum Corporation Limited refines and markets petroleum products in India and internationally. The company operates through Downstream Petroleum and All Other segments. It offers petrol, diesel, kerosene, liquefied petroleum gas (LPG), naphtha lubricants, specialties, and greases, as well as aviation turbine fuel; and markets and exports bulk fuels, bitumen, solvents, jet and marine fuel, marine lubes, household insecticides, hexane, propylene, jute batch oil, turpentine oil, carbon black feed stock, molten sulphur, and superior kerosene oil (SKO). The company is also involved in international trade activities, including crude oil imports, petroleum product imports/exports, import/export registration, shipping. Further, the company markets bulk fuels and petroleum products to industrial consumers like power plants, chemicals, fertilisers, shipping companies, and airlines. In addition, it offers LPG products under the HP Gas brand, as well as bulk LPG products for industries; and operates retail petrol pumps and pipelines for the transportation of petroleum products. Further, the company explores for and produces hydrocarbons, as well as provides management services for exploration and production blocks; and operates sugar ethanol-cogen plants in Bihar, and wind power plants in Maharashtra and Rajasthan. As of March 31, 2022, it operated through a marketing network of 137 regional offices; 70 depots; 53 LPG bottling plants; 47 aviation service facilities; 20,025 retail outlets; 1,638 SKO and light diesel oil dealers; and 6,243 LPG distributors, as well as 42 terminals, installation, and tap off points. The company was founded in 1910 and is headquartered in Mumbai, India. Hindustan Petroleum Corporation Limited is a subsidiary of Oil and Natural Gas Corporation Limited.
Companies with ret. on equity similar to Hindustan Petroleum
- Dajin Lithium has Ret. on equity of -20.64%
- Personal Plc has Ret. on equity of -20.61%
- Elanco Animal Health Inc has Ret. on equity of -20.61%
- Figeac Aéro SA has Ret. on equity of -20.60%
- Spectre Capital has Ret. on equity of -20.59%
- Indian Terrain Fashions has Ret. on equity of -20.58%
- Hindustan Petroleum has Ret. on equity of -20.56%
- BD Multimedia SA has Ret. on equity of -20.55%
- Pan Asia Metals has Ret. on equity of -20.54%
- IDEAYA Biosciences has Ret. on equity of -20.53%
- u-blox AG has Ret. on equity of -20.50%
- Alterra has Ret. on equity of -20.49%
- OptiFreeze AB (publ) has Ret. on equity of -20.49%