Kirloskar Industries Ret. on equity
What is the Ret. on equity of Kirloskar Industries?
The Ret. on equity of Kirloskar Industries Limited is 6.70%
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 NSE compared to Kirloskar Industries
What does Kirloskar Industries do?
Kirloskar Industries Limited manufactures and sells iron castings in India. It generates and sells wind-power electricity through seven windmills with total installed capacity of 5.6 megawatts in Maharashtra; owns lands and building, and apartments and offices; and invests in properties and securities. The company was formerly known as Kirloskar Oil Engines Limited and changed its name to Kirloskar Industries Limited in March 2010. The company was incorporated in 1978 and is based in Pune, India.
Companies with ret. on equity similar to Kirloskar Industries
- Old Point has Ret. on equity of 6.69%
- Befesa SA has Ret. on equity of 6.69%
- Newcrest Mining has Ret. on equity of 6.69%
- Newcrest Mining has Ret. on equity of 6.69%
- Newcrest Mining has Ret. on equity of 6.69%
- Vantage Towers Ag Na O.N has Ret. on equity of 6.70%
- Kirloskar Industries has Ret. on equity of 6.70%
- HB Stockholdings has Ret. on equity of 6.70%
- Malteries Franco-Belges Societe Anonyme has Ret. on equity of 6.70%
- Dish Network Corp has Ret. on equity of 6.70%
- National Bankshares has Ret. on equity of 6.70%
- Big River Industries has Ret. on equity of 6.70%
- Brookfield Infrastructure has Ret. on equity of 6.70%