Max Services Ret. on equity
What is the Ret. on equity of Max Services?
The Ret. on equity of Max Financial Services Limited is 7.73%
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 Max Services
What does Max Services do?
Max Financial Services Limited, through its subsidiary, Max Life Insurance Company Limited, provides life insurance products in India. The company offers a range of participating, non-participating, and linked products covering life insurance, pension, and health benefits, including riders for individual and group segments. Its products are distributed through individual and corporate agents, banks, brokers, and other channels. The company also engages in the treasury investment activities. The company was formerly known as Max India Limited and changed its name to Max Financial Services Limited in January 2016. Max Financial Services Limited was incorporated in 1988 and is based in Noida, India.
Companies with ret. on equity similar to Max Services
- Kinder Morgan P Dl ,01 has Ret. on equity of 7.72%
- AURES Technologies has Ret. on equity of 7.72%
- Datadog Inc has Ret. on equity of 7.73%
- Transcontinental has Ret. on equity of 7.73%
- HMS Corp has Ret. on equity of 7.73%
- Phyto Chem (India) has Ret. on equity of 7.73%
- Max Services has Ret. on equity of 7.73%
- Four Corners Property Trust Inc has Ret. on equity of 7.74%
- Middlefield Banc has Ret. on equity of 7.74%
- Spire has Ret. on equity of 7.74%
- The Hanover Insurance has Ret. on equity of 7.74%
- Tubacex, S.A has Ret. on equity of 7.75%
- Intact has Ret. on equity of 7.75%