Grayscale Ethereum Mini Trust Ret. on equity
What is the Ret. on equity of Grayscale Ethereum Mini Trust?
The Ret. on equity of Grayscale Ethereum Mini Trust is 8.56%
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 Consumer Discretionary sector on NYSE compared to Grayscale Ethereum Mini Trust
Companies with ret. on equity similar to Grayscale Ethereum Mini Trust
- Beng Soon Mach Hldg Ltd has Ret. on equity of 8.55%
- ABM Industries has Ret. on equity of 8.55%
- Advanced Medical Solutions Plc has Ret. on equity of 8.55%
- Tasty Bite Eatables has Ret. on equity of 8.55%
- EPR Properties has Ret. on equity of 8.55%
- SpareBank 1 BV has Ret. on equity of 8.56%
- Grayscale Ethereum Mini Trust has Ret. on equity of 8.56%
- Balkrishna Paper Mills has Ret. on equity of 8.56%
- Jacobs Engineering has Ret. on equity of 8.56%
- Petrus Resources has Ret. on equity of 8.56%
- Sinopec Oilfield Service has Ret. on equity of 8.56%
- Fortive Corp has Ret. on equity of 8.56%
- Magna International has Ret. on equity of 8.57%