Frontline Plc Ret. on equity
What is the Ret. on equity of Frontline Plc?
The Ret. on equity of Frontline Plc is 33.40%
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 Industrials sector on NYSE compared to Frontline Plc
What does Frontline Plc do?
Frontline Ltd. is the fourth largest oil tanker shipping company, based in Hamilton, Bermuda and controlled by John Fredriksen. Its primary business is transporting crude oil.
Companies with ret. on equity similar to Frontline Plc
- Nxp Semiconductors Eo ,20 has Ret. on equity of 33.37%
- AJ Bell PLC has Ret. on equity of 33.37%
- Eni S.p.A has Ret. on equity of 33.37%
- Marico has Ret. on equity of 33.37%
- Procter & Gamble Health has Ret. on equity of 33.37%
- Marathon Oil has Ret. on equity of 33.38%
- Frontline Plc has Ret. on equity of 33.40%
- Hamilton Lane Inc has Ret. on equity of 33.40%
- Linde India has Ret. on equity of 33.40%
- American Express has Ret. on equity of 33.40%
- American Express has Ret. on equity of 33.40%
- Yu PLC has Ret. on equity of 33.41%
- Tata Steel BSL has Ret. on equity of 33.42%