10X Capital Venture Acquisition Ret. on equity
What is the Ret. on equity of 10X Capital Venture Acquisition?
The Ret. on equity of 10X Capital Venture Acquisition is 7.62%
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 NYSE compared to 10X Capital Venture Acquisition
What does 10X Capital Venture Acquisition do?
10X Capital Venture Acquisition Corp. III does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to identify business opportunities in the field of consumer internet, e-commerce, software, healthcare, transportation/mobility, financial services, artificial intelligence, automation, data science, and Software-as-a-Service. The company was incorporated in 2021 and is based in New York, New York.
Companies with ret. on equity similar to 10X Capital Venture Acquisition
- Raven Industries has Ret. on equity of 7.61%
- Jiangsu Innovative Ecological New Materials has Ret. on equity of 7.61%
- Imaflex has Ret. on equity of 7.61%
- John Hancock Tax- Advantaged Dividend Income has Ret. on equity of 7.61%
- OceanFirst has Ret. on equity of 7.61%
- Assurant Inc has Ret. on equity of 7.61%
- 10X Capital Venture Acquisition has Ret. on equity of 7.62%
- Universal Stainless & Alloy Products has Ret. on equity of 7.62%
- Finsbury Growth & Income Trust Plc has Ret. on equity of 7.62%
- Grupo Rotoplas S.A.B. de C.V has Ret. on equity of 7.62%
- Laurentian Bank of Canada has Ret. on equity of 7.62%
- Apollo Pipes has Ret. on equity of 7.62%
- SINOPEC Engineering () Co has Ret. on equity of 7.62%