Comparing a company's return on equity (ROE) to its industry average or the ROE of similar companies can help investors determine whether the company is performing well or underperforming. Bhavya Rathod highlights how this can be used as an effective tool in the investment process

The stock has a PE of 12.99x whereas the sectoral PE is 34x with an ROE of 18 per cent respectively.   

In Q2FY23, net sales rose by 12.13 per cent and net profit skyrocketed 123.45 per cent over Q3FY22.  

With a market valuation of Rs 3,693 crore, the firm has a PE of 21.96 per cent and an ROE of 14.49 per cent. 

The stock gave multibagger returns of 414.9 per cent in just 6 months and 1,115.1 per cent in the last 1 year.

The stock achieved multibagger returns of 408.69 per cent in just 6 months and 632.45 per cent in the last year. 

The stock gave multibagger returns of 115.17 per cent in just 6 months. Today, the company saw a spurt in volume by more than 3.34 times on BSE. 

The stock has a PE multiple of 11.47 whereas the sectoral PE multiple is 22.72 and an ROE of 31.94 per cent. 

The stock now has a PE of 18.3 per cent, an ROE of 12.80 per cent and a 1-year CAGR of 22 per cent, respectively.

The stock has given multibagger returns of 623.25 per cent in the last two years, with a 52-week high of Rs 198.45 and a 52-week low of Rs 81.80.

Today, shares of Knowledge Marine & Engineering Works Ltd (KMEW) surged 12.75 per cent and reached a new 52-week high of Rs 1,146.35 apiece. The stock generated multibagger returns of 329.75 per cent in just 6 months and 661.75 per cent in 1 year.

The stock has a PE multiple of 8.98, while the sectoral PE multiple is 32.8, the ROE is 44.60 per cent and the ROCE is 45.74 per cent.