Is Return On Equity A Company’s Financial Barometer?
Is Return On Equity A Company’s Financial Barometer?
Significance of ROE
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
Low PE high ROE multibagger stock: This mid-cap company has successfully commissioned 100 TPD Sorbitol Unit!
The stock has a PE of 13.06x whereas the industry PE is 33.2x with an ROE of 25.19 per cent.
The stock has a PE of 13.06x whereas the industry PE is 33.2x with an ROE of 25.19 per cent.
List of companies with fair profit margins and trading at a concession to book value
A business with a low PBV ratio and a high ROE can make a good investment for a variety of reasons.
A business with a low PBV ratio and a high ROE can make a good investment for a variety of reasons.
This civil construction company wins a large EPC order in India and overseas; do you own it?
The business has received an order to implement an Advanced Distribution Management System (ADMS) in the Greater Mumbai area.
The business has received an order to implement an Advanced Distribution Management System (ADMS) in the Greater Mumbai area.
Don't miss action in this multibagger stock that has announced bonus shares!
The stock gave multibagger returns of 150.40 per cent from its 52-week low of Rs 250.
The stock gave multibagger returns of 150.40 per cent from its 52-week low of Rs 250.
Low PE high ROE multibagger stock: Watch out for this stock that skyrocketed over 12 per cent on March 17
The stock has a PE of 7x and an ROE of 25 per cent with multibagger returns of of 391.25 per cent in the last 3 years.
The stock has a PE of 7x and an ROE of 25 per cent with multibagger returns of of 391.25 per cent in the last 3 years.
Low PE high ROE stock: This mid-cap construction company declared the L1 (lowest) bidder for projects worth Rs 2004.43 crore!
The stock has a PE of 12.99x whereas the sectoral PE is 34x with an ROE of 18 per cent respectively.
The stock has a PE of 12.99x whereas the sectoral PE is 34x with an ROE of 18 per cent respectively.
Low PE High ROE stock: This small-cap company receives multiple projects worth Rs 123.38 crore!
The company's shares are trading at a PE of 18.22x whereas the sectoral PE is 37.90x and an ROE of 27.19 per cent
The company's shares are trading at a PE of 18.22x whereas the sectoral PE is 37.90x and an ROE of 27.19 per cent.
This small-cap company bags purchase order worth Rs 14.49 crore!
The stock returned 43.11 per cent in 1 year with an ROE of 143.99 per cent.
The stock returned 43.11 per cent in 1 year with an ROE of 143.99 per cent.
Low PE high ROE multibagger stock: Don’t miss action in this power stock that has announced stock split!
The stock has a PE of 10.57x whereas the sectoral PE is 23x with an ROE of 34.81 and multibagger returns of 397.96 per cent in the last 2 years.
The stock has a PE of 10.57x whereas the sectoral PE is 23x with an ROE of 34.81 and multibagger returns of 397.96 per cent in the last 2 years.
Watch out for these Low PE, High ROE stocks!
The benchmark indices ended the trading session higher on Friday, with the BSE Sensex Index and NSE Nifty-50 Index surging over 1 per cent each.
The benchmark indices ended the trading session higher on Friday, with the BSE Sensex Index and NSE Nifty-50 Index surging over 1 per cent each.
Low PE high ROE multibagger stock: This aerospace company has bagged an order worth Rs 6,828.36 crore!
The stock has a PE of 14.79x whereas the sectoral PE is 25x and an ROE of 29.4 per cent with multibagger returns of 158.86 per cent in the last 2 years.
The stock has a PE of 14.79x whereas the sectoral PE is 25x and an ROE of 29.4 per cent with multibagger returns of 158.86 per cent in the last 2 years.