MRF Ret. on equity
What is the Ret. on equity of MRF?
The Ret. on equity of MRF Limited is 12.34%
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 BSE compared to MRF
What does MRF do?
MRF Limited, together with its subsidiaries, manufactures, distributes, and sells rubber products in India and internationally. The company offers rubber products, such as tyres, tubes, flaps, and tread rubber. It also engages in the paints and coats, toys, motorsports, and cricket training businesses. The company offers tyres for trucks, farm services, LCVs, SCVs, three wheelers, pick up, two wheelers, passenger cars, and OTRs. In addition, it operates MRF TireTok, MRF Tyredrome, MRF FASST, MRF Musclezone, and shops that offer computerized nitrogen inflation, tubeless repair, wheel alignment, wheel balancing and tyre changing, robotic wheel alignment, vehicle safety test lane, diagnostic wheel balancing, A/C recovery and recharging, electronic headlight alignment, nitrogen generation, special two-wheeler tyre changing, credit card facility, wheels removal and refitment, and tyre mounting and de-mounting services. The company sells its products through approximately 4,000 dealer networks. MRF Limited was founded in 1946 and is based in Chennai, India.
Companies with ret. on equity similar to MRF
- Shreyans Industries has Ret. on equity of 12.33%
- L.K. Technology has Ret. on equity of 12.34%
- Textron has Ret. on equity of 12.34%
- Autosports has Ret. on equity of 12.34%
- The PNC Services has Ret. on equity of 12.34%
- UMB has Ret. on equity of 12.34%
- MRF has Ret. on equity of 12.34%
- Jagsonpal Pharmaceuticals has Ret. on equity of 12.34%
- Powerlong Commercial Management has Ret. on equity of 12.34%
- BASSAC Societe anonyme has Ret. on equity of 12.35%
- Xinhua Winshare Publishing and Media Co has Ret. on equity of 12.35%
- Norcros Plc has Ret. on equity of 12.35%
- Mangalam Seeds has Ret. on equity of 12.35%