Corvel Ret. on equity
What is the Ret. on equity of Corvel?
The Ret. on equity of Corvel Corp. is 32.25%
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 NASDAQ compared to Corvel
What does Corvel do?
together, let's do more. corvel is a leader of risk and healthcare management solutions to employers, third party administrators, insurance companies and government agencies. we are publicly traded (nasdaq:crvl) and annual revenues exceeded $493 million in fy2015. our continued customer growth is a testament to our financial stability and our significant investments in new systems and technologies allows us to continue to deliver industry-leading solutions to the marketplace. corvel has approximately 3,500 associates who serve more than 2,000 customers through a national branch office network covering all 50 states.
Companies with ret. on equity similar to Corvel
- Tibet Pharmaceuticals has Ret. on equity of 32.15%
- Sharda Motor Industries has Ret. on equity of 32.16%
- Rockwell Automation has Ret. on equity of 32.19%
- Foraco International SA has Ret. on equity of 32.19%
- BMO Capital and Income Investment Trust Plc has Ret. on equity of 32.21%
- Haverty Furniture Companies has Ret. on equity of 32.22%
- Corvel has Ret. on equity of 32.25%
- BIOREM has Ret. on equity of 32.27%
- Intense Technologies has Ret. on equity of 32.29%
- Aquila Resources has Ret. on equity of 32.30%
- GATX has Ret. on equity of 32.30%
- Varun Beverages has Ret. on equity of 32.36%
- Service International has Ret. on equity of 32.36%