SEL Manufacturing Ret. on equity
What is the Ret. on equity of SEL Manufacturing?
The Ret. on equity of SEL Manufacturing Company Limited is -166.37%
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 NSE compared to SEL Manufacturing
What does SEL Manufacturing do?
SEL Manufacturing Company Limited, an integrated textile company, engages in the spinning, knitting, and processing of yarns and fabrics in India and internationally. The company offers cotton combed/carded knitting yarns, slub yarns, organic cotton yarns, poly/cotton blends, TFO double yarns, elitwist yarns, compact yarns, polyester/viscose blended yarns, cotton/modal blends, cotton bamboo blends, zero twist yarns, and melange yarns. It also provides terry towels, including beach, bath, kitchen, Christmas, and embroidered/embellished towels, as well as terry made ups; and readymade garments, such as T-shirts, tops, inner wears, night suits, boxers, sweaters, etc. for men and boys, and women and girls, as well as infants, toddlers, and kids. In addition, the company offers knitted fabrics consisting of single jersey, pique, sheer jersey, interlock, waffle, ottoman, flat back rib, yarn dyed striper, mini-jacquard, electronic jacquard, velour, pointel, suede, rib, variegated rib, cotton fleece, and polyester fleece fabrics, as well as knitted garments, processed fabrics, and various kinds of yarn. SEL Manufacturing Company Limited was founded in 1969 and is based in Ludhiana, India.
Companies with ret. on equity similar to SEL Manufacturing
- Fangdd Network Ltd has Ret. on equity of -167.70%
- Blina Minerals NL has Ret. on equity of -167.66%
- Palamina has Ret. on equity of -167.47%
- windeln.de SE has Ret. on equity of -167.30%
- BigCommerce has Ret. on equity of -167.14%
- Vine has Ret. on equity of -166.84%
- SEL Manufacturing has Ret. on equity of -166.37%
- Identitii has Ret. on equity of -166.18%
- Nanoco Plc has Ret. on equity of -165.47%
- Catenae Innovation Plc has Ret. on equity of -165.39%
- Anglo African Agriculture Plc has Ret. on equity of -165.30%
- Milestone Pharmaceuticals Inc has Ret. on equity of -165.26%
- ElectroCore Inc has Ret. on equity of -165.17%