STEL Ret. on equity
What is the Ret. on equity of STEL?
The Ret. on equity of STEL Holdings Limited is 1.35%
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 Staples sector on NSE compared to STEL
What does STEL do?
STEL Holdings Limited, an investment holding company, invests in the securities of group companies in India. The company was formerly known as Sentinel Tea and Exports Limited and changed its name to STEL Holdings Limited in July 2011. STEL Holdings Limited was incorporated in 1990 and is based in Kochi, India.
Companies with ret. on equity similar to STEL
- China Art has Ret. on equity of 1.33%
- CQS New City High Yield Fund has Ret. on equity of 1.34%
- MOS House has Ret. on equity of 1.34%
- Hongta Securities has Ret. on equity of 1.34%
- Shakti Pumps (India) has Ret. on equity of 1.34%
- Itafos has Ret. on equity of 1.34%
- STEL has Ret. on equity of 1.35%
- ICG Enterprise Trust Plc has Ret. on equity of 1.35%
- Vtex has Ret. on equity of 1.35%
- Bombay Rayon Fashions has Ret. on equity of 1.35%
- LongiTech Smart has Ret. on equity of 1.35%
- Bango plc has Ret. on equity of 1.36%
- China International Marine Containers () Co has Ret. on equity of 1.36%