Binny Ret. on equity

What is the Ret. on equity of Binny?

The Ret. on equity of Binny Limited is -4.32%

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.

What does Binny do?

Binny Limited operates in the real estate business in India. It focuses on developing a portfolio of commercial, retail, entertainment, and hospitality properties. The company was founded in 1799 and is based in Chennai, India.

Companies with ret. on equity similar to Binny

MEIGU Technology has Ret. on equity of -4.36%
V2 Retail has Ret. on equity of -4.35%
Urban Tea Inc has Ret. on equity of -4.35%
Ramelius Resources has Ret. on equity of -4.34%
Yashili International Ltd has Ret. on equity of -4.34%
Tian Ge Interactive has Ret. on equity of -4.33%
Binny has Ret. on equity of -4.32%
Bhartiya International has Ret. on equity of -4.32%
ENM has Ret. on equity of -4.32%
China Partytime Culture has Ret. on equity of -4.31%
Eaton Vance Senior Income Trust has Ret. on equity of -4.30%
HEG has Ret. on equity of -4.30%
Mediawan SA has Ret. on equity of -4.30%