Sterling Plc Ret. on equity
What is the Ret. on equity of Sterling Plc?
The Ret. on equity of Sterling Energy Plc is -2.84%
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 Energy sector on LSE compared to Sterling Plc
What does Sterling Plc do?
Sterling Energy plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa and the Middle East. It is involved in the appraisal, exploration, development, and production of oil and gas. The company holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland. The company was incorporated in 1983 and is headquartered in London, the United Kingdom.
Companies with ret. on equity similar to Sterling Plc
- TZ has Ret. on equity of -2.87%
- Nuveen Senior Income Fund has Ret. on equity of -2.86%
- Magna Terra Minerals has Ret. on equity of -2.85%
- HomeStreet Inc has Ret. on equity of -2.85%
- TriplePoint Venture Growth BDC Corp has Ret. on equity of -2.84%
- Ucal Fuel Systems has Ret. on equity of -2.84%
- Sterling Plc has Ret. on equity of -2.84%
- Pfizer has Ret. on equity of -2.84%
- Heartland Express has Ret. on equity of -2.84%
- CGG has Ret. on equity of -2.82%
- Hans has Ret. on equity of -2.82%
- Hailiang International has Ret. on equity of -2.82%
- Permanent TSB plc has Ret. on equity of -2.81%