POSCO Inc Ret. on equity
What is the Ret. on equity of POSCO Inc?
The Ret. on equity of POSCO Holdings Inc is 10.25%
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 Materials sector on NYSE compared to POSCO Inc
What does POSCO Inc do?
POSCO is a South Korean steel-making company headquartered in Pohang, South Korea.
Companies with ret. on equity similar to POSCO Inc
- SUEZ SA has Ret. on equity of 10.24%
- Suez SA has Ret. on equity of 10.24%
- D. B. Corp has Ret. on equity of 10.25%
- Bajaj & Investment has Ret. on equity of 10.25%
- Renaissance Global has Ret. on equity of 10.25%
- Shanghai Fudan Microelectronics has Ret. on equity of 10.25%
- POSCO Inc has Ret. on equity of 10.25%
- Zenith has Ret. on equity of 10.25%
- Shanghai Kindly Medical Instruments Co has Ret. on equity of 10.25%
- Brickability Plc Ord Gbp0 has Ret. on equity of 10.26%
- F&G Annuities & Life Inc has Ret. on equity of 10.26%
- Banco Macro S.A has Ret. on equity of 10.26%
- Huntington Bancshares has Ret. on equity of 10.26%