Trecora Resources Ret. on equity
What is the Ret. on equity of Trecora Resources?
The Ret. on equity of Trecora Resources is 4.51%
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 Trecora Resources
What does Trecora Resources do?
Trecora Resources owns and operates a specialty petrochemicals facility specializing in high purity hydrocarbons and other petrochemical manufacturing and a specialty wax facility, both located in Texas, and provides custom processing services at both facilities.
Companies with ret. on equity similar to Trecora Resources
- Sinco Pharmaceuticals has Ret. on equity of 4.49%
- Bang Overseas has Ret. on equity of 4.49%
- Carlton Investments has Ret. on equity of 4.49%
- Texmo Pipes and Products has Ret. on equity of 4.50%
- PHX Minerals Inc has Ret. on equity of 4.50%
- Cords Cable Industries has Ret. on equity of 4.50%
- Trecora Resources has Ret. on equity of 4.51%
- Seplat Petroleum Development Co has Ret. on equity of 4.51%
- Lisi S.A has Ret. on equity of 4.51%
- TELUS has Ret. on equity of 4.51%
- Djerriwarrh Investments has Ret. on equity of 4.51%
- EP Global Opportunities Trust Plc has Ret. on equity of 4.52%
- Rexnord Electronics and Controls has Ret. on equity of 4.52%