QSAM Biosciences Ret. on equity
What is the Ret. on equity of QSAM Biosciences?
The Ret. on equity of QSAM Biosciences, Inc. is 688.91%
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 Health Care sector on OTC compared to QSAM Biosciences
What does QSAM Biosciences do?
QSAM Biosciences, Inc., a clinical stage biotechnology company, develops drugs for the treatment of bone cancer. The company is involved in the development of CycloSam (Samaium-153 DOTMP), a clinical-stage novel radiopharmaceutical for the treatment of bone cancer and related diseases. It has a license agreement with IGL Pharma, Inc. The company was formerly known as Q2Earth, Inc. and changed its name to QSAM Biosciences, Inc. in September 2020. QSAM Biosciences, Inc. was founded in 2004 and is based in Austin, Texas.
Companies with ret. on equity similar to QSAM Biosciences
- Conversion Labs has Ret. on equity of 674.06%
- Home Depot has Ret. on equity of 678.08%
- Redhill Biopharma has Ret. on equity of 679.58%
- MGC Pharmaceuticals has Ret. on equity of 681.43%
- Simble Solutions has Ret. on equity of 684.86%
- Traffic Technologies has Ret. on equity of 686.74%
- QSAM Biosciences has Ret. on equity of 688.91%
- ePlay Digital has Ret. on equity of 697.63%
- Pennsylvania Real Estate Investment Trust has Ret. on equity of 703.47%
- Medcolcanna Organics has Ret. on equity of 706.80%
- Canoe Mining Ventures has Ret. on equity of 718.52%
- Regional Health Properties Inc has Ret. on equity of 729.32%
- CMI has Ret. on equity of 729.50%