PetroFrontier Ret. on equity
What is the Ret. on equity of PetroFrontier?
The Ret. on equity of PetroFrontier Corp. is -15.78%
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 TSXV compared to PetroFrontier
What does PetroFrontier do?
PetroFrontier Corp., a junior energy company, explores for and produces petroleum and natural gas in western Canada. It focuses on developing two Mannville heavy oil plays in the Cold Lake and Wabasca areas of Alberta. PetroFrontier Corp. was incorporated in 2009 and is headquartered in Calgary, Canada.
Companies with ret. on equity similar to PetroFrontier
- BeijingWest Industries International has Ret. on equity of -15.87%
- Tasman Resources Ltd has Ret. on equity of -15.86%
- Calamos Convertible Opportunities and Income Fund has Ret. on equity of -15.82%
- BlackBerry Ltd has Ret. on equity of -15.81%
- Torr Metals Inc has Ret. on equity of -15.81%
- A2Z Infra Engineering has Ret. on equity of -15.79%
- PetroFrontier has Ret. on equity of -15.78%
- Signal Gold has Ret. on equity of -15.78%
- Anaconda Mining has Ret. on equity of -15.78%
- Gungnir Resources has Ret. on equity of -15.77%
- Nxtdigital has Ret. on equity of -15.77%
- ITM Power Plc has Ret. on equity of -15.76%
- Orion Minerals has Ret. on equity of -15.74%