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Gujarat State Petronet Ltd
NSE:GSPL

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Gujarat State Petronet Ltd Logo
Gujarat State Petronet Ltd
NSE:GSPL
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Price: 357.65 INR 1.36% Market Closed
Updated: Mar 28, 2024

ROE
Return on Equity

16.7%
Current
23%
Average
8.4%
Industry
Positive for the last year
16.7%
Positive average
23%
Worse than average
Better than industry value

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
16.7%
=
Net Income
15.6B
/
Equity
93.4B

ROE Across Competitors

ROE Comparison
Gujarat State Petronet Ltd Competitors

Country IN
Market Cap 201.8B INR
ROE
17%
Country ES
Market Cap 19.3B EUR
ROE
23%
Country US
Market Cap 17.9B USD
ROE
9%
Country IT
Market Cap 14.7B EUR
ROE
15%
Country IN
Market Cap 1.2T INR
ROE
12%
Country HK
Market Cap 110.7B HKD
ROE
9%
Country IN
Market Cap 1T INR
ROE
20%
Country JP
Market Cap 1.4T JPY
ROE
13%
Country JP
Market Cap 1.4T JPY
ROE
15%
Country CN
Market Cap 68.2B HKD
ROE
16%
Country CN
Market Cap 59.3B CNY
ROE
35%

ROE Distribution

ROE Distribution
Utilities Industry

Profitability Report

View the profitability report to see the full profitability analysis for Gujarat State Petronet Ltd.

See Also

Discover More
What is Return on Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
16.7%
=
Net Income
15.6B
/
Equity
93.4B
What is the ROE of Gujarat State Petronet Ltd?

Based on Gujarat State Petronet Ltd's most recent financial statements, the company has ROE of 16.7%.