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