Prakash Steelage Ltd
NSE:PRAKASHSTL
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
| Country | Company | Market Cap | ROE | ||
|---|---|---|---|---|---|
| IN |
P
|
Prakash Steelage Ltd
NSE:PRAKASHSTL
|
1.2B INR |
-356%
|
|
| ZA |
K
|
Kumba Iron Ore Ltd
JSE:KIO
|
97.2B Zac |
28%
|
|
| BR |
|
Vale SA
BOVESPA:VALE3
|
231.9B BRL |
16%
|
|
| AU |
|
Fortescue Metals Group Ltd
ASX:FMG
|
47.7B AUD |
20%
|
|
| AU |
F
|
Fortescue Ltd
XMUN:FVJ
|
27B EUR |
20%
|
|
| IN |
|
JSW Steel Ltd
NSE:JSWSTEEL
|
2.5T INR |
4%
|
|
| US |
|
Nucor Corp
NYSE:NUE
|
25.3B USD |
7%
|
|
| LU |
|
ArcelorMittal SA
AEX:MT
|
22.6B EUR |
2%
|
|
| IN |
|
Tata Steel Ltd
NSE:TATASTEEL
|
2T INR |
4%
|
|
| CN |
|
Baoshan Iron & Steel Co Ltd
SSE:600019
|
150.8B CNY |
4%
|
|
| JP |
|
Nippon Steel Corp
TSE:5401
|
3T JPY |
7%
|
Prakash Steelage Ltd
Glance View
Prakash Steelage Ltd. engages in the manufacturing of stainless steel, welded pipes, tubes and u-tubes. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2010-09-03. The firm operates through the Manufacturing and Trading of Stainless Steel Tubes & Pipes segment. Its pipes and tubes are available in various sizes. Its products are available in various conditions, such as As welded, Annealed/Unanneled, Bright Annealed, Annealed and Pickled, U-Bent, Bead Rolled, OD Conditioned and Straight Lengths. The company produces seamless and welded pipes and tubing in stainless steel, duplex, titanium and other high nickel alloy tubing. Its tubing is available in a range of grades and specifications, and it is used in a variety of applications in industries, such as automotive, pulp and paper, food, semiconductor manufacturing, petrochemicals, oil and gas, pharmaceutical and sugar industry, among others. The firm has an advanced tube bending facility with a capacity to cold bend tubes of various measurements.
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 Prakash Steelage Ltd's most recent financial statements, the company has ROE of -356.1%.
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