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Sumitomo Rubber Industries Ltd
TSE:5110

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Sumitomo Rubber Industries Ltd Logo
Sumitomo Rubber Industries Ltd
TSE:5110
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Price: 1 850.5 JPY 0.46% Market Closed
Updated: Apr 27, 2024

ROE
Return on Equity

6.3%
Current
5%
Average
7.6%
Industry

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
6.3%
=
Net Income
37B
/
Equity
590.1B

ROE Across Competitors

ROE Comparison
Sumitomo Rubber Industries Ltd Competitors

Country JP
Market Cap 486.7B JPY
ROE
6%
Country JP
Market Cap 4.6T JPY
ROE
10%
Country FR
Market Cap 25.6B EUR
ROE
11%
Country CN
Market Cap 50.5B CNY
ROE
19%
Country IN
Market Cap 552.9B INR
ROE
13%
Country IT
Market Cap 6B EUR
ROE
9%
Country IN
Market Cap 459.1B INR
ROE
16%
Country KR
Market Cap 6.9T KRW
ROE
8%
Country CN
Market Cap 33.3B CNY
ROE
5%
Country TW
Market Cap 148.8B TWD
ROE
8%
Country JP
Market Cap 636.1B JPY
ROE
10%

Profitability Report

View the profitability report to see the full profitability analysis for Sumitomo Rubber Industries 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
6.3%
=
Net Income
37B
/
Equity
590.1B
What is the ROE of Sumitomo Rubber Industries Ltd?

Based on Sumitomo Rubber Industries Ltd's most recent financial statements, the company has ROE of 6.3%.