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Mitsuboshi Belting Ltd
TSE:5192

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Mitsuboshi Belting Ltd Logo
Mitsuboshi Belting Ltd
TSE:5192
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Price: 4 830 JPY 0.52% Market Closed
Updated: Apr 26, 2024

ROE
Return on Equity

7.5%
Current
7%
Average
7.5%
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
7.5%
=
Net Income
6.6B
/
Equity
89.3B

ROE Across Competitors

ROE Comparison
Mitsuboshi Belting Ltd Competitors

Country JP
Market Cap 137B JPY
ROE
8%
Country SE
Market Cap 944.4B SEK
ROE
33%
Country US
Market Cap 74.4B USD
ROE
97%
Country US
Market Cap 70.8B USD
ROE
26%
Country US
Market Cap 37.7B USD
ROE
-29%
Country US
Market Cap 37.6B USD
ROE
8%
Country JP
Market Cap 5.2T JPY
ROE
11%
Country US
Market Cap 31.7B USD
ROE
9%
Country JP
Market Cap 4.5T JPY
ROE
11%
Country JP
Market Cap 4.3T JPY
ROE
9%
Country CH
Market Cap 24.6B CHF
ROE
14%

Profitability Report

View the profitability report to see the full profitability analysis for Mitsuboshi Belting 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
7.5%
=
Net Income
6.6B
/
Equity
89.3B
What is the ROE of Mitsuboshi Belting Ltd?

Based on Mitsuboshi Belting Ltd's most recent financial statements, the company has ROE of 7.5%.