GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » PVP Ventures Ltd (BOM:517556) » Definitions » ROCE %

PVP Ventures (BOM:517556) ROCE % : 164.33% (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is PVP Ventures ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. PVP Ventures's annualized ROCE % for the quarter that ended in Dec. 2023 was 164.33%.


PVP Ventures ROCE % Historical Data

The historical data trend for PVP Ventures's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PVP Ventures ROCE % Chart

PVP Ventures Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.41 -7.15 -11.85 -94.67 273.24

PVP Ventures Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.94 -200.68 -4.92 -8.00 164.33

PVP Ventures ROCE % Calculation

PVP Ventures's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=2726.528/( ( (5053.498 - 5491.893) + (3386.795 - 952.674) )/ 2 )
=2726.528/( (-438.395+2434.121)/ 2 )
=2726.528/997.863
=273.24 %

PVP Ventures's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=2802.004/( ( (2138.174 - 433.085) + (0 - 0) )/ 1 )
=2802.004/( ( 1705.089 + 0 )/ 1 )
=2802.004/1705.089
=164.33 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


PVP Ventures  (BOM:517556) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.


PVP Ventures ROCE % Related Terms

Thank you for viewing the detailed overview of PVP Ventures's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


PVP Ventures (BOM:517556) Business Description

Traded in Other Exchanges
Address
Plot No. 83 and 84, Road No. 02, 4th Floor, Punnaiah Plaza, Banjara Hills, Hyderabad, TG, IND, 500 034
PVP Ventures Ltd is a company engaged in the Real Estate or Urban Infrastructure, Media Production and Movie Financing related activities. Geographically, the group principally operates in India. The group have real estate properties located in the Indian cities of Chennai and Hyderabad.

PVP Ventures (BOM:517556) Headlines

No Headlines