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Asian Petroproducts & Exports (BOM:524434) 3-Year RORE % : -29.41% (As of Dec. 2023)


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What is Asian Petroproducts & Exports 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Asian Petroproducts & Exports's 3-Year RORE % for the quarter that ended in Dec. 2023 was -29.41%.

The industry rank for Asian Petroproducts & Exports's 3-Year RORE % or its related term are showing as below:

BOM:524434's 3-Year RORE % is ranked worse than
67.51% of 1499 companies
in the Chemicals industry
Industry Median: -6.34 vs BOM:524434: -29.41

Asian Petroproducts & Exports 3-Year RORE % Historical Data

The historical data trend for Asian Petroproducts & Exports's 3-Year RORE % 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.

Asian Petroproducts & Exports 3-Year RORE % Chart

Asian Petroproducts & Exports Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.84 -0.17 -13.50 9.07 -73.77

Asian Petroproducts & Exports Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
3-Year RORE % 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 -8.23 -73.77 -43.10 -47.37 -29.41

Competitive Comparison of Asian Petroproducts & Exports's 3-Year RORE %

For the Specialty Chemicals subindustry, Asian Petroproducts & Exports's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Asian Petroproducts & Exports's 3-Year RORE % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asian Petroproducts & Exports's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Asian Petroproducts & Exports's 3-Year RORE % falls into.



Asian Petroproducts & Exports 3-Year RORE % Calculation

Asian Petroproducts & Exports's 3-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( -0.13--0.43 )/( -1.02-0 )
=0.3/-1.02
=-29.41 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 3-year before.


Asian Petroproducts & Exports  (BOM:524434) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Asian Petroproducts & Exports 3-Year RORE % Related Terms

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Asian Petroproducts & Exports (BOM:524434) Business Description

Traded in Other Exchanges
N/A
Address
Chikuwadi, Near Jetalpur Road, 24, Suewernapuri Soceity, Alkapuri, Vadodara, GJ, IND, 390 007
Asian Petroproducts & Exports Ltd is engaged in the business of manufacturing specialty chemicals. The company manufactures chemicals based on Ethylene Oxide. The company offers Monoethanolamine, Diethanolamine, Triethanalomine, Ethoxylates of various moles, Lauryl alcohol ethoxylates and Steric acid ethoxylates. Its products are used in refineries, fertilizers, textiles industries, dyes industries, and pharmaceutical and detergent industries. Geographically operation is carried out in India.

Asian Petroproducts & Exports (BOM:524434) Headlines

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