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Vedant Asset (BOM:543623) EBIT per Share : ₹1.35 (TTM As of Mar. 2024)


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What is Vedant Asset EBIT per Share?

Vedant Asset's EBIT per Share for the six months ended in Mar. 2024 was ₹0.76. Its EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1.35.

During the past 12 months, the average EBIT per Share Growth Rate of Vedant Asset was -180.40% per year. During the past 3 years, the average EBIT per Share Growth Rate was -205.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.

The historical rank and industry rank for Vedant Asset's EBIT per Share or its related term are showing as below:

BOM:543623' s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -205.2   Med: -64.3   Max: 76.6
Current: -205.2

During the past 5 years, the highest 3-Year average EBIT per Share Growth Rate of Vedant Asset was 76.60% per year. The lowest was -205.20% per year. And the median was -64.30% per year.

BOM:543623's 3-Year EBIT Growth Rate is ranked worse than
98.49% of 465 companies
in the Asset Management industry
Industry Median: 4.5 vs BOM:543623: -205.20

Vedant Asset's EBIT for the six months ended in Mar. 2024 was ₹2.07 Mil.


Vedant Asset EBIT per Share Historical Data

The historical data trend for Vedant Asset's EBIT per Share 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.

Vedant Asset EBIT per Share Chart

Vedant Asset Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
EBIT per Share
0.15 -0.02 0.60 1.68 1.35

Vedant Asset Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
EBIT per Share Get a 7-Day Free Trial - 0.87 0.58 0.60 0.76

Vedant Asset EBIT per Share Calculation

EBIT per Share is the amount of Earnings Before Interest and Taxes (EBIT) per outstanding share of the company's stock.

Earnings Before Interest and Taxes (EBIT) is what the company earns before it expenses interest and taxes.

Vedant Asset's EBIT per Share for the fiscal year that ended in Mar. 2024 is calculated as

EBIT per Share(A: Mar. 2024 )
=EBIT/Shares Outstanding (Diluted Average)
=3.723/2.755
=1.35

Vedant Asset's EBIT per Share for the quarter that ended in Mar. 2024 is calculated as

EBIT per Share(Q: Mar. 2024 )
=EBIT/Shares Outstanding (Diluted Average)
=2.067/2.726
=0.76

EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹1.35

* 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.


Vedant Asset  (BOM:543623) EBIT per Share Explanation

EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.


Vedant Asset EBIT per Share Related Terms

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Vedant Asset (BOM:543623) Business Description

Traded in Other Exchanges
N/A
Address
3 rd Floor, Gayways House, Pee Pee Compound, Ranchi, JH, IND, 834001
Vedant Asset Ltd is engaged in a Financial Investment Super Market for private and rural investors. The core business is to earn revenue from brokerage and commission by managing funds of investors with various mutual fund houses and providing Banking Correspondence Services in association with various banks.

Vedant Asset (BOM:543623) Headlines

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