* 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.
Sharma East India Hospitals & Medical Research Return-on-Tangible-Equity Chart
Sharma East India Hospitals & Medical Research Annual Data
Competitive Comparison of Sharma East India Hospitals & Medical Research's Return-on-Tangible-Equity
For the Medical Care Facilities subindustry, Sharma East India Hospitals & Medical Research's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Sharma East India Hospitals & Medical Research's Return-on-Tangible-Equity Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Sharma East India Hospitals & Medical Research's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sharma East India Hospitals & Medical Research's Return-on-Tangible-Equity falls into.
Sharma East India Hospitals & Medical Research Return-on-Tangible-Equity Calculation
* 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 annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Sharma East India Hospitals & Medical Research (BOM:524548) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Sharma East India Hospitals & Medical Research Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Sharma East India Hospitals & Medical Research's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Sharma East India Hospitals & Medical Research (BOM:524548) Business Description
Sharma East India Hospitals & Medical Research Ltd is engaged in service activities related to the medical and health sciences. It provides healthcare services through the multi-specialty hospital in the name of Jaipur Hospital in Rajasthan. It provides services like joint replacement surgery, arthroscopy, cardiothoracic and vascular surgery, interventional cardiology like angiography and angioplasty, neurosurgery, and others.
Sharma East India Hospitals & Medical Research (BOM:524548) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:524548 has been successfully added to your 