Pressure Sensitive Systems (India) (BOM:526773) ROCE % : 46.68% (As of Sep. 2024)

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What is Pressure Sensitive Systems (India) 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. Pressure Sensitive Systems (India)'s annualized ROCE % for the quarter that ended in Sep. 2024 was 46.68%.

Pressure Sensitive Systems (India) ROCE % Historical Data

The historical data trend for Pressure Sensitive Systems (India)'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.

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Pressure Sensitive Systems (India) ROCE % Chart

Pressure Sensitive Systems (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

-0.24

-1.27

-0.50

109.35

113.89

Pressure Sensitive Systems (India) Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															126.64	152.27	216.87	0.01	46.68

Pressure Sensitive Systems (India) ROCE % Calculation

Pressure Sensitive Systems (India)'s annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	1414.878	/	( ( (518.659 - 25.075)	+	(1991.684 - 0.611) )	/ 2 )
	=	1414.878	/	( (493.584	+	1991.073)	/ 2 )
	=	1414.878	/	1242.3285
	=	113.89 %

Pressure Sensitive Systems (India)'s ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	55.048	/	( ( (0 - 0)	+	(140.394 - 22.472) )	/ 1 )
	=	55.048	/	( ( 0	+	117.922 )	/ 1 )
	=	55.048	/	117.922
	=	46.68 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Pressure Sensitive Systems (India) (BOM:526773) 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.

Pressure Sensitive Systems (India) ROCE % Related Terms

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Pressure Sensitive Systems (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Pressure Sensitive Systems (India) Ltd (BOM:526773) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Sumel-11 Indian Textile Plaza, 441 Block-C 1-1 TPS-14, Shahibaug, Ahmedabad, GJ, IND, 380004

Website

https://www.pressuresensitive.xyz

Pressure Sensitive Systems (India) Ltd is engaged in manufacture of salt adhesive tapes like Nylon cloth Tapes, Rayon Cloth Tapes. single sided cotton cloth Tapes, Double sided cotton cloth Tapes and Fiber glass cloth Tapes.

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