Ardmore Shipping (Ardmore Shipping) ROE % Adjusted to Book Value : 17.73% (As of Dec. 2023)

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What is Ardmore Shipping ROE % Adjusted to Book Value?

Ardmore Shipping's ROE % for the quarter that ended in Dec. 2023 was 19.15%. Ardmore Shipping's PB Ratio for the quarter that ended in Dec. 2023 was 1.08. Ardmore Shipping's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2023 was 17.73%.

Ardmore Shipping ROE % Adjusted to Book Value Historical Data

The historical data trend for Ardmore Shipping's ROE % Adjusted to Book Value 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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Ardmore Shipping ROE % Adjusted to Book Value Chart

Ardmore Shipping Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROE % Adjusted to Book Value

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-7.39

-5.50

-28.35

26.52

20.01

Ardmore Shipping Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROE % Adjusted to Book Value	Get a 7-Day Free Trial															35.97	27.63	18.10	14.89	17.73

Competitive Comparison of Ardmore Shipping's ROE % Adjusted to Book Value

For the Marine Shipping subindustry, Ardmore Shipping's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

Ardmore Shipping's ROE % Adjusted to Book Value Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Ardmore Shipping's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Ardmore Shipping's ROE % Adjusted to Book Value falls into.

Ardmore Shipping ROE % Adjusted to Book Value Calculation

Ardmore Shipping's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	21.61%	/	1.08
	=	20.01%

Ardmore Shipping's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	19.15%	/	1.08
	=	17.73%

Ardmore Shipping ROE % Adjusted to Book Value Related Terms

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Ardmore Shipping (Ardmore Shipping) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ardmore Shipping Corp (NYSE:ASC) » Definitions » ROE % Adjusted to Book Value

Comparable Companies

Traded in Other Exchanges

A61:Germany A61:Germany

Address

69 Pitts Bay Road, Belvedere Building, Ground Floor, Pembroke, Hamilton, BMU, HM08

Website

https://www.ardmoreshipping.com

Ardmore Shipping Corp owns and operates a fleet of mid-size product and chemical tankers, which provide seaborne transportation of petroleum products and chemicals across the globe. The company is focused on fuel efficiency and cost leadership, and it provides its shipping services to customers through voyage charters, commercial pools, and time charters. Its main customers are oil majors, national oil companies, oil and chemical traders, and chemical companies.