Vedant Asset (BOM:543623) ROE % Adjusted to Book Value : 2.99% (As of Mar. 2024)

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What is Vedant Asset ROE % Adjusted to Book Value?

Vedant Asset's ROE % for the quarter that ended in Mar. 2024 was 5.69%. Vedant Asset's PB Ratio for the quarter that ended in Mar. 2024 was 1.90. Vedant Asset's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 was 2.99%.

Vedant Asset ROE % Adjusted to Book Value Historical Data

The historical data trend for Vedant Asset'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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Vedant Asset ROE % Adjusted to Book Value Chart

Vedant Asset Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROE % Adjusted to Book Value

3.61

2.73

Vedant Asset Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
ROE % Adjusted to Book Value	Get a 7-Day Free Trial			-	-	2.12	2.11	2.99

Competitive Comparison of Vedant Asset's ROE % Adjusted to Book Value

For the Asset Management subindustry, Vedant Asset'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.

Vedant Asset's ROE % Adjusted to Book Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Vedant Asset's ROE % Adjusted to Book Value distribution charts can be found below:

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

Vedant Asset ROE % Adjusted to Book Value Calculation

Vedant Asset's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2024 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	5.18%	/	1.90
	=	2.73%

Vedant Asset's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	5.69%	/	1.90
	=	2.99%

Vedant Asset ROE % Adjusted to Book Value Related Terms

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Vedant Asset (BOM:543623) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Vedant Asset Ltd (BOM:543623) » Definitions » ROE % Adjusted to Book Value

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 rd Floor, Gayways House, Pee Pee Compound, Ranchi, JH, IND, 834001

Website

https://www.vedantasset.com

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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