Garmin (MEX:GRMN) ROE % Adjusted to Book Value : 5.50% (As of Sep. 2024)

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What is Garmin ROE % Adjusted to Book Value?

Garmin's ROE % for the quarter that ended in Sep. 2024 was 22.77%. Garmin's PB Ratio for the quarter that ended in Sep. 2024 was 4.14. Garmin's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2024 was 5.50%.

Garmin ROE % Adjusted to Book Value Historical Data

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

Garmin Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROE % Adjusted to Book Value

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4.78

4.37

5.90

6.36

Garmin Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROE % Adjusted to Book Value	Get a 7-Day Free Trial															5.40	11.17	3.93	3.95	5.50

Competitive Comparison of Garmin's ROE % Adjusted to Book Value

For the Scientific & Technical Instruments subindustry, Garmin'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.

Garmin's ROE % Adjusted to Book Value Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Garmin's ROE % Adjusted to Book Value distribution charts can be found below:

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

Garmin ROE % Adjusted to Book Value Calculation

Garmin'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
	=	18.24%	/	2.87
	=	6.36%

Garmin's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2024 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	22.77%	/	4.14
	=	5.50%

Garmin ROE % Adjusted to Book Value Related Terms

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Garmin Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Garmin Ltd (MEX:GRMN) » Definitions » ROE % Adjusted to Book Value

Comparable Companies

Traded in Other Exchanges

GRMN:USA G1RM34:Brazil GRMN:Argentina

Address

Muhlentalstrasse 2, Schaffhausen, CHE, 8200

Website

https://www.garmin.com

Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing, among many others. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.