Michang Oil Ind Co (XKRX:003650) ROE % Adjusted to Book Value : 58.55% (As of Mar. 2024)

View and export this data going back to 1989. Start your Free Trial

What is Michang Oil Ind Co ROE % Adjusted to Book Value?

Michang Oil Ind Co's ROE % for the quarter that ended in Mar. 2024 was 18.15%. Michang Oil Ind Co's PB Ratio for the quarter that ended in Mar. 2024 was 0.31. Michang Oil Ind Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 was 58.55%.

Michang Oil Ind Co ROE % Adjusted to Book Value Historical Data

The historical data trend for Michang Oil Ind Co'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.

* Premium members only.

Michang Oil Ind Co ROE % Adjusted to Book Value Chart

Michang Oil Ind Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROE % Adjusted to Book Value

Get a 7-Day Free Trial

14.85

21.03

28.60

22.09

46.30

Michang Oil Ind Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROE % Adjusted to Book Value	Get a 7-Day Free Trial															60.97	63.48	16.45	46.87	58.55

Competitive Comparison of Michang Oil Ind Co's ROE % Adjusted to Book Value

For the Oil & Gas Refining & Marketing subindustry, Michang Oil Ind Co'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.

Michang Oil Ind Co's ROE % Adjusted to Book Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Michang Oil Ind Co's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Michang Oil Ind Co's ROE % Adjusted to Book Value falls into.

Michang Oil Ind Co ROE % Adjusted to Book Value Calculation

Michang Oil Ind Co'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
	=	13.89%	/	0.30
	=	46.30%

Michang Oil Ind Co'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
	=	18.15%	/	0.31
	=	58.55%

Michang Oil Ind Co ROE % Adjusted to Book Value Related Terms

Thank you for viewing the detailed overview of Michang Oil Ind Co's ROE % Adjusted to Book Value provided by GuruFocus.com. Please click on the following links to see related term pages.

Michang Oil Ind Co (XKRX:003650) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Michang Oil Ind Co Ltd (XKRX:003650) » Definitions » ROE % Adjusted to Book Value

Comparable Companies

Traded in Other Exchanges

N/A

Address

241, Haeyang-ro, Yeongdo-gu, Busan, KOR

Website

http://www.michang.co.kr

Michang Oil Ind Co Ltd is engaged in the petrochemical business in South Korea. It offers automotive lubricants, including premium motor, gasoline motor, diesel motor, and automotive gear oils, as well as auto transmission fluids and other application motor oils; and industrial lubricants, such as turbine, hydraulic, compressor, and industrial gear oils, as well as heat transfer fluids.

Michang Oil Ind Co (XKRX:003650) Headlines

No Headlines