GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Jumbo Bag Ltd (BOM:516078) » Definitions » 10-Year RORE %

Jumbo Bag (BOM:516078) 10-Year RORE % : 9.78% (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Jumbo Bag 10-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Jumbo Bag's 10-Year RORE % for the quarter that ended in Dec. 2023 was 9.78%.

The industry rank for Jumbo Bag's 10-Year RORE % or its related term are showing as below:

BOM:516078's 10-Year RORE % is ranked better than
57.84% of 268 companies
in the Packaging & Containers industry
Industry Median: 6.3 vs BOM:516078: 9.78

Jumbo Bag 10-Year RORE % Historical Data

The historical data trend for Jumbo Bag's 10-Year RORE % 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.

Jumbo Bag 10-Year RORE % Chart

Jumbo Bag Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -4.17 14.35 24.73

Jumbo Bag Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
10-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.75 24.73 20.25 19.64 9.78

Competitive Comparison of Jumbo Bag's 10-Year RORE %

For the Packaging & Containers subindustry, Jumbo Bag's 10-Year RORE %, along with its competitors' market caps and 10-Year RORE % 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.


Jumbo Bag's 10-Year RORE % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Jumbo Bag's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Jumbo Bag's 10-Year RORE % falls into.



Jumbo Bag 10-Year RORE % Calculation

Jumbo Bag's 10-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( 0.92-0.101 )/( 8.377-0 )
=0.819/8.377
=9.78 %

* 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.

In the calculation of 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 10-year before.


Jumbo Bag  (BOM:516078) 10-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 10-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Jumbo Bag 10-Year RORE % Related Terms

Thank you for viewing the detailed overview of Jumbo Bag's 10-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Jumbo Bag (BOM:516078) Business Description

Traded in Other Exchanges
N/A
Address
1st Floor, Nowroji Road, Chetpet, S.K. Enclave, New No. 4 (Old No. 47), Chennai, TN, IND, 600 031
Jumbo Bag Ltd is an India-based company. The company is engaged in the manufacturing of Flexible Intermediate Bulk Bags (FIBC bags) generally used for industrial purposes. Its operating segment includes Manufacturing and Trading. The Trading segment involves trading of Polymers. It generates maximum revenue from the Manufacturing segment. The company products are widely used for storage, transportation and handling of powder, flake or granular materials.

Jumbo Bag (BOM:516078) Headlines

No Headlines