GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Saraswati Commercial (India) Ltd (BOM:512020) » Definitions » 3-Year RORE %

Saraswati Commercial (India) (BOM:512020) 3-Year RORE % : 31.88% (As of Dec. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Saraswati Commercial (India) 3-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. Saraswati Commercial (India)'s 3-Year RORE % for the quarter that ended in Dec. 2024 was 31.88%.

The industry rank for Saraswati Commercial (India)'s 3-Year RORE % or its related term are showing as below:

BOM:512020's 3-Year RORE % is ranked better than
75.22% of 1562 companies
in the Asset Management industry
Industry Median: -37.505 vs BOM:512020: 31.88

Saraswati Commercial (India) 3-Year RORE % Historical Data

The historical data trend for Saraswati Commercial (India)'s 3-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.

Saraswati Commercial (India) 3-Year RORE % Chart

Saraswati Commercial (India) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 173.34 97.21 -10.38 21.39

Saraswati Commercial (India) Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
3-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 2.73 21.39 49.47 68.39 31.88

Competitive Comparison of Saraswati Commercial (India)'s 3-Year RORE %

For the Asset Management subindustry, Saraswati Commercial (India)'s 3-Year RORE %, along with its competitors' market caps and 3-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.


Saraswati Commercial (India)'s 3-Year RORE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Saraswati Commercial (India)'s 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Saraswati Commercial (India)'s 3-Year RORE % falls into.


;
;

Saraswati Commercial (India) 3-Year RORE % Calculation

Saraswati Commercial (India)'s 3-Year RORE % for the quarter that ended in Dec. 2024 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 958.7-344.58 )/( 1926.18-0 )
=614.12/1926.18
=31.88 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2024 and 3-year before.


Saraswati Commercial (India)  (BOM:512020) 3-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, 3-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.


Saraswati Commercial (India) 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of Saraswati Commercial (India)'s 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Saraswati Commercial (India) Business Description

Traded in Other Exchanges
N/A
Address
209-210, Arcadia Building, 2nd Floor, Plot No. 195, Nariman Point, Mumbai, MH, IND, 400021
Saraswati Commercial (India) Ltd is an India-based non-banking financial company. it is engaged in the business of investments and trading in shares and securities and lending activities.

Saraswati Commercial (India) Headlines

No Headlines