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Arunis Abode (BOM:526935) 3-Year RORE % : 31.02% (As of Mar. 2024)


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What is Arunis Abode 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. Arunis Abode's 3-Year RORE % for the quarter that ended in Mar. 2024 was 31.02%.

The industry rank for Arunis Abode's 3-Year RORE % or its related term are showing as below:

BOM:526935's 3-Year RORE % is ranked better than
71.94% of 759 companies
in the Capital Markets industry
Industry Median: 2.44 vs BOM:526935: 31.02

Arunis Abode 3-Year RORE % Historical Data

The historical data trend for Arunis Abode'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.

Arunis Abode 3-Year RORE % Chart

Arunis Abode 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 -154.75 214.53 24.16 -49.25 31.02

Arunis Abode Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -49.25 107.01 62.24 -58.33 31.02

Competitive Comparison of Arunis Abode's 3-Year RORE %

For the Capital Markets subindustry, Arunis Abode'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.


Arunis Abode's 3-Year RORE % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Arunis Abode's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Arunis Abode's 3-Year RORE % falls into.



Arunis Abode 3-Year RORE % Calculation

Arunis Abode's 3-Year RORE % for the quarter that ended in Mar. 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 )
=( 1.32-0.56 )/( 2.45-0 )
=0.76/2.45
=31.02 %

* 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 Mar. 2024 and 3-year before.


Arunis Abode  (BOM:526935) 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.


Arunis Abode 3-Year RORE % Related Terms

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Arunis Abode (BOM:526935) Business Description

Traded in Other Exchanges
N/A
Address
JN. Off S.V. Road & Kora Kendra Road, Office no. 501. F.P. No. 765, TPS 111, Borivali (West), Mumbai, MH, IND, 400092
Arunis Abode Ltd, formerly known as M.B. Parikh Finstocks Ltd, is engaged in the real estate business. The company is engaged in developing, redeveloping, furnishing, and maintaining real estate properties, including townships, commercial premises, hotels, resorts, hospitals, educational institutes, markets, offices, flats, etc. The company's projects include the redevelopment of Jay Dharma Krupa CHSL. Previously, the company was engaged in the trading of shares.

Arunis Abode (BOM:526935) Headlines

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