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Sharp Investments (BOM:538212) 3-Year RORE % : 133.33% (As of Mar. 2024)


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What is Sharp Investments 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. Sharp Investments's 3-Year RORE % for the quarter that ended in Mar. 2024 was 133.33%.

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

BOM:538212's 3-Year RORE % is ranked better than
92.91% of 508 companies
in the Credit Services industry
Industry Median: 7.665 vs BOM:538212: 133.33

Sharp Investments 3-Year RORE % Historical Data

The historical data trend for Sharp Investments'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.

Sharp Investments 3-Year RORE % Chart

Sharp Investments 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 - - -42.86 -150.00 133.33

Sharp Investments 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 -150.00 -20.00 -28.57 - 133.33

Competitive Comparison of Sharp Investments's 3-Year RORE %

For the Credit Services subindustry, Sharp Investments'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.


Sharp Investments's 3-Year RORE % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Sharp Investments's 3-Year RORE % distribution charts can be found below:

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



Sharp Investments 3-Year RORE % Calculation

Sharp Investments'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 )
=( 0.003--0.001 )/( 0.003-0 )
=0.004/0.003
=133.33 %

* 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.


Sharp Investments  (BOM:538212) 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.


Sharp Investments 3-Year RORE % Related Terms

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Sharp Investments (BOM:538212) Business Description

Traded in Other Exchanges
N/A
Address
14, N.S. Road, 2nd Floor, Kolkata, WB, IND, 700001
Sharp Investments Ltd operates as a non-banking financial services company. It is focused on providing corporate loans, personal loans, loans against shares and securities, and loans against properties. In addition, it is also engaged in trading of shares and securities, arbitrage business in stock and commodity market. The company serves financial services such as working capital loans and loans to commercial, industrial, and financial clients.

Sharp Investments (BOM:538212) Headlines

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