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Gretexorate Services (BOM:543324) 3-Year RORE % : 3.52% (As of Sep. 2024)


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What is Gretexorate Services 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. Gretexorate Services's 3-Year RORE % for the quarter that ended in Sep. 2024 was 3.52%.

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

BOM:543324's 3-Year RORE % is ranked worse than
52.51% of 756 companies
in the Capital Markets industry
Industry Median: 5.855 vs BOM:543324: 3.52

Gretexorate Services 3-Year RORE % Historical Data

The historical data trend for Gretexorate Services'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.

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Gretexorate Services 3-Year RORE % Chart

Gretexorate Services Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year RORE %
Get a 7-Day Free Trial - - - - 28.29

Gretexorate Services Quarterly Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -22.77 - 28.29 - 3.52

Competitive Comparison of Gretexorate Services's 3-Year RORE %

For the Capital Markets subindustry, Gretexorate Services'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.


Gretexorate Services's 3-Year RORE % Distribution in the Capital Markets Industry

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

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



Gretexorate Services 3-Year RORE % Calculation

Gretexorate Services's 3-Year RORE % for the quarter that ended in Sep. 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 )
=( 32.44-29.306 )/( 90.072-1.085 )
=3.134/88.987
=3.52 %

* 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 Sep. 2024 and 3-year before.


Gretexorate Services  (BOM:543324) 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.


Gretexorate Services 3-Year RORE % Related Terms

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Gretexorate Services Business Description

Traded in Other Exchanges
N/A
Address
9-15, Homi Modi Street, Office No. 13, 1st Floor, New Bansilal Building, Near Bombay Stock Exchange, Fort, Mumbai, MH, IND, 400 001
Gretex Corporate Services Ltd is engaged in the business of Merchant Banking and acts as an agent of and or dealers in the securities in the course of Merchant Banking Business.

Gretexorate Services Headlines

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