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Power Grid Company of Bangladesh (DHA:POWERGRID) 3-Year RORE % : 100.40% (As of Dec. 2023)


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What is Power Grid Company of Bangladesh 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. Power Grid Company of Bangladesh's 3-Year RORE % for the quarter that ended in Dec. 2023 was 100.40%.

The industry rank for Power Grid Company of Bangladesh's 3-Year RORE % or its related term are showing as below:

DHA:POWERGRID's 3-Year RORE % is ranked better than
90.04% of 492 companies
in the Utilities - Regulated industry
Industry Median: 8.11 vs DHA:POWERGRID: 100.40

Power Grid Company of Bangladesh 3-Year RORE % Historical Data

The historical data trend for Power Grid Company of Bangladesh'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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Power Grid Company of Bangladesh 3-Year RORE % Chart

Power Grid Company of Bangladesh Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.58 -14.50 -20.62 -47.22 171.13

Power Grid Company of Bangladesh Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 259.55 215.45 171.13 157.42 100.40

Competitive Comparison of Power Grid Company of Bangladesh's 3-Year RORE %

For the Utilities - Regulated Electric subindustry, Power Grid Company of Bangladesh'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.


Power Grid Company of Bangladesh's 3-Year RORE % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Power Grid Company of Bangladesh's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Power Grid Company of Bangladesh's 3-Year RORE % falls into.



Power Grid Company of Bangladesh 3-Year RORE % Calculation

Power Grid Company of Bangladesh's 3-Year RORE % for the quarter that ended in Dec. 2023 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 )
=( -5.374-4.73 )/( -6.064-4 )
=-10.104/-10.064
=100.40 %

* 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. 2023 and 3-year before.


Power Grid Company of Bangladesh  (DHA:POWERGRID) 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.


Power Grid Company of Bangladesh 3-Year RORE % Related Terms

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Power Grid Company of Bangladesh (DHA:POWERGRID) Business Description

Traded in Other Exchanges
N/A
Address
PGCB Bhaban, Avenue-03, Jahurul Islam City, Aftabnagar, Badda, Dhaka, BGD, 1212
Power Grid Company of Bangladesh Ltd is involved in planning, promoting, developing, operating, and maintaining an integrated and efficient power transmission system/network throughout Bangladesh. It also provides transmission lines, sub-stations, load dispatch centers, communication facilities, and others.

Power Grid Company of Bangladesh (DHA:POWERGRID) Headlines

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