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NRB Bearings (NSE:NRBBEARING) 3-Year RORE % : 10.72% (As of Dec. 2024)


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What is NRB Bearings 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. NRB Bearings's 3-Year RORE % for the quarter that ended in Dec. 2024 was 10.72%.

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

NSE:NRBBEARING's 3-Year RORE % is ranked better than
54.01% of 1246 companies
in the Vehicles & Parts industry
Industry Median: 5.86 vs NSE:NRBBEARING: 10.72

NRB Bearings 3-Year RORE % Historical Data

The historical data trend for NRB Bearings'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.

NRB Bearings 3-Year RORE % Chart

NRB Bearings 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 - -36.16 33.87 20.25 49.88

NRB Bearings 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 45.14 49.88 48.25 52.21 10.72

Competitive Comparison of NRB Bearings's 3-Year RORE %

For the Auto Parts subindustry, NRB Bearings'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.


NRB Bearings's 3-Year RORE % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NRB Bearings's 3-Year RORE % distribution charts can be found below:

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


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NRB Bearings 3-Year RORE % Calculation

NRB Bearings'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 )
=( 11.63-7.881 )/( 44.561-9.6 )
=3.749/34.961
=10.72 %

* 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.


NRB Bearings  (NSE:NRBBEARING) 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.


NRB Bearings 3-Year RORE % Related Terms

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NRB Bearings Business Description

Traded in Other Exchanges
Address
Dhannur, 15, Sir P.M. Road, Fort, Mumbai, MH, IND, 400 001
NRB Bearings Ltd is an Indian company engaged in the ball and roller bearing business. It manufactures and sells needle roller bushes and cage, ball and roller bearings, and automobile components. Some of the company's products include Cylindrical roller bearings, Crank pins, Thrust bearings, Rocker-arm bearings, Drawn cup needle bearings, and others. Company has a single reportable segment of ball and roller bearings. Geographically, the group has a business presence in India and other countries, of which it generates a majority of its revenue from India.

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