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Palm Jewels (BOM:541444) 5-Year RORE % : 0.42% (As of Dec. 2023)


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What is Palm Jewels 5-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. Palm Jewels's 5-Year RORE % for the quarter that ended in Dec. 2023 was 0.42%.

The industry rank for Palm Jewels's 5-Year RORE % or its related term are showing as below:

BOM:541444's 5-Year RORE % is ranked worse than
57.89% of 900 companies
in the Retail - Cyclical industry
Industry Median: 6.685 vs BOM:541444: 0.42

Palm Jewels 5-Year RORE % Historical Data

The historical data trend for Palm Jewels's 5-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.

Palm Jewels 5-Year RORE % Chart

Palm Jewels Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
5-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 11.76

Palm Jewels Quarterly Data
Sep18 Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
5-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 - 11.76 - 15.97 0.42

Competitive Comparison of Palm Jewels's 5-Year RORE %

For the Luxury Goods subindustry, Palm Jewels's 5-Year RORE %, along with its competitors' market caps and 5-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.


Palm Jewels's 5-Year RORE % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Palm Jewels's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where Palm Jewels's 5-Year RORE % falls into.



Palm Jewels 5-Year RORE % Calculation

Palm Jewels's 5-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

5-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 5-year -Cumulative Dividends per Share for 5-year )
=( 0.4-0.393 )/( 1.663-0 )
=0.007/1.663
=0.42 %

* 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 5-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 5-year before.


Palm Jewels  (BOM:541444) 5-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, 5-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.


Palm Jewels 5-Year RORE % Related Terms

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Palm Jewels (BOM:541444) Business Description

Traded in Other Exchanges
N/A
Address
Chimanlal Girdharlal Road, Near Lal Bunglow, C-205, D-205, 2nd Floor, Super Mall, Navrangpura City, Ahmedabad, GJ, IND, 380009
Palm Jewels Ltd is an India based company engaged in the wholesale business of gold jewellery. Its products include gold-based chains, bracelets, and necklaces. The company markets its products directly to other jewellery stores; and through B2B marketing and direct/outbound marketing.

Palm Jewels (BOM:541444) Headlines

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