GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Precision Wires India Ltd (NSE:PRECWIRE) » Definitions » 5-Year RORE %

Precision Wires India (NSE:PRECWIRE) 5-Year RORE % : 19.70% (As of Dec. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Precision Wires India 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. Precision Wires India's 5-Year RORE % for the quarter that ended in Dec. 2024 was 19.70%.

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

NSE:PRECWIRE's 5-Year RORE % is ranked better than
63.27% of 2502 companies
in the Industrial Products industry
Industry Median: 10.36 vs NSE:PRECWIRE: 19.70

Precision Wires India 5-Year RORE % Historical Data

The historical data trend for Precision Wires India'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.

Precision Wires India 5-Year RORE % Chart

Precision Wires India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
5-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.18 13.23 21.41 15.76 17.37

Precision Wires India Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 11.84 17.37 22.50 22.17 19.70

Competitive Comparison of Precision Wires India's 5-Year RORE %

For the Electrical Equipment & Parts subindustry, Precision Wires India'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.


Precision Wires India's 5-Year RORE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Precision Wires India's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where Precision Wires India's 5-Year RORE % falls into.



Precision Wires India 5-Year RORE % Calculation

Precision Wires India's 5-Year RORE % for the quarter that ended in Dec. 2024 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 )
=( 4.607-1.728 )/( 18.537-3.926 )
=2.879/14.611
=19.70 %

* 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. 2024 and 5-year before.


Precision Wires India  (NSE:PRECWIRE) 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.


Precision Wires India 5-Year RORE % Related Terms

Thank you for viewing the detailed overview of Precision Wires India's 5-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Precision Wires India Business Description

Traded in Other Exchanges
Address
Off Sayani Road, J. A. Raul Street, Saiman House, Prabhadevi, Mumbai, MH, IND, 400 025
Precision Wires India Ltd is engaged in the manufacture of winding wires made of copper. The company produces Enameled Round Winding Wires, Enameled Strips, Paper Insulated Copper Conductors, and Continuously Transposed Conductors and Paper/Mica/Nomex Insulated Copper Conductors (PICC) which are used by the electrical/electronics industries. The wires are used in equipment such as rotating machines, alternators, hermetic motors, power and distribution transformers, ballasts, auto electricals, household appliances and fans.

Precision Wires India Headlines

No Headlines