RHETAN.BO
Price:
$24.07
Market Cap:
$19.18B
Rhetan TMT Ltd. engages in the manufactures of TMT and round bars. Its products have been used in construction of dams, bridges, residential and commercial towers, and major infrastructure projects in Gujarat. The company was founded on June 26, 1984 and in headquartered in Ahmadabad, India.
Industry
Steel
IPO Date
Stock Exchange
BSE
Ticker
RHETAN.BO
According to Rhetan TMT Limited’s latest financial reports and current stock price. The company's current ROE is 5.83%. This represents a change of 303.91% compared to the average of 1.44% of the last 4 quarters.
The mean historical ROE of Rhetan TMT Limited over the last ten years is -23.53%. The current 5.83% ROE has changed -124.78% with respect to the historical average. Over the past ten years (40 quarters), RHETAN.BO's ROE was at its highest in in the June 2021 quarter at 5.28%. The ROE was at its lowest in in the September 2021 quarter at 0%.
Average
-23.53%
Median
4.35%
Minimum
-192.12%
Maximum
9.87%
Discovering the peaks and valleys of Rhetan TMT Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 144.36%
Maximum Annual ROE = 9.87%
Minimum Annual Increase = -100.89%
Minimum Annual ROE = -192.12%
| Year | ROE | Change |
|---|---|---|
| 2025 | 5.27% | 21.13% |
| 2024 | 4.35% | -31.67% |
| 2023 | 6.36% | -35.56% |
| 2022 | 9.87% | 475.61% |
| 2021 | 1.72% | -100.89% |
| 2020 | -192.12% | 144.36% |
The current ROE of Rhetan TMT Limited (RHETAN.BO) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
5.32%
5-year avg
5.51%
10-year avg
-23.53%
Rhetan TMT Limited’s ROE is greater than MSP Steel & Power Limited (-2.22%), greater than MSP Steel & Power Limited (-2.22%), less than Salasar Techno Engineering Limited (3.34%), less than Salasar Techno Engineering Limited (3.34%), less than Mukand Limited (8.53%), less than Mukand Limited (8.53%), less than Steelcast Limited (27.44%), less than Rama Steel Tubes Limited (5.98%), less than Rama Steel Tubes Limited (5.98%), less than Southern Petrochemical Industries Corporation Limited (13.61%),
| Company | ROE | Market cap |
|---|---|---|
| -2.22% | $20.72B | |
| -2.22% | $20.82B | |
| 3.34% | $15.72B | |
| 3.34% | $15.68B | |
| 8.53% | $19.20B | |
| 8.53% | $19.10B | |
| 27.44% | $21.94B | |
| 5.98% | $16.13B | |
| 5.98% | $16.13B | |
| 13.61% | $16.97B |
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