Precious Financial Statements From 2010 to 2024
| PSL Stock | THB 7.55 0.05 0.67% |
Check Precious Shipping financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Precious Shipping's main balance sheet or income statement drivers, such as , as well as many indicators such as . Precious financial statements analysis is a perfect complement when working with Precious Shipping Valuation or Volatility modules.
Precious |
Precious Shipping Public Company Return On Equity Analysis
Precious Shipping's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Precious Shipping Return On Equity | 0.38 |
Most of Precious Shipping's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Precious Shipping Public is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Precious Shipping Public has a Return On Equity of 0.3817. This is 13.25% lower than that of the Marine sector and significantly higher than that of the Industrials industry. The return on equity for all Thailand stocks is notably lower than that of the firm.
Precious Shipping Public Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Precious Shipping's current stock value. Our valuation model uses many indicators to compare Precious Shipping value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Precious Shipping competition to find correlations between indicators driving Precious Shipping's intrinsic value. More Info.Precious Shipping Public is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.41 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Precious Shipping Public is roughly 2.45 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Precious Shipping's earnings, one of the primary drivers of an investment's value.About Precious Shipping Financial Statements
Precious Shipping investors utilize fundamental indicators, such as revenue or net income, to predict how Precious Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Precious Shipping Public Company Limited owns and operates dry bulk ships on a tramp-shipping basis worldwide. Precious Shipping Public Company Limited was founded in 1989 and is headquartered in Bangkok, Thailand. PRECIOUS SHIPPING operates under Marine Shipping classification in Thailand and is traded on Stock Exchange of Thailand.
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Precious Shipping financial ratios help investors to determine whether Precious Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Precious with respect to the benefits of owning Precious Shipping security.