Reliance Financial Statements From 2010 to 2024
| RLI Stock | EUR 54.60 0.20 0.37% |
Check Reliance Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reliance Industries' main balance sheet or income statement drivers, such as , as well as many indicators such as . Reliance financial statements analysis is a perfect complement when working with Reliance Industries Valuation or Volatility modules.
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Reliance Industries Limited Company Return On Equity Analysis
Reliance Industries' 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 Reliance Industries Return On Equity | 0.0775 |
Most of Reliance Industries' 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, Reliance Industries Limited 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, Reliance Industries Limited has a Return On Equity of 0.0775. This is 103.91% lower than that of the Energy sector and 99.16% lower than that of the Oil & Gas Refining & Marketing industry. The return on equity for all Germany stocks is 125.0% lower than that of the firm.
Reliance Industries Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Reliance Industries's current stock value. Our valuation model uses many indicators to compare Reliance Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Reliance Industries competition to find correlations between indicators driving Reliance Industries's intrinsic value. More Info.Reliance Industries Limited is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about 0.40 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Reliance Industries Limited is roughly 2.50 . 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 Reliance Industries' earnings, one of the primary drivers of an investment's value.About Reliance Industries Financial Statements
Reliance Industries stakeholders use historical fundamental indicators, such as Reliance Industries' revenue or net income, to determine how well the company is positioned to perform in the future. Although Reliance Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in Reliance Industries' assets and liabilities are reflected in the revenues and expenses on Reliance Industries' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Reliance Industries Limited. Please read more on our technical analysis and fundamental analysis pages.
Reliance Industries Limited engages in the hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail, textile, and digital service businesses worldwide. The company was incorporated in 1973 and is based in Mumbai, India. RELIANCE INDS operates under Oil Gas Refining Marketing classification in Germany and is traded on Frankfurt Stock Exchange. It employs 194056 people.
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Other Information on Investing in Reliance Stock
Reliance Industries financial ratios help investors to determine whether Reliance 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 Reliance with respect to the benefits of owning Reliance Industries security.