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Globe Enterprises (India) Ltd
₹2.34
(1.68%)
Tue, 02 Jun 2026, 06:57 pm
Process Industries
Textiles
24.5KGlobe Enterprises (India) Return on Equity (ROE) History
| Particulars | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Price to earnings ratio | 0 | 0 | 0 | 0 | 0 | 0 |
| Price to book ratio | 0 | 0 | 0 | 0 | 0 | 0 |
| Price to sales ratio | 0 | 0 | 0 | 0 | 0 | 0 |
| Price to cash flow ratio | 0 | 0 | 0 | 0 | 0 | 0 |
| Enterprise value | 0 | 0 | 0 | 0 | 0 | 0 |
| Enterprise value to EBITDA ratio | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt to equity ratio | 1.39 | 1.73 | 1.93 | 2.03 | 1.04 | 1.02 |
| Return on equity % | 0 | 0.59 | 11.32 | 8.95 | 10.49 | 7.65 |
Globe Enterprises (India) Ltd Return on Equity
The Globe Enterprises (India) Ltd Return on Equity is a key financial metric used by investors to evaluate Globe Enterprises (India) Ltd's valuation, profitability, and overall financial performance. Tracking the Globe Enterprises (India) Ltd Return on Equity helps investors understand whether the stock is undervalued, fairly valued, or trading at a premium compared to its historical performance and industry peers.
Globe Enterprises (India) Ltd (NSE: GLOBE, BSE: 538431) is currently trading at ₹2.34, with a market capitalization of ₹1.07B. As a leading company in the Process industries sector and Textiles industry, monitoring the Globe Enterprises (India) Ltd Return on Equity is essential for fundamental analysis.
Globe Enterprises (India) Ltd Return on Equity Current Value
The current Globe Enterprises (India) Ltd Return on Equity stands at 7.65.
The Globe Enterprises (India) Ltd Return on Equity has declined compared to earlier levels, suggesting improved fundamentals or more attractive valuation.
Globe Enterprises (India) Ltd Return on Equity Historical Trend
The Globe Enterprises (India) Ltd Return on Equity has shown the following historical trend:
- 2024: 7.65
- 2023: 10.49
- 2022: 8.95
- 2021: 11.32
- 2020: 0.59
The decline in Globe Enterprises (India) Ltd Return on Equity indicates improving financial efficiency or better earnings growth.
What Globe Enterprises (India) Ltd Return on Equity Indicates for Investors
The Globe Enterprises (India) Ltd Return on Equity plays a crucial role in understanding the company's financial health and valuation.
ROE indicates how efficiently the company generates returns for shareholders.
Globe Enterprises (India) Ltd Return on Equity Analysis Summary
The Globe Enterprises (India) Ltd Return on Equity remains a crucial metric for evaluating the company's valuation and financial stability. Investors tracking Globe Enterprises (India) Ltd Return on Equity should also monitor related metrics such as P/E, P/B, EV/EBITDA, D/E, and ROE to get a complete fundamental picture.
Regular tracking of Globe Enterprises (India) Ltd Return on Equity helps investors make informed decisions based on long-term growth, valuation trends, and financial performance.