Return On Equity ratio Analysis of Bio-Rad Lab Inc. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Very Poor ROE
-0.0018
Period Ending - Dec-22
Very Poor ROE
-37.73
Growth
100.00 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Poor ROE
-36.29
Most recent Quarter ROE
Period Ending - Mar-24
Good ROE
4.24
ROE Analysis of Bio-Rad Lab Inc.
| ROE Ratio of Bio-Rad Lab Inc. with value of -36.29 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
| ROE Ratio of Bio-Rad Lab Inc. with value of 4.24 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Mar-24. |
| ROE Ratio of BIO rose handsomely by 100.00 % this year. |
| ROE Ratio with value of 38.53 was highest in Year Dec-20 in last Five Years. |
| ROE Ratio with value of -37.73 was lowest in Year Dec-22 in last Five Years. |
| Latest ROE Ratio with value of -0.0018 is lower than Average ROE of 12.48 in last five years. |
| ROE of Bio-Rad Lab Inc. is negative because of poor net profit in Trailing Twelve Months ended on Mar-24. |
Other ROE Related Info of BIO that may interest you.
Bio-Rad Lab Inc. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| BIO | 286.86 | 282.01 | 1.72 % | Medical Devices |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Low Profitability Stock | |
FY - Historical Return On Equity of Bio-Rad Lab Inc.
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | -0.0018 | -37.73 | 31.07 | 38.53 | 30.56 | 9.09 | 4.17 |
| Change | 100.00 % | -221.44 % | -19.36 % | 26.07 % | 236.03 % | 117.98 % | 283.71 % |
FY Chart of Return On Equity of Bio-Rad Lab Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)