Pankaj Piyush Trade & Investments (BOM:506122) ROCE % : -0.11% (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Pankaj Piyush Trade & Investments ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Pankaj Piyush Trade & Investments's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.11%.

Pankaj Piyush Trade & Investments ROCE % Historical Data

The historical data trend for Pankaj Piyush Trade & Investments's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pankaj Piyush Trade & Investments ROCE % Chart

Pankaj Piyush Trade & Investments Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

0.27

0.62

0.41

0.01

-0.09

Pankaj Piyush Trade & Investments Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															4.01	-11.93	3.98	4.59	-0.11

Pankaj Piyush Trade & Investments ROCE % Calculation

Pankaj Piyush Trade & Investments's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-0.252	/	( ( (274.947 - 1.459)	+	(273.659 - 0.175) )	/ 2 )
	=	-0.252	/	( (273.488	+	273.484)	/ 2 )
	=	-0.252	/	273.486
	=	-0.09 %

Pankaj Piyush Trade & Investments's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-0.304	/	( ( (280.861 - 1.894)	+	(0 - 0) )	/ 1 )
	=	-0.304	/	( ( 278.967	+	0 )	/ 1 )
	=	-0.304	/	278.967
	=	-0.11 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Pankaj Piyush Trade & Investments (BOM:506122) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Pankaj Piyush Trade & Investments ROCE % Related Terms

Thank you for viewing the detailed overview of Pankaj Piyush Trade & Investments's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Pankaj Piyush Trade & Investments (BOM:506122) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Pankaj Piyush Trade & Investments Ltd (BOM:506122) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

304, Building No. 61, Vijay Block, Laxmi Nagar, New Delhi, IND, 110092

Website

https://www.pptinvestment.in

Pankaj Piyush Trade & Investments Ltd is an Indian financial and investment company. It is engaged in the activity of investing capital and other finances of the firm in the purchase and sale of shares, stocks, units, debentures, debenture-stock, bonds, mortgages, obligations, and securities issued or guaranteed by any company. The business has three reportable segments; trading in shares /securities, fabric, and loan financing. Substantial revenue accrues from the financing of loans.

Pankaj Piyush Trade & Investments (BOM:506122) Headlines

No Headlines