PCBL (BOM:506590) ROCE % : 12.74% (As of Mar. 2024)

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What is PCBL 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. PCBL's annualized ROCE % for the quarter that ended in Mar. 2024 was 12.74%.

PCBL ROCE % Historical Data

The historical data trend for PCBL'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.

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PCBL ROCE % Chart

PCBL Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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17.89

17.29

19.19

18.70

14.69

PCBL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															18.64	19.39	19.34	23.45	12.74

PCBL ROCE % Calculation

PCBL's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	8571.1	/	( ( (54328.1 - 18518.3)	+	(112954.1 - 32107.7) )	/ 2 )
	=	8571.1	/	( (35809.8	+	80846.4)	/ 2 )
	=	8571.1	/	58328.1
	=	14.69 %

PCBL's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	10300.8	/	( ( (0 - 0)	+	(112954.1 - 32107.7) )	/ 1 )
	=	10300.8	/	( ( 0	+	80846.4 )	/ 1 )
	=	10300.8	/	80846.4
	=	12.74 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

PCBL (BOM:506590) 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.

PCBL ROCE % Related Terms

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PCBL (BOM:506590) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PCBL Ltd (BOM:506590) » Definitions » ROCE %

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PCBL:India

Address

2/4 Judges Court Road, RPSG House, 4th Floor, Kolkata, WB, IND, 700 027

Website

https://www.pcblltd.com

PCBL Ltd is an Indian-based company, mainly engaged in manufacturing of carbon black. The business activities of the entity are functioned through the segments of Carbon Black and Power segments. It derives a majority of revenue from the Carbon black segment which involves the production of Carbon Black through its manufacturing units located at Durgapur, Kochi, Palej, Mundra, and a Greenfield Project in Chennai. The products offered by the company are Rubber Black, Specialty Black, and others. Geographically the group has a business presence in India and other countries of which a majority of revenue is derived from India.

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