Pearl Global Industries (BOM:532808) ROCE % : 27.86% (As of Mar. 2024)

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What is Pearl Global Industries 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. Pearl Global Industries's annualized ROCE % for the quarter that ended in Mar. 2024 was 27.86%.

Pearl Global Industries ROCE % Historical Data

The historical data trend for Pearl Global Industries'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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Pearl Global Industries ROCE % Chart

Pearl Global Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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9.83

6.08

14.70

26.29

26.66

Pearl Global Industries 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															29.99	32.11	28.15	21.18	27.86

Pearl Global Industries ROCE % Calculation

Pearl Global Industries'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 )
	=	2753.73	/	( ( (17806.419 - 8168.464)	+	(19854.628 - 8831.077) )	/ 2 )
	=	2753.73	/	( (9637.955	+	11023.551)	/ 2 )
	=	2753.73	/	10330.753
	=	26.66 %

Pearl Global Industries'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 )
	=	3071.232	/	( ( (0 - 0)	+	(19854.628 - 8831.077) )	/ 1 )
	=	3071.232	/	( ( 0	+	11023.551 )	/ 1 )
	=	3071.232	/	11023.551
	=	27.86 %

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

Pearl Global Industries (BOM:532808) 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.

Pearl Global Industries ROCE % Related Terms

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Pearl Global Industries (BOM:532808) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Pearl Global Industries Ltd (BOM:532808) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

PGIL:India

Address

Pearl Tower, Plot No. 51, Sector - 32, Gurgaon, HR, IND, 122001

Website

https://www.pearlglobal.com

Pearl Global Industries Ltd is engaged in the manufacturing, sourcing, distribution, and export of ready-to-wear apparel through its domestic and global facilities and operations. The geographical segments of the company include Hong Kong, Bangladesh, India, and Others. The company earns majority of its revenue outside India. The company's product range comprises of knits, woven and bottoms across men, women, and kids wear segments.

Pearl Global Industries (BOM:532808) Headlines

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