GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Jupiter Life Line Hospitals Ltd (BOM:543980) » Definitions » ROE %

Jupiter Life Line Hospitals (BOM:543980) ROE % : 15.49% (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Jupiter Life Line Hospitals ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Jupiter Life Line Hospitals's annualized net income for the quarter that ended in Mar. 2024 was ₹1,811 Mil. Jupiter Life Line Hospitals's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was ₹11,690 Mil. Therefore, Jupiter Life Line Hospitals's annualized ROE % for the quarter that ended in Mar. 2024 was 15.49%.

The historical rank and industry rank for Jupiter Life Line Hospitals's ROE % or its related term are showing as below:

BOM:543980' s ROE % Range Over the Past 10 Years
Min: -0.96   Med: 19.2   Max: 22.12
Current: 20.26

During the past 3 years, Jupiter Life Line Hospitals's highest ROE % was 22.12%. The lowest was -0.96%. And the median was 19.20%.

BOM:543980's ROE % is ranked better than
86.89% of 610 companies
in the Healthcare Providers & Services industry
Industry Median: 4.395 vs BOM:543980: 20.26

Jupiter Life Line Hospitals ROE % Historical Data

The historical data trend for Jupiter Life Line Hospitals's ROE % 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.

Jupiter Life Line Hospitals ROE % Chart

Jupiter Life Line Hospitals Annual Data
Trend Mar21 Mar22 Mar23
ROE %
-0.96 19.20 22.12

Jupiter Life Line Hospitals Quarterly Data
Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.23 59.06 12.46 16.16 15.49

Competitive Comparison of Jupiter Life Line Hospitals's ROE %

For the Medical Care Facilities subindustry, Jupiter Life Line Hospitals's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jupiter Life Line Hospitals's ROE % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Jupiter Life Line Hospitals's ROE % distribution charts can be found below:

* The bar in red indicates where Jupiter Life Line Hospitals's ROE % falls into.



Jupiter Life Line Hospitals ROE % Calculation

Jupiter Life Line Hospitals's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as

ROE %=Net Income (A: Mar. 2023 )/( (Total Stockholders Equity (A: Mar. 2022 )+Total Stockholders Equity (A: Mar. 2023 ))/ count )
=729.05/( (2935.54+3656.85)/ 2 )
=729.05/3296.195
=22.12 %

Jupiter Life Line Hospitals's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=1810.6/( (0+11690.38)/ 1 )
=1810.6/11690.38
=15.49 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


Jupiter Life Line Hospitals  (BOM:543980) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=1810.6/11690.38
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1810.6 / 11619.56)*(11619.56 / 12813.33)*(12813.33 / 11690.38)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.58 %*0.9068*1.0961
=ROA %*Equity Multiplier
=14.13 %*1.0961
=15.49 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=1810.6/11690.38
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1810.6 / 2487.96) * (2487.96 / 2075.64) * (2075.64 / 11619.56) * (11619.56 / 12813.33) * (12813.33 / 11690.38)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7277 * 1.1986 * 17.86 % * 0.9068 * 1.0961
=15.49 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Jupiter Life Line Hospitals ROE % Related Terms

Thank you for viewing the detailed overview of Jupiter Life Line Hospitals's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Jupiter Life Line Hospitals (BOM:543980) Business Description

Traded in Other Exchanges
Address
Eastern Express Highway, Service Rd, Next To Viviana Mall, Thane west, Thane, MH, IND, 400601
Jupiter Life Line Hospitals Ltd is a key multi-specialty tertiary and quaternary healthcare provider. The Company operates in one business and geographical segment which is healthcare services in India. The Hospital revenue comprises primarily of fees charged for inpatient and outpatient hospital services and other hospital services. Services include charges for accommodation, operation theatre, medical professional services, equipment, radiology, laboratory and pharmaceutical goods used.

Jupiter Life Line Hospitals (BOM:543980) Headlines

No Headlines