The Relationship Between ROA, ROE, ROCE and EPS Ratios with Break-up Values of Shares of Karachi-Pakistan Fuel and Energy Listed Companies

Muhammad Aamir Ali; Usama Kalim; Hasnain Raza; Hafiz Amir Ali; Mohsin Rehman; Muhammad Ismat Ullah

doi:doi:10.11648/j.jfa.20170503.15

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The Relationship Between ROA, ROE, ROCE and EPS Ratios with Break-up Values of Shares of Karachi-Pakistan Fuel and Energy Listed Companies

Muhammad Aamir Ali, Usama Kalim, Hasnain Raza, Hafiz Amir Ali, Mohsin Rehman, Muhammad Ismat Ullah

Published in Journal of Finance and Accounting (Volume 5, Issue 3)

Received: 3 June 2014 Accepted: 13 June 2014 Published: 27 May 2017

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Abstract

The purpose of this study is to examine the relationship among ROA, ROE, ROCE and EPS ratios together and separately with Break-up Values of Shares Karachi-Pakistan fuel and energy listed companies during the period (2006-2011). Because the fundamental view says that the market prices of shares follow the intrinsic values of shares. The empirical results suggest that collectively these ratios except ROE show significant positive relationship with break-up values of shares and separately ROA, ROCE and EPS show significant positive relationship with break-up values of shares whereas ROE shows insignificant positive relationship with break-up values of shares separately.

Published in	Journal of Finance and Accounting (Volume 5, Issue 3)
DOI	10.11648/j.jfa.20170503.15
Page(s)	115-122
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2017. Published by Science Publishing Group

Keywords

ROA, ROE, ROCE and EPS

References

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[9]	Dr. Majed Abdel Majid Kabajeh, Dr. Said Mukhled Ahmed AL Nu’aimat & Dr. Firas Naim Dahmash (2012),” The Relationship between the ROA, ROE and ROI Ratios with Jordanian Insurance Public Companies Market Share Prices” International Journal of Humanities and Social Science Vol. 2 No. 11; June 2012.
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[13]	Abdol Hossein Talebi Najaf Abadi, Mostafa Zangi Abadi, Narjes Kamali Kermani, Shiva Safarian, Mohammad Kaveh Nobandegani, Roholah Talebi Najaf Abadi, morteza adlzadeh & Farshad mohammad pour (2013),” Impact of New Technology on Market Value Price and Value Relevance of Accounting Information in the Tehran Stock Exchange” J. Basic. Appl. Sci. Res., 3(9)721-728, 2013.
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APA Style

Muhammad Aamir Ali, Usama Kalim, Hasnain Raza, Hafiz Amir Ali, Mohsin Rehman, et al. (2017). The Relationship Between ROA, ROE, ROCE and EPS Ratios with Break-up Values of Shares of Karachi-Pakistan Fuel and Energy Listed Companies. Journal of Finance and Accounting, 5(3), 115-122. https://doi.org/10.11648/j.jfa.20170503.15

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ACS Style

Muhammad Aamir Ali; Usama Kalim; Hasnain Raza; Hafiz Amir Ali; Mohsin Rehman, et al. The Relationship Between ROA, ROE, ROCE and EPS Ratios with Break-up Values of Shares of Karachi-Pakistan Fuel and Energy Listed Companies. J. Finance Account. 2017, 5(3), 115-122. doi: 10.11648/j.jfa.20170503.15

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AMA Style

Muhammad Aamir Ali, Usama Kalim, Hasnain Raza, Hafiz Amir Ali, Mohsin Rehman, et al. The Relationship Between ROA, ROE, ROCE and EPS Ratios with Break-up Values of Shares of Karachi-Pakistan Fuel and Energy Listed Companies. J Finance Account. 2017;5(3):115-122. doi: 10.11648/j.jfa.20170503.15

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@article{10.11648/j.jfa.20170503.15,
  author = {Muhammad Aamir Ali and Usama Kalim and Hasnain Raza and Hafiz Amir Ali and Mohsin Rehman and Muhammad Ismat Ullah},
  title = {The Relationship Between ROA, ROE, ROCE and EPS Ratios with Break-up Values of Shares of Karachi-Pakistan Fuel and Energy Listed Companies},
  journal = {Journal of Finance and Accounting},
  volume = {5},
  number = {3},
  pages = {115-122},
  doi = {10.11648/j.jfa.20170503.15},
  url = {https://doi.org/10.11648/j.jfa.20170503.15},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20170503.15},
  abstract = {The purpose of this study is to examine the relationship among ROA, ROE, ROCE and EPS ratios together and separately with Break-up Values of Shares Karachi-Pakistan fuel and energy listed companies during the period (2006-2011). Because the fundamental view says that the market prices of shares follow the intrinsic values of shares. The empirical results suggest that collectively these ratios except ROE show significant positive relationship with break-up values of shares and separately ROA, ROCE and EPS show significant positive relationship with break-up values of shares whereas ROE shows insignificant positive relationship with break-up values of shares separately.},
 year = {2017}
}

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TY  - JOUR
T1  - The Relationship Between ROA, ROE, ROCE and EPS Ratios with Break-up Values of Shares of Karachi-Pakistan Fuel and Energy Listed Companies
AU  - Muhammad Aamir Ali
AU  - Usama Kalim
AU  - Hasnain Raza
AU  - Hafiz Amir Ali
AU  - Mohsin Rehman
AU  - Muhammad Ismat Ullah
Y1  - 2017/05/27
PY  - 2017
N1  - https://doi.org/10.11648/j.jfa.20170503.15
DO  - 10.11648/j.jfa.20170503.15
T2  - Journal of Finance and Accounting
JF  - Journal of Finance and Accounting
JO  - Journal of Finance and Accounting
SP  - 115
EP  - 122
PB  - Science Publishing Group
SN  - 2330-7323
UR  - https://doi.org/10.11648/j.jfa.20170503.15
AB  - The purpose of this study is to examine the relationship among ROA, ROE, ROCE and EPS ratios together and separately with Break-up Values of Shares Karachi-Pakistan fuel and energy listed companies during the period (2006-2011). Because the fundamental view says that the market prices of shares follow the intrinsic values of shares. The empirical results suggest that collectively these ratios except ROE show significant positive relationship with break-up values of shares and separately ROA, ROCE and EPS show significant positive relationship with break-up values of shares whereas ROE shows insignificant positive relationship with break-up values of shares separately.
VL  - 5
IS  - 3
ER  -

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Author Information

Muhammad Aamir Ali

School of Accounting and Finance, University of Central Punjab, Lahore, Pakistan
Usama Kalim

Deparment of Management Sciences, Comsats Institute of Information Technology, Islamabad, Pakistan
Hasnain Raza

School of Accounting and Finance, University of Central Punjab, Lahore, Pakistan
Hafiz Amir Ali

School of Accounting and Finance, University of Central Punjab, Lahore, Pakistan
Mohsin Rehman

School of Accounting and Finance, University of Central Punjab, Lahore, Pakistan
Muhammad Ismat Ullah

School of Accounting and Finance, University of Central Punjab, Lahore, Pakistan

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Plain Text BibTeX RIS

APA Style

Muhammad Aamir Ali, Usama Kalim, Hasnain Raza, Hafiz Amir Ali, Mohsin Rehman, et al. (2017). The Relationship Between ROA, ROE, ROCE and EPS Ratios with Break-up Values of Shares of Karachi-Pakistan Fuel and Energy Listed Companies. Journal of Finance and Accounting, 5(3), 115-122. https://doi.org/10.11648/j.jfa.20170503.15

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ACS Style

Muhammad Aamir Ali; Usama Kalim; Hasnain Raza; Hafiz Amir Ali; Mohsin Rehman, et al. The Relationship Between ROA, ROE, ROCE and EPS Ratios with Break-up Values of Shares of Karachi-Pakistan Fuel and Energy Listed Companies. J. Finance Account. 2017, 5(3), 115-122. doi: 10.11648/j.jfa.20170503.15

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AMA Style

Muhammad Aamir Ali, Usama Kalim, Hasnain Raza, Hafiz Amir Ali, Mohsin Rehman, et al. The Relationship Between ROA, ROE, ROCE and EPS Ratios with Break-up Values of Shares of Karachi-Pakistan Fuel and Energy Listed Companies. J Finance Account. 2017;5(3):115-122. doi: 10.11648/j.jfa.20170503.15

Copy | Download

@article{10.11648/j.jfa.20170503.15,
  author = {Muhammad Aamir Ali and Usama Kalim and Hasnain Raza and Hafiz Amir Ali and Mohsin Rehman and Muhammad Ismat Ullah},
  title = {The Relationship Between ROA, ROE, ROCE and EPS Ratios with Break-up Values of Shares of Karachi-Pakistan Fuel and Energy Listed Companies},
  journal = {Journal of Finance and Accounting},
  volume = {5},
  number = {3},
  pages = {115-122},
  doi = {10.11648/j.jfa.20170503.15},
  url = {https://doi.org/10.11648/j.jfa.20170503.15},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20170503.15},
  abstract = {The purpose of this study is to examine the relationship among ROA, ROE, ROCE and EPS ratios together and separately with Break-up Values of Shares Karachi-Pakistan fuel and energy listed companies during the period (2006-2011). Because the fundamental view says that the market prices of shares follow the intrinsic values of shares. The empirical results suggest that collectively these ratios except ROE show significant positive relationship with break-up values of shares and separately ROA, ROCE and EPS show significant positive relationship with break-up values of shares whereas ROE shows insignificant positive relationship with break-up values of shares separately.},
 year = {2017}
}

Copy | Download

TY  - JOUR
T1  - The Relationship Between ROA, ROE, ROCE and EPS Ratios with Break-up Values of Shares of Karachi-Pakistan Fuel and Energy Listed Companies
AU  - Muhammad Aamir Ali
AU  - Usama Kalim
AU  - Hasnain Raza
AU  - Hafiz Amir Ali
AU  - Mohsin Rehman
AU  - Muhammad Ismat Ullah
Y1  - 2017/05/27
PY  - 2017
N1  - https://doi.org/10.11648/j.jfa.20170503.15
DO  - 10.11648/j.jfa.20170503.15
T2  - Journal of Finance and Accounting
JF  - Journal of Finance and Accounting
JO  - Journal of Finance and Accounting
SP  - 115
EP  - 122
PB  - Science Publishing Group
SN  - 2330-7323
UR  - https://doi.org/10.11648/j.jfa.20170503.15
AB  - The purpose of this study is to examine the relationship among ROA, ROE, ROCE and EPS ratios together and separately with Break-up Values of Shares Karachi-Pakistan fuel and energy listed companies during the period (2006-2011). Because the fundamental view says that the market prices of shares follow the intrinsic values of shares. The empirical results suggest that collectively these ratios except ROE show significant positive relationship with break-up values of shares and separately ROA, ROCE and EPS show significant positive relationship with break-up values of shares whereas ROE shows insignificant positive relationship with break-up values of shares separately.
VL  - 5
IS  - 3
ER  -

Copy | Download