As of June 21, 2025, Veritec Inc (VRTC) reports a ROE (Return on Equity) of 10.88%.
ROE (Return on Equity) measures how well a company generates profits from shareholders' investments, indicating equity efficiency.
Historical Trend of Veritec Inc's ROE (Return on Equity)
Over recent years, Veritec Inc's ROE (Return on Equity) has shown significant volatility. The table below summarizes the historical values:
| Date | ROE (Return on Equity) |
|---|---|
| 2024-06-30 | 10.88% |
| 2023-06-30 | 14.23% |
| 2022-06-30 | 6.80% |
| 2021-06-30 | 15.74% |
| 2020-06-30 | 9.85% |
This slight downward trend highlights how Veritec Inc manages its efficiency in generating profits from shareholders' equity over time.
Comparing Veritec Inc's ROE (Return on Equity) to Peers
To better understand Veritec Inc's position, it's useful to compare its ROE (Return on Equity) against industry peers. Below are selected comparisons:
| Company | ROE (Return on Equity) |
|---|---|
| Veritec Inc (VRTC) | 10.88% |
| Orsus Xelent Technologies Inc (ORSX) | 1042.96% |
| On Track Innovations Ltd (OTIVF) | 777.33% |
| Sonim Technologies Inc (SONM) | 590.32% |
| Borqs Technologies Inc (BRQS) | 240.32% |
| Hauppauge Digital Inc (HAUP) | 197.23% |
Compared to its competitors, Veritec Inc's ROE (Return on Equity) is about average compared to peers, reflecting standard industry returns on equity investment.