Bharti Airtel Ret. on equity
What is the Ret. on equity of Bharti Airtel?
The Ret. on equity of Bharti Airtel Limited is -65.36%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Communication Services sector on BSE compared to Bharti Airtel
What does Bharti Airtel do?
Bharti Airtel Limited operates as a telecommunications company in 18 countries across Asia and Africa. It operates through Mobile Services India, Mobile Services Africa, Mobile Services South Asia, Airtel Business, Tower Infrastructure Services, Homes Services, Digital TV Services, and Others segments. The company's product offerings include 2G, 3G, and 4G wireless services, as well as mobile commerce, fixed line services, high speed home broadband, DTH, and enterprise services, including national and international long distance services to carriers. It also provides voice, data, video, network integration, data center, and managed services, as well as enterprise mobility applications and digital media solutions. In addition, the company operates submarine cable system; and provides telecom towers and related infrastructure for various mobile operators. As of March 31, 2020, it had approximately 423 million customers across its operations. The company was formerly known as Bharti Tele-Ventures Limited and changed its name to Bharti Airtel Limited in April 2006. The company was founded in 1995 and is headquartered in New Delhi, India.
Companies with ret. on equity similar to Bharti Airtel
- Quest PharmaTech has Ret. on equity of -65.50%
- Global Petroleum has Ret. on equity of -65.49%
- Newscope Capital has Ret. on equity of -65.47%
- SVM UK Emerging Fund Plc has Ret. on equity of -65.47%
- Cardiol Therapeutics has Ret. on equity of -65.46%
- Fireweed Zinc has Ret. on equity of -65.42%
- Bharti Airtel has Ret. on equity of -65.36%
- Velocys Plc has Ret. on equity of -65.36%
- Skylight Health has Ret. on equity of -65.33%
- Hoshi Resource Corp has Ret. on equity of -65.22%
- Odyssey has Ret. on equity of -65.22%
- Eidos Therapeutics Inc has Ret. on equity of -65.21%
- Q4 has Ret. on equity of -65.17%