Ecopetrol SA Ret. on equity
What is the Ret. on equity of Ecopetrol SA?
The Ret. on equity of Ecopetrol SA is 34.97%
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 Energy sector on NYSE compared to Ecopetrol SA
What does Ecopetrol SA do?
Ecopetrol, formerly known as Empresa Colombiana de Petróleos S.A. is the largest and primary petroleum company in Colombia.
Companies with ret. on equity similar to Ecopetrol SA
- Celanese has Ret. on equity of 34.92%
- DF Deutsche Forfait AG has Ret. on equity of 34.92%
- St. James's Place Plc has Ret. on equity of 34.95%
- Ross Stores has Ret. on equity of 34.95%
- West Coast Paper Mills has Ret. on equity of 34.95%
- China Electronics Huada Technology has Ret. on equity of 34.96%
- Ecopetrol SA has Ret. on equity of 34.97%
- Ferguson Plc has Ret. on equity of 35.02%
- Ferguson Plc has Ret. on equity of 35.02%
- Fortnox AB has Ret. on equity of 35.04%
- Wyndham Hotels & Resorts Inc has Ret. on equity of 35.05%
- Binjiang Services Co has Ret. on equity of 35.06%
- Titan has Ret. on equity of 35.07%