Telkom Indonesia (Persero) Tbk PT Ret. on equity
What is the Ret. on equity of Telkom Indonesia (Persero) Tbk PT?
The Ret. on equity of Telkom Indonesia (Persero) Tbk PT is 18.22%
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 NYSE compared to Telkom Indonesia (Persero) Tbk PT
What does Telkom Indonesia (Persero) Tbk PT do?
Telkom Indonesia (Persero) Tbk PT is an Indonesian multinational telecommunications conglomerate. Telkom has major business lines in fixed line telephony, internet, and data communications. It is operated as the parent company of the Telkom Group, which is engaged in a broad range of businesses which consist of telecommunication, multimedia, property, and financial services.
Companies with ret. on equity similar to Telkom Indonesia (Persero) Tbk PT
- Oshkosh Corp has Ret. on equity of 18.20%
- Getnet Adquirência e Serviços para Meios de Pagamento S.A has Ret. on equity of 18.20%
- Orient Refractories has Ret. on equity of 18.20%
- Tanger has Ret. on equity of 18.21%
- AUPU Home Style has Ret. on equity of 18.21%
- Loblaw Cos has Ret. on equity of 18.21%
- Telkom Indonesia (Persero) Tbk PT has Ret. on equity of 18.22%
- Sanofi India has Ret. on equity of 18.22%
- Ingredion Inc has Ret. on equity of 18.23%
- TFI International Inc has Ret. on equity of 18.23%
- TFI International has Ret. on equity of 18.23%
- Acuity Brands has Ret. on equity of 18.23%
- Africa Oil has Ret. on equity of 18.23%