Idea Cellular Ret. on equity
What is the Ret. on equity of Idea Cellular?
The Ret. on equity of Idea Cellular Limited is -704.28%
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 Idea Cellular
What does Idea Cellular do?
Vodafone Idea Limited operates mobile telecommunications in India. The company offers 2G, 3G, and 4G services; prepaid, postpaid, and roaming services, as well as interconnect and long distance services; voice, data, and enterprise services, as well as various other value added services, including short messaging services, digital services, Internet of Things, etc. It also trades in handsets, data cards, and related accessories; and provides internet, mobile advertisement, toll free services, etc. Vodafone Idea Limited has approximately 293.7 million mobile subscribers. The company was formerly known as Idea Cellular Limited and changed its name to Vodafone Idea Limited in August 2018. Vodafone Idea Limited was incorporated in 1995 and is based in Mumbai, India.
Companies with ret. on equity similar to Idea Cellular
- Serve Robotics Inc has Ret. on equity of -728.83%
- Nemaura Medical has Ret. on equity of -724.44%
- Alturas Minerals has Ret. on equity of -721.48%
- FLYHT Aerospace Solutions has Ret. on equity of -717.02%
- Paringa Resources has Ret. on equity of -708.36%
- Paringa Resources has Ret. on equity of -708.36%
- Idea Cellular has Ret. on equity of -704.28%
- Stroud Resources has Ret. on equity of -698.77%
- Alpha Cognition has Ret. on equity of -696.94%
- Big Tree Carbon Inc has Ret. on equity of -696.88%
- Dean Foods has Ret. on equity of -693.10%
- Dean Foods has Ret. on equity of -693.10%
- Dean Foods has Ret. on equity of -693.10%