Ishares India R Ret. on equity

What is the Ret. on equity of Ishares India R?

The Ret. on equity of Ishares India R is 39.94%

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 Miscellaneous sector on HKSE compared to Ishares India R

What does Ishares India R do?

iShares Asia Trust - iShares Core S&P BSE SENSEX India Index ETF is an exchange traded fund launched and managed by BlackRock Asset Management North Asia Limited. It invests in the public equity markets of India. The fund invests directly and also through derivatives such as India Access Products (IAPs) in the stocks of companies operating across diversified sectors. It invests in the stocks of large-cap companies. The fund also invests in Indian market securities through iShares BSE SENSEX Mauritius Company, a wholly owned subsidiary incorporated in Mauritius. It seeks to replicate the performance of the S&P BSE SENSEX Index, by employing representative sampling methodology. The fund was formerly known as iShares Asia Trust - iShares S&P BSE SENSEX India Index ETF. iShares Asia Trust - iShares Core S&P BSE SENSEX India Index ETF was formed on October 31, 2006 and is domiciled in Hong Kong.

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