Indian Overseas Bank Ret. on equity
What is the Ret. on equity of Indian Overseas Bank?
The Ret. on equity of Indian Overseas Bank is -53.64%
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 Finance sector on BSE compared to Indian Overseas Bank
What does Indian Overseas Bank do?
Indian Overseas Bank provides various banking products and services. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It offers saving bank and current accounts, term deposits, retail loans, debit and credit cards, NRI accounts, agricultural and rural banking products, MSME loans, and merchant banking services. The company operates through 3270 branches and 3032 ATMs in India. It also operates through branches located in Singapore, Hong Kong, Bangkok, and Sri Lanka. Indian Overseas Bank was founded in 1937 and is based in Chennai, India.
Companies with ret. on equity similar to Indian Overseas Bank
- Otto has Ret. on equity of -53.77%
- Signet International has Ret. on equity of -53.77%
- Stitch Fix Inc has Ret. on equity of -53.77%
- Ta Yang has Ret. on equity of -53.76%
- Solid Biosciences Inc has Ret. on equity of -53.76%
- Bonhill Plc has Ret. on equity of -53.74%
- Indian Overseas Bank has Ret. on equity of -53.64%
- Southwestern has Ret. on equity of -53.63%
- Chamberlin plc has Ret. on equity of -53.58%
- FireAngel Safety Technology plc has Ret. on equity of -53.58%
- Arcadia Biosciences Inc has Ret. on equity of -53.50%
- Fennec Pharmaceuticals has Ret. on equity of -53.46%
- InMed Pharmaceuticals has Ret. on equity of -53.39%