PT Astra International Tbk Ret. on equity
What is the Ret. on equity of PT Astra International Tbk?
The Ret. on equity of PT Astra International Tbk is 12.83%
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 Consumer Discretionary sector on OTC compared to PT Astra International Tbk
What does PT Astra International Tbk do?
PT Astra International Tbk, together with its subsidiaries, operates in the automotive, financial services, heavy equipment, mining, construction, energy, agri, infrastructure and logistics, information technology, and property businesses in Indonesia. It offers cars, trucks, and motorcycles of various brands; manufactures and sells automotive components to the original equipment for manufacturers and replacement markets, as well as provides consultation services to its customers; financing for cars, motorcycles, and heavy equipment; life, vehicle, and health insurance, as well as other insurance for commercial business; and various banking products and services. The company also distributes heavy equipment for the mining, plantation, construction, forestry, transportation, and material handling industries; provides coal mining contracting services; operates coal mines; and produces crude palm oil. In addition, it is involved in the development and operation of toll roads; rental and leasing of vehicles; resale of used cars; and provision of public transportation services and logistics facilities. Further, the company offers various information technology business solutions based on document, information, and communication technology; and engages in the property investment, development, and management activities. Additionally, it is involved in the foundation; formwork and bekisting; pump services; and mechanical, electrical, and plumbing works, as well as dredging, reclamation, and marine works. The company was founded in 1957 and is headquartered in North Jakarta, Indonesia. PT Astra International Tbk is a subsidiary of Jardine Cycle & Carriage Ltd.
Companies with ret. on equity similar to PT Astra International Tbk
- Baker Hughes Co has Ret. on equity of 12.81%
- MISUMI has Ret. on equity of 12.82%
- American Shipping ASA has Ret. on equity of 12.82%
- COSOL has Ret. on equity of 12.82%
- Global Water Resources has Ret. on equity of 12.83%
- Espey Manufacturing & Electronics has Ret. on equity of 12.83%
- PT Astra International Tbk has Ret. on equity of 12.83%
- WAM Capital has Ret. on equity of 12.83%
- Highbridge Tactical Credit Fund Ltd has Ret. on equity of 12.83%
- Uni-President China Ltd has Ret. on equity of 12.84%
- FLIR Systems has Ret. on equity of 12.84%
- Flir Systems has Ret. on equity of 12.84%
- Cadila Healthcare has Ret. on equity of 12.84%