PT XL Axiata Tbk Ret. on equity
What is the Ret. on equity of PT XL Axiata Tbk?
The Ret. on equity of PT XL Axiata Tbk is 6.17%
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 OTC compared to PT XL Axiata Tbk
What does PT XL Axiata Tbk do?
PT XL Axiata Tbk provides telecommunication, telecommunications network, and multimedia services for consumers and businesses in Indonesia. The company offers cellular mobile and closed fixed network, Internet service provider, voice over Internet protocol, content provider, money remitter service, e-money issuance services, and Internet interconnection services. It also provides leased line, VPN MPLS, corporate Internet, and voice over Internet protocol services; mobile data and home broadband services; data center and cloud services; mobile communication services; and mobile advertising and big data services, such as messaging services, display services, and digital rewards, as well as Internet of Things based solutions. The company was formerly known as PT Excelcomindo Pratama Tbk. and changed its name to PT XL Axiata Tbk in 2009. The company was founded in 1989 and is headquartered in Jakarta Selatan, Indonesia. PT XL Axiata Tbk is a subsidiary of Axiata Investments (Indonesia) Sdn. Bhd.
Companies with ret. on equity similar to PT XL Axiata Tbk
- The Cooper Companies has Ret. on equity of 6.16%
- Komplett Bank ASA has Ret. on equity of 6.16%
- Wenzhou Kangning Hospital Co has Ret. on equity of 6.16%
- International Flavors & Fragrances has Ret. on equity of 6.16%
- WeCommerce has Ret. on equity of 6.17%
- Websol System has Ret. on equity of 6.17%
- PT XL Axiata Tbk has Ret. on equity of 6.17%
- SAP SE has Ret. on equity of 6.17%
- W. P. Carey has Ret. on equity of 6.17%
- Riber SA has Ret. on equity of 6.17%
- Delmar Bancorp has Ret. on equity of 6.17%
- Landmark Infrastructure Partners LP has Ret. on equity of 6.17%
- Hong Kong Shanghai Alliance has Ret. on equity of 6.18%