PT Bank Central Asia Tbk Ret. on equity
What is the Ret. on equity of PT Bank Central Asia Tbk?
The Ret. on equity of PT Bank Central Asia Tbk is 21.58%
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 OTC compared to PT Bank Central Asia Tbk
What does PT Bank Central Asia Tbk do?
PT Bank Central Asia Tbk, together with its subsidiaries, provides banking products and services to individual, corporate, and small and medium enterprise customers in Indonesia and internationally. It offers savings accounts; motorcycle financing, as well as car, housing, working capital, and investment loans; mutual funds and bonds; electronic money services; credit cards; business collection services; and home and eBanking, remittance, and customer services. The company also provides investment financing, working capital financing, auto and multipurpose financing, operating lease, other financing activities, money lending and remittance, securities brokerage dealing and securities issuance underwriting, general or loss insurance, life insurance, Sharia banking, and venture capital services. As of December 2021, it operated 1,334 offices comprising 137 main branch offices; 1,105 permanent sub-branch offices; 70 mobile sub-branch offices; and 22 functional offices, as well as total 18,034 automated teller machines (ATMs) consisting of cash recycling machines and multi-functional ATMs. PT Bank Central Asia Tbk was founded in 1955 and is headquartered in Jakarta, Indonesia. PT Bank Central Asia Tbk is a subsidiary of PT Dwimuria Investama Andalan.
Companies with ret. on equity similar to PT Bank Central Asia Tbk
- Cnova N.V has Ret. on equity of 21.53%
- Cactus Inc has Ret. on equity of 21.54%
- First Bancorp PR has Ret. on equity of 21.54%
- Globe Life Inc has Ret. on equity of 21.56%
- H&R Real Estate Investment Trust has Ret. on equity of 21.58%
- Computacenter Plc has Ret. on equity of 21.58%
- PT Bank Central Asia Tbk has Ret. on equity of 21.58%
- Belvoir PLC has Ret. on equity of 21.59%
- Raven Property has Ret. on equity of 21.60%
- Morgan Sindall plc has Ret. on equity of 21.60%
- Toll Brothers has Ret. on equity of 21.60%
- Gildan Activewear has Ret. on equity of 21.61%
- BMO UK High Income Units has Ret. on equity of 21.62%