Rakuten Ret. on equity
What is the Ret. on equity of Rakuten?
The Ret. on equity of Rakuten, Inc. is -22.37%
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 Rakuten
What does Rakuten do?
Rakuten Group, Inc. offers internet services in Japan and internationally. It operates through three segments: Internet Services, FinTech, and Mobile segments. The Internet Services segment operates Rakuten Ichiba, an internet shopping mall; Rakuten Books, an online bookstore; Rakuten Travel, an internet travel site; Rakuten Gora, an online golf course reservation service; Rakuten Fashion, an online fashion store; Rakuma, a flea market app; Rakuten Rewards, which offers online cash-back services; and Rakuten 24, an internet shopping site that sells medical supplies and daily necessities. It also offers mobile messaging and VoIP, performance marketing, and e-book services. The FinTech segment issues credit cards; offers internet banking, general and life insurance, and payment services; and operates online securities trading platform. The Mobile segment provides mobile communication, optical broadband line, and power supply services. The company was formerly known as Rakuten, Inc. and changed its name to Rakuten Group, Inc. in April 2021. Rakuten Group, Inc. was incorporated in 1997 and is headquartered in Tokyo, Japan.
Companies with ret. on equity similar to Rakuten
- Transwarranty Finance has Ret. on equity of -22.45%
- Shengli Oil & Gas Pipe has Ret. on equity of -22.45%
- Camino Minerals has Ret. on equity of -22.44%
- Gaia Metals has Ret. on equity of -22.42%
- Eastfield Resources has Ret. on equity of -22.40%
- Betmakers Technology Ltd has Ret. on equity of -22.39%
- Rakuten has Ret. on equity of -22.37%
- Redbubble has Ret. on equity of -22.37%
- Redbubble has Ret. on equity of -22.37%
- Gold Bull Resources has Ret. on equity of -22.37%
- China Maple Leaf Educational Systems has Ret. on equity of -22.35%
- Gulf Island Fabrication has Ret. on equity of -22.34%
- China Services has Ret. on equity of -22.34%