India Tourism Development Corp Ltd
NSE:ITDC
ROE
Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.
Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.
Peer Comparison
| Country | Company | Market Cap | ROE | ||
|---|---|---|---|---|---|
| IN |
|
India Tourism Development Corp Ltd
NSE:ITDC
|
45.7B INR |
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|
| CN |
H
|
H World Group Ltd
BMV:HTHTN
|
2.7T MXN |
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|
|
| US |
|
Booking Holdings Inc
NASDAQ:BKNG
|
133.2B USD |
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|
|
| US |
|
Marriott International Inc
NASDAQ:MAR
|
95.3B USD |
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|
|
| US |
|
Royal Caribbean Cruises Ltd
NYSE:RCL
|
86.9B USD |
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|
|
| US |
|
Airbnb Inc
NASDAQ:ABNB
|
74.6B USD |
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|
|
| US |
|
Hilton Worldwide Holdings Inc
NYSE:HLT
|
72.7B USD |
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|
|
| UK |
|
Carnival PLC
LSE:CCL
|
31.1B GBP |
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|
| US |
|
Carnival Corp
NYSE:CCL
|
41.8B USD |
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|
|
| CN |
|
Trip.com Group Ltd
HKEX:9961
|
274.4B HKD |
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|
| US |
V
|
Viking Holdings Ltd
NYSE:VIK
|
33.3B USD |
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Market Distribution
| Min | -3 688.9% |
| 30th Percentile | 5.1% |
| Median | 11.1% |
| 70th Percentile | 16% |
| Max | 7 187.1% |
Other Profitability Ratios
India Tourism Development Corp Ltd
Glance View
India Tourism Development Corp. Ltd. engages in the provision of hotels, restaurants and transport facilities. The company is headquartered in New Delhi, Delhi. The company went IPO on 2002-11-27. The company also provides transport facilities. The firm is engaged in production, distribution, and sale of tourist publicity literature, providing entertainment, engineering related consultancy services, duty free shopping facilities to tourists, hospitality and tourism management of the Company imparting training and education in the field of tourism and hospitality. The company operates various divisions, including Hotels Division, Ashok Events Division (AED), Ashok International Trade Division (AITD), Ashok Travels and Tours Division (ATT), Ashok Institute of Hospitality & Tourism Management (AIH&TM), Ashok Consultancy & Engineering Services Division (ACES), and Sound & Light Show (SEL). The Hotels division includes hotels, such as Hotel Samrat, Hyderabad House, and Vigyan Bhawan. The Ashok Events Division manages events, conferences, and exhibitions. The AITD division focuses on seaports.
See Also
ROE is calculated by dividing the Net Income by the Avg Total Equity.
The current ROE for India Tourism Development Corp Ltd is 19.5%, which is below its 3-year median of 19.7%.
Over the last 3 years, India Tourism Development Corp Ltd’s ROE has increased from 9.5% to 19.5%. During this period, it reached a low of 9.5% on Sep 30, 2022 and a high of 22% on Sep 30, 2023.