Reliance Communications Ltd
NSE:RCOM
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 |
|
Reliance Communications Ltd
NSE:RCOM
|
2.6B INR |
Loading...
|
|
| ZA |
M
|
MTN Group Ltd
JSE:MTN
|
376.6B ZAR |
Loading...
|
|
| ZA |
V
|
Vodacom Group Ltd
JSE:VOD
|
314.9B ZAR |
Loading...
|
|
| US |
|
T-Mobile US Inc
NASDAQ:TMUS
|
242B USD |
Loading...
|
|
| CN |
|
China Mobile Ltd
SSE:600941
|
1.3T CNY |
Loading...
|
|
| JP |
|
SoftBank Group Corp
TSE:9984
|
23.9T JPY |
Loading...
|
|
| IN |
|
Bharti Airtel Ltd
NSE:BHARTIARTL
|
11T INR |
Loading...
|
|
| MX |
|
America Movil SAB de CV
BMV:AMXB
|
1.3T MXN |
Loading...
|
|
| JP |
|
KDDI Corp
TSE:9433
|
10.2T JPY |
Loading...
|
|
| JP |
|
SoftBank Corp
TSE:9434
|
10T JPY |
Loading...
|
|
| TH |
|
Advanced Info Service PCL
SET:ADVANC
|
1.2T THB |
Loading...
|
Market Distribution
| Min | -3 688.9% |
| 30th Percentile | 5.1% |
| Median | 11.1% |
| 70th Percentile | 16% |
| Max | 7 187.1% |
Other Profitability Ratios
Reliance Communications Ltd
Glance View
Reliance Communications Ltd. engages in the provision of telecommunication services. The company is headquartered in Navi Mumbai, Maharashtra. The company went IPO on 2007-04-30. The Company’s businesses include India Data Center Business and India National Long Distance business. The company conducts a substantial portion of its business through subsidiary companies, including Globalcom IDC Limited and Reliance Infratel Limited. The company provides wireless telecom services to the business and government segments. These include a comprehensive portfolio spanning network connectivity, cloud networking, data center services, enterprise voice, cloud telephony, access number services, collaboration services, wholesale voice and value-added service (VAS). The firm serves approximately 40,000 businesses of all sizes-from multinational conglomerates to small and mid-size enterprises (SMEs), such as the banking, financial services and insurance (BFSI); manufacturing; logistics; healthcare; information technology (IT) and information technology-enabled services (ITeS); and over the top (OTT).
See Also
ROE is calculated by dividing the Net Income by the Avg Total Equity.
The current ROE for Reliance Communications Ltd is 11.5%, which is below its 3-year median of 13.1%.
Over the last 3 years, Reliance Communications Ltd’s ROE has decreased from 23.6% to 11.5%. During this period, it reached a low of 9.2% on Mar 31, 2024 and a high of 23.6% on Dec 31, 2022.
