ICICI Bank Return On Equity

ICICI Bank Limited -- India Stock  

INR 311.45  0.7  0.23%

The Macroaxis Fundamental Analysis lookup allows users to check a given indicator for any equity or select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also Equity Screeners to view more equity screening tools
Symbol
Refresh

Return On Equity Analysis

Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how effecently a company utilizes investments to generate income.
ICICI Bank 
Return on Equity 
 = 
Net Income 
Total Equity 
X
100 
 = 
10.92 %

About Return On Equity

For most industries Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Compare to competition
Based on latest financial disclosure ICICI Bank Limited has Return On Equity of 10.92%. This is 362.71% higher than that of the Financial sector, and 47.77% higher than that of Money Center Banks industry, The Return On Equity for all stocks is 171.98% lower than the firm.

Peer Comparison

ICICI Bank Return On Equity Comparison
ICICI Bank is rated fifth overall in return on equity category among related companies.

Did you try this?

Run Idea Breakdown Now
   

Idea Breakdown

Analyze constituents of all Macroaxis ideas. Macroaixs investment ideas are predefined, sector-focused investing themes
Hide  View All  NextLaunch Idea Breakdown

Fundamental Indicators

Current ICICI Bank financial ratios