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.
About Return On EquityFor 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.
ICICI Return On Equity Assessment
Based on latest financial disclosure ICICI Bank Ltd has Return On Equity of 15.68%. This is 573.72% lower than that of the Financial sector, and 137.22% higher than that of Money Center Banks industry, The Return On Equity for all stocks is 245.32% lower than the firm.
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ICICI is rated below average in return on equity category among related companies.
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