SoftBank Ret. on equity
What is the Ret. on equity of SoftBank?
The Ret. on equity of SoftBank Group Corp. is -21.20%
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 Miscellaneous sector on LSE compared to SoftBank
What does SoftBank do?
SoftBank Group Corp. provides telecommunication services in Japan and internationally. The company operates through four segments: Investment Business of Holding Companies; SoftBank Vision Fund and Other SBIA-Managed Funds; SoftBank; and Arm. It offers mobile communications, broadband, and fixed-line communications services; and sells mobile devices. The company is also involved in internet advertising marketing, online advertising distribution, e-book distribution, investment, and planning and operation of a fashion e-commerce website; and designs and develops mobile robots. In addition, it designs microprocessor intellectual property and related technology; sells software tools; and generates, supplies, and sells electricity from renewable energy sources, as well as offers related services. Further, the company provides investment management and marketing services, smartphone payment services, PC software downloads, banking services, and solutions and services for online businesses; distributes video, voice, and data content; manufactures, distributes, and sells IT-related products, as well as IT-related services; and manages funds. The company operates a professional baseball team, as well as manages and maintains baseball stadium and other sports facilities; and operates ITmedia, an IT information site. It also operates the fashion online shopping website ZOZOTOWN. The company was formerly known as SoftBank Corp. and changed its name to SoftBank Group Corp. in July 2015. SoftBank Group Corp. was incorporated in 1981 and is headquartered in Tokyo, Japan.
Companies with ret. on equity similar to SoftBank
- RF Industries has Ret. on equity of -21.26%
- Tata Motors has Ret. on equity of -21.25%
- Nomad Technologies has Ret. on equity of -21.24%
- GEE Inc has Ret. on equity of -21.22%
- Ko Yo Chemical () has Ret. on equity of -21.20%
- R3D Global has Ret. on equity of -21.20%
- SoftBank has Ret. on equity of -21.20%
- Highcroft Investments Plc has Ret. on equity of -21.17%
- Anova Metals has Ret. on equity of -21.15%
- VR Resources has Ret. on equity of -21.14%
- Kutcho Copper has Ret. on equity of -21.13%
- Central Iron Ore has Ret. on equity of -21.13%
- WildBrain has Ret. on equity of -21.12%