Pareteum Corp Ret. on equity
What is the Ret. on equity of Pareteum Corp?
The Ret. on equity of Pareteum Corp is -349.11%
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 Communication Services sector on NASDAQ compared to Pareteum Corp
Companies with ret. on equity similar to Pareteum Corp
- Avis Budget has Ret. on equity of -353.39%
- Smiles Inclusive has Ret. on equity of -353.14%
- Lydian International has Ret. on equity of -352.89%
- Modern Meat has Ret. on equity of -352.42%
- Eagle Mountain Mining has Ret. on equity of -351.66%
- cbdMD Inc has Ret. on equity of -350.22%
- Pareteum Corp has Ret. on equity of -349.11%
- Amoeba S.A has Ret. on equity of -348.70%
- Crown ElectroKinetics has Ret. on equity of -348.19%
- 8common has Ret. on equity of -347.65%
- BioVie has Ret. on equity of -347.35%
- BioVie has Ret. on equity of -347.35%
- BioVie has Ret. on equity of -347.35%