Bancolombia S.A Ret. on equity

What is the Ret. on equity of Bancolombia S.A?

The Ret. on equity of Bancolombia S.A. is 19.69%

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 Finance sector on NYSE compared to Bancolombia S.A

What does Bancolombia S.A do?

Bancolombia S.A. is a full-service financial institution that provides financial products and services in Colombia, Panama, El Salvador, Puerto Rico, the Cayman Islands, Peru and Guatemala. Bancolombia is one of the six banking-related companies of the COLCAP index.

Companies with ret. on equity similar to Bancolombia S.A

Nippon Life India Asset Management has Ret. on equity of 19.66%
E.I.D.- Parry (India) has Ret. on equity of 19.66%
Shin-Etsu Chemical Co has Ret. on equity of 19.67%
NetEase Inc has Ret. on equity of 19.67%
Church & Dwight Co has Ret. on equity of 19.68%
Transalta has Ret. on equity of 19.69%
Bancolombia S.A has Ret. on equity of 19.69%
De Nora India has Ret. on equity of 19.71%
Federal Signal has Ret. on equity of 19.71%
Kina Securities has Ret. on equity of 19.71%
Thomas Scott (India) has Ret. on equity of 19.71%
Voestalpine AG has Ret. on equity of 19.71%
Hindustan Unilever has Ret. on equity of 19.72%