Return On Equity ratio Analysis of Globant SA - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Not Good ROE
9.17
Period Ending - Dec-22
Not Good ROE
9.92
Growth
-7.56 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Indecisive ROE
10.03
Most recent Quarter ROE
Period Ending - Mar-24
Indecisive ROE
2.58
ROE Analysis of Globant SA
| ROE Ratio of GLOB has fallen by -7.56 % Compared to previous Financial Year. |
| ROE Ratio with value of 12.31 was highest in Year Dec-19 in last Five Years. |
| ROE Ratio with value of 6.16 was lowest in Year Dec-20 in last Five Years. |
| Latest ROE Ratio with value of 9.17 is Greater than Average ROE of 8.98 in last five years. |
Other ROE Related Info of GLOB that may interest you.
Globant SA Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| GLOB | 159.31 | 160.93 | 1.01 % | Information Technology Services |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Low Profitability Stock | |
FY - Historical Return On Equity of Globant SA
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | 9.17 | 9.92 | 7.36 | 6.16 | 12.31 | 15.27 | 11.57 |
| Change | -7.56 % | 34.73 % | 19.44 % | -49.96 % | -19.36 % | 32.03 % | -32.75 % |
FY Chart of Return On Equity of Globant SA
Note : All Data Generated at the End of Trading Hours (EOD Data)