GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kotak Mahindra Bank Ltd (NSE:KOTAKBANK) » Definitions » 3-Year RORE %

Kotak Mahindra Bank (NSE:KOTAKBANK) 3-Year RORE % : 15.92% (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Kotak Mahindra Bank 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Kotak Mahindra Bank's 3-Year RORE % for the quarter that ended in Dec. 2023 was 15.92%.

The industry rank for Kotak Mahindra Bank's 3-Year RORE % or its related term are showing as below:

NSE:KOTAKBANK's 3-Year RORE % is ranked better than
65.97% of 1393 companies
in the Banks industry
Industry Median: 5.56 vs NSE:KOTAKBANK: 15.92

Kotak Mahindra Bank 3-Year RORE % Historical Data

The historical data trend for Kotak Mahindra Bank's 3-Year RORE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kotak Mahindra Bank 3-Year RORE % Chart

Kotak Mahindra Bank Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.26 10.67 9.81 10.40 13.31

Kotak Mahindra Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.18 13.31 16.35 17.90 15.92

Competitive Comparison of Kotak Mahindra Bank's 3-Year RORE %

For the Banks - Regional subindustry, Kotak Mahindra Bank's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kotak Mahindra Bank's 3-Year RORE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kotak Mahindra Bank's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Kotak Mahindra Bank's 3-Year RORE % falls into.



Kotak Mahindra Bank 3-Year RORE % Calculation

Kotak Mahindra Bank's 3-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 87.58-54.17 )/( 213.31-3.5 )
=33.41/209.81
=15.92 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 3-year before.


Kotak Mahindra Bank  (NSE:KOTAKBANK) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Kotak Mahindra Bank 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of Kotak Mahindra Bank's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Kotak Mahindra Bank (NSE:KOTAKBANK) Business Description

Traded in Other Exchanges
Address
27BKC, C-27, G-Block, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400051
Kotak Mahindra Bank Ltd is an Indian banking and finance group offering personal finance solutions, transaction banking, operating lending verticals, managing IPOs, and providing working capital loans. The company's operating segment includes Treasury, (Balance Sheet Management Unit)BMU and Corporate Centre, Retail Banking, Corporate/Wholesale Banking, Vehicle Financing, Other Lending Activities, Broking, Advisory and Transactional Services, Asset Management, and Insurance. It generates the highest revenue from the Retail Banking segment. Some of its services include Savings Account, Safe Deposit Locker, Recurring Deposit, Sweep-In Facility, Debit and Credit Cards, Home Loan, Education Loan, Loan Against Securities, Life Insurance, Portfolio Management Service and others.

Kotak Mahindra Bank (NSE:KOTAKBANK) Headlines

No Headlines