PLDT Return On Tangible Equity 2010-2024 | PHI
- PLDT average return on tangible equity for 2023 was 18.67, a 60.79% increase from 2022.
- PLDT average return on tangible equity for 2022 was 47.62, a 3.52% decline from 2021.
- PLDT average return on tangible equity for 2021 was 46, a 0.86% increase from 2020.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.