• Wipro average return on tangible equity for 2023 was 30.06, a 5.38% decline from 2022.
• Wipro average return on tangible equity for 2022 was 31.77, a 3.38% decline from 2021.
• Wipro average return on tangible equity for 2021 was 30.73, a 38.92% 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.