Any analysis is just the opinion of the author. Stockdissector is NOT an investment advisor.
Wednesday, April 27, 2016
What is return on equity?
Return on equity (ROE) is defined by the following formula—(Net
Income/Stockholder’s equity) x 100. Sometimes investors use this formula—(Net
Income/Average Stockholder’s equity) x 100. I like to see companies with ROE of
12% or more.