Cryptocurrency Q&A What is a good percentage for return on equity?

What is a good percentage for return on equity?

Maria Maria Thu Sep 26 2024 | 7 answers 1625
Can you please clarify what a good percentage for return on equity (ROE) might be? ROE is a key financial metric used to measure a company's profitability relative to its shareholders' equity. Different industries and companies may have varying standards for what constitutes a "good" ROE. Is there a specific benchmark or range that is generally considered desirable, or does it depend on factors such as the company's size, industry, and growth potential? Additionally, how should investors interpret a high or low ROE, and what are some potential implications for a company's stock price? What is a good percentage for return on equity?

0 answers

Related questions

| Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts