Return on Equity (ROE) = Net profit after tax / Common shareholders’ equity
Remember
All ratios are calculated on a trailing 12 months (TTM) basis.
This means the last twelve months (not the company’s financial year) is compared to the same period in the past.
We do this to make sure that the screener data includes the latest, most up to date, financial results of the company.
How to use the ratio
Available as a screening ratio: Yes
Available as an output column ratio: Yes (Look in the Quality tab)
How to select the highest Return on Equity companies
To find companies with the highest Return on Equity set the slider from 0% to 10%.
Click here to start finding high Return on Equity companies for your portfolio NOW!