EFUG Stock Price and Chart

EFU General Insurance

 Change Rs. -4.32 (-0.04%)

2019-06-19

Random Financial Term

Return on Equity (ROE)

What you Need ?

Income Statement, Balance Sheet

Return on Equity = Net Income / Average Stockholder Equity

Equity is another word for ownership. ROE tells you how good a company is at rewarding its shareholders for their investment. For example, if Company B reported $10,000 of net income and its shareholders have $200,000 in equity, its ROE is 5%. For every $1 of equity shareholders own, the company generates $0.05 in profits each year. As with ROA, higher is better.

Top Players