International Steel Ltd - ISL - Stock Price and Chart
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ISL Stock Price and Chart

International Steel Ltd

Change: Rs. -0.52 (-0.01%)

2021-01-19
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92.10 91.58 91.30 94.25 2,517,250

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Return on Equity (ROE)

What you Need ?

Income Statement, Balance Sheet

Formula

Return on Equity = Net Income / Average Stockholder Equity

Meaning

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.

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