K-Electric Ltd. - KEL - Stock Price and Chart
logo

KEL Stock Price and Chart

K-Electric Ltd.

Change Rs. -0.20 (-0.06%)

2019-08-23
Share on Facebook
Open Close Low High Volume
3.76 3.56 3.52 3.76 5,374,500

Random Financial Term

View More

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.

Top Players

Based on 2019-08-22 data
Player Profit
munawar ali
lahore
+10.6%
Muhammad Haroon Zafar
Faisalabad
+9.9%
afnan shehzad
Karachi, Pakistan
+9.2%
Razz Shah Ji
Karachi
+8.3%
Travel. Eat. Repeat
Karachi, Pakistan
+7.6%