Mukhtar Textile - MUKT - Stock Price and Chart
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MUKT Stock Price and Chart

Mukhtar Textile

Change: Rs. -0.01 (-0.01%)

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1.10 1.09 0.89 1.10 188,500

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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.

Top Players

Based on 2020-11-25 data
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+12.6%
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+10.1%
wali ch
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+9.2%