What you Need ?
Income Statement, Balance SheetFormula
Return on Equity = Net Income / Average Stockholder EquityMeaning
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.
Muhammad Umair Tasleem
Zaigham Imran Nizami