Rashid Arshad's Stock Profile on Pak Stock Exchange
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Rashid Arshad's Stock Profile

Doctor/Engineer/Lawyer/Accountant
Karachi, Pakistan
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Rank 131

Previous Rank 118

Stocks & Cash

This section shows the cash balance in this account and the details of the shares that are bought.

Cash Balance Rs. 500,000

There are no stocks in this account right now.
Total Account Value Rs. 500,000

Transactions


Date Description
February 12, 2019 Cash Deposited
February 12, 2019 Portfolio Created

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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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