Published on 6 May 2024 on Simply Wall St. via Yahoo Finance
CRH plc's (NYSE:CRH) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
CRH's (NYSE:CRH) stock up by 9.6% over the past three months. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Specifically, we decided to study CRH's ROE in this article.
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.