Is John Lewis of Hungerford plc's (LON:JLH) ROE Of 47% Impressive?

Published on 4 Dec 2022 on Simply Wall St. via Yahoo Finance

Is John Lewis of Hungerford plc's (LON:JLH) ROE Of 47% Impressive?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. To keep the lesson grounded in practicality, we'll use ROE to better understand John Lewis of Hungerford plc (LON:JLH).

Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.

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Is John Lewis of Hungerford plc's (LON:JLH) ROE Of 47% Impressive?

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Is John Lewis of Hungerford plc's (LON:JLH) ROE Of 47% Impressive?

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