Published on 13 Mar 2024 on Simply Wall St. via Yahoo Finance
Is QBE Insurance Group Limited's (ASX:QBE) Stock's Recent Performance Being Led By Its Attractive...
Most readers would already be aware that QBE Insurance Group's (ASX:QBE) stock increased significantly by 20% over the past three months. Since the market usually pay for a company’s long-term fundamentals, we decided to study the company’s key performance indicators to see if they could be influencing the market. In this article, we decided to focus on QBE Insurance Group's ROE.
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 simpler terms, it measures the profitability of a company in relation to shareholder's equity.
View our latest analysis for QBE Insurance Group