Published on 17 Nov 2019 on Simply Wall St. via Yahoo Finance
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). By way of learning-by-doing, we'll look at ROE to gain a better understanding of Bâloise Holding AG (VTX:BALN).
Over the last twelve months Bâloise Holding has recorded a ROE of 9.8%. That means that for every CHF1 worth of shareholders' equity, it generated CHF0.10 in profit.