Published on 22 Apr 2024 on Simply Wall St. via Yahoo Finance
Most readers would already know that Münchener Rückversicherungs-Gesellschaft in München's (ETR:MUV2) stock increased by 5.6% over the past three months. Since the market usually pay for a company’s long-term financial health, we decided to study the company’s fundamentals to see if they could be influencing the market. In this article, we decided to focus on Münchener Rückversicherungs-Gesellschaft in München's ROE.
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. Simply put, it is used to assess the profitability of a company in relation to its equity capital.