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Return on Equity

Posted: Wed Oct 07, 2020 7:57 pm
by foxtrotf
Hello guys! Could you give some help, from which numbers do the "Return on Equity" (in Corporate Details -> Rankings) comes? I mean I known the basic formula I guess, but my calculations never hit this number in this Rankings.

Re: Return on Equity

Posted: Thu Oct 08, 2020 1:29 pm
by David
It is calculated by dividing the company's net profit in the past 12 months (instead of the annual profit in the calendar year) by shareholders' equity.