Add Return on Equity (ROE)
Add ROE to the database as another variable.
Louis Brunetti shared this idea
Howard Karl commented
I find it hard to believe that this is not in the Stock Analysis as it is one of the most basic Fundamental Analysis of the performance of a company.
Josh Stansfield commented
believe this can be defined as a custom field from existing fields:
RoE = 100*EPS*Shares/MktCap
John Purtell commented
Excellent idea, especially if using CANSLIM methodology.
Patrick Stander commented
I ran out of votes before I saw this one. This is a great idea.
Joey Stinnett commented
Yes this is one of the most important numbers in stock selection why not?!
Edy Leuenberger commented
I agree, to include ROE as a searchable item. The best companies have ROE values of >17%
Louis Brunetti commented
Another helpful way to screen stocks. Believe it would be valuable to know.