Most investors treat ROE as a golden metric. The higher, the better—right? Wrong.
Thank you for the value!
Use “valuation multiples” that are “applicable to ALL business models”:
P/E ÷ ROIC
&
P/E ÷ ROA
Thank you for the value!
Use “valuation multiples” that are “applicable to ALL business models”:
P/E ÷ ROIC
&
P/E ÷ ROA