Most investors treat ROE as a golden metric. The higher, the better—right? Wrong.
I was hoping the title’s punchline would be “Here’s How to Pick a Great Stock”
Use “valuation multiples” that are “applicable to ALL business models”:
P/E ÷ ROIC
&
P/E ÷ ROA
Thank you for the value!
I was hoping the title’s punchline would be “Here’s How to Pick a Great Stock”
Use “valuation multiples” that are “applicable to ALL business models”:
P/E ÷ ROIC
&
P/E ÷ ROA
Thank you for the value!