Cracking the Code: How to Gauge a Company’s True Value with ROE
Return on Equity (ROE) measures a company’s efficiency in generating profit from shareholder investments. ROE is calculated by dividing net profit by shareholders’ equity, indicating how much profit is earned per dollar invested. OGE Energy Corp. exhibits a 9.5% ROE, slightly above the electric utilities sector average of 9.1%. OGE’s debt-to-equity ratio of 1.19 suggests […]
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