ROE is 20%, but what you neglect to consider is the price to book is about 2.8. Adjusting for that premium to book, the effective simple return is 20% / 2.8 ~= 7%. That's nothing extraordinary.
ROE is 20%, but what you neglect to consider is the price to...
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Last
$17.39 |
Change
0.060(0.35%) |
Mkt cap ! $4.754B | |||
| Open | High | Low | Value | Volume |
| $17.43 | $17.50 | $17.18 | $5.524M | 318.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 771 | $17.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.39 | 2589 | 25 |
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| Last trade - 12.19pm 03/12/2024 (20 minute delay) ? |
| FLT (ASX) Chart |
