Calculating ROE

#1
Hi,

I am calculating ROE of Hindustan Unilever. Now Hind Unilever has Equity Capital of 216 Crs. I need net income of the company. when i am picking Net Income from PL statement ROE stands at 34 while Screener and Moneycontrol showing ROE of 74 Please let me know which is the correct Net Income of Hindunilever.
 

stoch

Active Member
#3
Equity = equity cap + reserves
Equity equals Total assets - Total Liabilities, and ROE is net profit/equity. But I prefer to focus on ROA since it better reflects company investment performance. I used it for comparative analysis trading stocks with Hotforex.
 

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