Prostarm Info Systems Limited (NSE:PROSTARM) Stock’s Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Prostarm Info Systems (NSE:PROSTARM) has had a rough three months with its share price down 14%. However, stock prices are usually driven by a company’s financials over the long term, which in this case look pretty respectable. Specifically, we decided to study Prostarm Info Systems’ ROE in this article.
Return on equity or ROE is a key measure used to assess how efficiently a company’s management is utilizing the company’s capital. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.
How Is ROE Calculated?
The formula for return on equity is:
Return on…
