Ideal Percentage Return on Equity

[BrinkJ]

Thinking about a public retail company existing for more than 47 years, would you consider 23.12% as a good percentage return on equity?

 

[kirby]

Depends on the industry averages. Google "ROE average industry" as a start

 

[Samir]

From a general investor standpoint, yes. From a comparison within the industry, I'd check out that kirby posted.