WRIGHT INVESTORS’ SERVICE HOLDINGS, INC. (IWSH) Return on equity 2016–2017
WRIGHT INVESTORS’ SERVICE HOLDINGS, INC. (IWSH) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-11.7%FY2017 · since FY2016: -17.6% → -11.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2017 | -11.7% | +5.9 pp |
| FY2016 | -17.6% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice