Review and Application Strategies for Finance and Investment Metrics Using Breakdown Properties of Return On Equity(ROE)

ROE 분해구조의 특성을 이용한 재무투자지표의 고찰 및 적용방안

  • 최성운 (가천대학교 산업공학과)
  • Published : 2013.04.21

Abstract

In this paper, we provide application strategies of representative finance and investment metrics using breakdown properties of Return On Equity(ROE). The research discusses the relationship of ROE for finance and investment metrics such as Return On Asset(ROA), Return On Invested Capital(ROIC), Price Book Ratio(PBR), and Price Earning Ratio(PER). Furthermore, we provide three different perspectives of its purpose and utility of Residual Income(RI) Models, Market Value(MV) Models and Enterprise Value(EV) Models.

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