Return on tangible equity
Return on tangible equity (ROTE) (also return on average tangible common shareholders' equity (ROTCE)) measures the rate of return on the tangible common equity.
ROTE is computed by dividing net earnings (or annualized net earnings for annualized ROTE) applicable to common shareholders by average monthly tangible common shareholders' equity.[1] Tangible common shareholders' equity equals total shareholders' equity less preferred stock, goodwill, and identifiable intangible assets.
References
- ^ Return on Average Tangible Common Shareholders' Equity
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Financial ratios
- Buffett indicator
- Cyclically adjusted price-to-earnings (CAPE)
- Capitalization rate (Cap Rate)
- Cash return on cash invested (CROCI)
- Debt-to-equity (D/E)
- Dividend cover
- Dividend payout
- Earnings yield (E/P)
- Enterprise value/EBITDA (EV/EBITDA)
- Enterprise value/gross cash invested (EV/GCI)
- Enterprise value/sales (EV/Sales)
- Loan-to-value (LTV)
- Omega
- Operating margin
- Price-to-book (P/B)
- Present value of growth opportunities (PVGO)
- Price/cash flow (P/CF)
- Price-earnings (P/E)
- Price-earnings to growth (PEG)
- Price-sales (P/S)
- Profit margin
- Return on assets (ROA)
- Return on net assets (RONA)
- Return on capital (ROC)
- Return on capital employed (ROCE)
- Return on equity (ROE)
- Return on tangible equity (ROTE)
- Risk-adjusted return on capital (RAROC)
- Risk return (RRR)
- Sharpe
- Short interest (SIR)
- Sortino
- Sustainable growth (SGR)
- Treynor
