Name: Return on Equity (ROE)

Definition: ROE shows how much profit the company earns for its shareholders based on their invested equity. It’s one of the most watched profitability ratios. A consistently high ROE signals strong management and efficient use of shareholder capital. But artificially high ROE may sometimes be boosted by excessive debt.

Interpretation:
• In '2020', BHV's return on equity was 1.8%, measuring profitability for shareholders. Industry average for Finance/Investors Services in '2020' stood at 6.3%.
• In '2021', BHV's return on equity was 5.8%, measuring profitability for shareholders. The increase since '2020' reflects strengthening financial performance. Industry average for Finance/Investors Services in '2021' stood at 12.9%. Industry average increased by 6.6% compared to previous year.
• In '2023', BHV's return on equity was -4.1%, measuring profitability for shareholders. The decline from '2021' may indicate some operational or financial challenges. Industry average for Finance/Investors Services in '2023' stood at 1.7%. Industry average declined by 11.2% from previous year.
• In '2024', BHV's return on equity was 3.5%, measuring profitability for shareholders. The increase since '2023' reflects strengthening financial performance. Industry average for Finance/Investors Services in '2024' stood at 14.2%. Industry average increased by 12.6% compared to previous year.
Overall, BHV's return on equity has been volatile but generally stable over the past 4 years.

Formula: ROE = Net Income / Shareholders' Equity

Good Range: 10%-20% desirable for many industries.