Return On Equity ratio Analysis of Starbox Group Holdings Ltd. - Deep Dive
WARN : Please note that some of the values may not be in base currency

Latest FY ROE
Period Ending - Sep-23

2.39


Poor ROE
Period Ending - Sep-22
15.63

Good ROE
Growth
-84.69 %
Trailing Twelve Months ROE
Period Ending - Sep-23

4.30


Poor ROE
Most recent Quarter ROE
Period Ending - Dec-23

0.436


Poor ROE
ROE Analysis of Starbox Group Holdings Ltd.
ROE Ratio of Starbox Group Holdings Ltd. with value of 4.30 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months.
ROE Ratio of Starbox Group Holdings Ltd. with value of 0.436 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Dec-23.
ROE Ratio of STBX drastically fell by -84.69 % this year.
Other ROE Related Info of STBX that may interest you.
Starbox Group Holdings Ltd. Overview
CodePricePrevious PricePrice ChangeSector
STBX0.1870.19 1.58 % Internet Content & Information
Fundamental AnalysisTechnical Analysis
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund.   more ..
Return On Equity Formula

ROE Related Ratios
ReturnOnAssetNetProfitMargin

Tsr Profitability Index
Low Profitability Stock
FY - Historical Return On Equity of Starbox Group Holdings Ltd.
PeriodSep-23Sep-22Sep-21Sep-20
ROE2.3915.63114.780
Change-84.69 %-86.38 %
FY Chart of Return On Equity of Starbox Group Holdings Ltd.


Note : All Data Generated at the End of Trading Hours (EOD Data)