JAPAN TOB Return On Tangible Equity 2016-2025 | JAPAY
- JAPAN TOB average return on tangible equity for 2024 was 75.83, a 20.93% decline from 2023.
- JAPAN TOB average return on tangible equity for 2023 was 95.9, a 30.07% decline from 2022.
- JAPAN TOB average return on tangible equity for 2022 was 137.13, a 5.79% decline from 2021.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.