• Nippon Paint Holdings average return on equity for 2023 was 8.3, a 22.24% increase from 2022.
• Nippon Paint Holdings average return on equity for 2022 was 6.79, a 8.37% increase from 2021.
• Nippon Paint Holdings average return on equity for 2021 was 7.41, a 32.8% decline from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.