POSCO Return On Tangible Equity 2010-2024 | PKX
- POSCO average return on tangible equity for 2023 was 3.49, a 69.44% decline from 2022.
- POSCO average return on tangible equity for 2022 was 11.42, a 12.4% decline from 2021.
- POSCO average return on tangible equity for 2021 was 10.16, a 283.4% increase from 2020.
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.