Quote Originally Posted by Valuegrowth View Post
Thank you for the analysis.

18% = 532 ÷ US$3.1b (Based on the trailing twelve months to September 2018.)

As per the following link ROE: 27.13 %( As of Sep 2018) for the quarter that ended in Sep. 2018.

https://www.gurufocus.com/term/ROE/Y...a-Holdings-Inc
OK I accept that looking at the latest quarterly result and annualising the most recently declared twelve months of earnings from that base is another acceptable way to work ROE out. I guess the main point to come out from this though is, whatever method you use, ROE still comes up looking good (more than 15%)!

SNOOPY