Valuation check: ME's ROE is -721.75%, below the Healthcare sector average of 21.28%.
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Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
23andMe Holding (ME) currently reports a ROE of -721.75%. That is below the Healthcare sector average of 21.28%. Use the charts on this page to explore 23andMe Holding's ROE history and peer comparisons.
23andMe Holding's ROE of -721.75% is lower than the Healthcare sector average of 21.28%. That is roughly 3491.7% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' ROE, but 23andMe Holding's current -721.75% should be judged against Healthcare norms (sector average: 21.28%) and against ME's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current ROE of -721.75%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Healthcare average is 21.28%. From there, open related valuation or income-statement pages for 23andMe Holding, and consider following ME for alerts when major investors trade the stock.
23andMe Holding is classified in the Healthcare sector. On ROE, it currently shows -721.75% versus a sector average near 21.28%. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Healthcare are usually more informative than comparing ME with unrelated industries.