BackProShares Trust - ProShares Short Basic Materials Overview
ProShares Trust - ProShares Short Basic Materials

ProShares Trust - ProShares Short Basic Materials Return on Equity

ProShares Trust - ProShares Short Basic Materials (SBM) has a ROE of -25.93%, below the sector sector average of -5.71%.

Get informed when a big investor buys or sells

+ Follow

ROE

-25.93%

Return on Equity

-25.93%

Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.

ROE (Comparison Companies)

Loading

ROE History

Loading

ROE Comparison

Loading

ProShares Trust - ProShares Short Basic Materials (SBM) FAQ

ProShares Trust - ProShares Short Basic Materials posts a ROE of -25.93%. That is below the sector sector average of -5.71%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

For its sector stocks, a ROE near -5.71% is typical. ProShares Trust - ProShares Short Basic Materials's -25.93% is lower that level. That is roughly 354.0% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

ProShares Trust - ProShares Short Basic Materials's ROE moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is -25.93%; use YoY and peer views to separate noise from signal.

Context for SBM's ROE usually means three checks: (1) trend versus prior periods, (2) level versus peers (average -5.71%), and (3) consistency with growth and profitability. This page covers the first two; ProShares Trust - ProShares Short Basic Materials's other metric pages and overview cover the third.