Pure Bioscience Return on Equity (ROE) Growth & History (PURE)

Pure Bioscience's return on equity was −189.48% for fiscal 2023.

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Pure Bioscience annual return on equity history

Pure Bioscience annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20232023-07-31−189.48%−93.07 pp
20222022-07-31−96.41%−39.46 pp
20212021-07-31−56.95%−57.08 pp
20202020-07-310.13%+530.61 pp
20192019-07-31−530.47%+48.45 pp
20182018-07-31−578.92%−380.50 pp
20172017-07-31−198.42%+189.67 pp
20162016-07-31−388.09%+247.49 pp
20152015-07-31−635.58%
20122012-08-14−353.83%

Pure Bioscience return on equity trends

Over the last five fiscal years, Pure Bioscience's return on equity increased from −578.92% to −189.48%, a change of +389.44 percentage points. The latest reported quarter, Q4 2023, shows −135.17%.

About the metric

What return on equity (ROE) means

Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.

Calculation and source

How return on equity is calculated

TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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