R
Ridgerunner
Guest
“Return on equity” doesn’t tell you a whole lot. “Equity” is simply assets minus liabilities. If one has a low equity one shows a higher return on equity than a company with a high equity, all other things being equal. XOM’s PE ratio at slightly less than 10 is nothing to write home about, which reflects a not-terribly-exciting prospect for the future in the eyes of investors.Google Finance, type in XOM, look on the right side towards the bottom.