Average ROE definition
Average ROE means the sum of the ROE for each completed Plan Year in a Performance Cycle divided by the number of completed Plan Years in the Performance Cycle, provided that two or more completed fiscal quarters may, in the discretion of the Committee, constitute a completed Plan Year.
Average ROE means the mathematical result obtained by (a) calculating the return on equity for each year in the Computation Period, (b) adding the return on equity calculations for all years in the Computation Period; and (c) dividing the total by the number of years in the Computation Period.
Average ROE means the sum of the Company’s Return on Equity for each year of the Performance Period, calculated as the Company’s net income divided by the average of the shareholders’ equity at the beginning of such year and the end of such year, divided by two; where such net income is calculated in accordance with GAAP, subject at all times to adjustment pursuant to Section 5.2 and the Plan.
More Definitions of Average ROE
Average ROE means a company’s average reported return on equity for each year during the Performance Period, divided by three (not determined on an aggregate three year basis). Average ROE % of a component company in the Peer Group and of the Company shall be adjusted to take into account stock splits, reverse stock splits, and special dividends that occur during the Performance Period.
Average ROE means the simple average of the Company's ROE for each of the three Fiscal Years in the Performance Cycle.
Average ROE means the Company’s average annual return on shareholders’ equity from operating results for continuing operations for each fiscal year that falls within the Performance Period. Average ROE shall be adjusted in the same manner as Cumulative EPS, as described above.
Average ROE means the capital weighted average of ROE for all Plan Years in the Performance Period.