• Smiths Group average return on tangible equity for 2016-01-31 was 0, a 0% decline from 2016-07-31.
• Smiths Group average return on tangible equity for 2016-07-31 was 0, a 0% decline from 2017-07-31.
• Smiths Group average return on tangible equity for 2017-07-31 was 0, a 0% decline from 2018-01-31.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.