zwu,It seems you can never understand the identityActually I...

zwu,

It seems you can never understand the identity

Actually I understand equity.

You however, don't understand equity.

ROE x EQPS = EPS

That equation is erroneous.

Look, by definition

ROE (return on equity)
= total-return / total_equity
= return_per_share / equity_per_share
= return_per_share / EQPS

Wrong. Utterly wrong.

Because that's not even the correct definition of ROE.

The definition of ROE is:

         Net Income
  ROE = ------------
        Total Equity

It is NOT

        Total Return
  ROE = ------------
        Total Equity

because a return is expressed as a percentage.

Income on the other hand is expressed as a dollar amount.

Haha !

So

ROE x EQPS
= (return_per_share / EQPS) x EQPS
= return_per_share
= earnings_per_share
= EPS

End of proof.

No, the definition of EPS is:

           Net Income 
  EPS = ----------------
        Total ->Shares<-

The only proof here is your disgraceful lack of understanding the difference between Equity and Earnings.

Any more kindergarten-style questionss?

Sure.

    What is the difference between Equity and Earnings ?

Hmm ?