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Return on Value (ROV)

Return on Value (ROV) measures how effectively a company or project creates value relative to the resources invested. It assesses whether the benefits gained—such as increased revenue, customer satisfaction, or market share—justify the costs or efforts involved. Essentially, ROV helps determine if the value generated outweighs the expenses, guiding decisions on investments and strategies. A higher ROV indicates a better return on the value created, showing efficient use of resources to achieve meaningful results. It's a useful metric for evaluating the true impact of initiatives beyond traditional financial metrics.