Stocks 1st Oct '21 Inflation and ROEs According to this analysis, inflation doesn’t have a huge impact on return on equity in corporates. Even in a high inflation environment (something not seen for 28 years) it is only 150bps lower. Source: Pzena. Click to share on Twitter (Opens in new window)Click to email a link to a friend (Opens in new window)Click to share on LinkedIn (Opens in new window)