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Tungray Technologies (Tungray Technologies) 3-Year Book Growth Rate : 16.30% (As of Dec. 2023)


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What is Tungray Technologies 3-Year Book Growth Rate?

Tungray Technologies's Book Value per Share for the quarter that ended in Dec. 2023 was $1.01.

During the past 12 months, Tungray Technologies's average Book Value per Share Growth Rate was -14.90% per year. During the past 3 years, the average Book Value per Share Growth Rate was 16.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 4 years, the highest 3-Year average Book Value per Share Growth Rate of Tungray Technologies was 16.30% per year. The lowest was 16.30% per year. And the median was 16.30% per year.


Competitive Comparison of Tungray Technologies's 3-Year Book Growth Rate

For the Metal Fabrication subindustry, Tungray Technologies's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tungray Technologies's 3-Year Book Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tungray Technologies's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Tungray Technologies's 3-Year Book Growth Rate falls into.



Tungray Technologies 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.


Tungray Technologies  (NAS:TRSG) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


Tungray Technologies 3-Year Book Growth Rate Related Terms

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Tungray Technologies (Tungray Technologies) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Innovation Place Tower 4, No. 02-01, 31 Mandai Estate, Singapore, SGP, 729933
Tungray Technologies Inc is an engineer-to-order company that provides custom industrial manufacturing solutions to original equipment manufacturers in the semiconductor, printer, electronics and home appliance industries. It primarily generates revenue through the manufacture of custom industrial manufacturing solutions, direct drive and linear DC motors, and induction welding equipment.

Tungray Technologies (Tungray Technologies) Headlines

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