Acknit Industries (BOM:530043) 3-Year Book Growth Rate : 13.10% (As of Dec. 2023)

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What is Acknit Industries 3-Year Book Growth Rate?

Acknit Industries's Book Value per Share for the quarter that ended in Dec. 2023 was ₹0.00.

During the past 12 months, Acknit Industries's average Book Value per Share Growth Rate was 11.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was 13.10% per year. During the past 5 years, the average Book Value per Share Growth Rate was 11.20% per year. During the past 10 years, the average Book Value per Share Growth Rate was 9.40% 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 13 years, the highest 3-Year average Book Value per Share Growth Rate of Acknit Industries was 13.10% per year. The lowest was 4.20% per year. And the median was 8.05% per year.

Competitive Comparison of Acknit Industries's 3-Year Book Growth Rate

For the Footwear & Accessories subindustry, Acknit Industries'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.

Acknit Industries's 3-Year Book Growth Rate Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Acknit Industries's 3-Year Book Growth Rate distribution charts can be found below:

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

Acknit Industries 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.

Acknit Industries (BOM:530043) 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.

Acknit Industries 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Acknit Industries's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Acknit Industries (BOM:530043) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Acknit Industries Ltd (BOM:530043) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ecostation, Block - BP, Plot No.7, Sector- V, 5th Floor, Suit No. 504, Salt Lake City, Kolkata, WB, IND, 700091

Website

https://www.acknitindia.com

Acknit Industries Ltd manufactures all types of garments, gloves, and other apparel products. The company operates through four segments namely Hand gloves, Garments, Other & traded items, and Power generation segment. Most of the firm's revenue gets derived from the Hand Gloves segment which consists of cut and sewn dipped gloves, seamless dipped gloves, Canadian/ welder/ driver gloves, Cut resistant gloves, heat resistant gloves, and kelvlar leather gloves.

Acknit Industries (BOM:530043) Headlines

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