Indian Renewable Energy Development Agency (BOM:544026) 3-Year Book Growth Rate : 41.90% (As of Mar. 2024)

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What is Indian Renewable Energy Development Agency 3-Year Book Growth Rate?

Indian Renewable Energy Development Agency's Book Value per Share for the quarter that ended in Mar. 2024 was ₹31.85.

During the past 12 months, Indian Renewable Energy Development Agency's average Book Value per Share Growth Rate was 44.20% per year. During the past 3 years, the average Book Value per Share Growth Rate was 41.90% 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 Indian Renewable Energy Development Agency was 41.90% per year. The lowest was 41.90% per year. And the median was 41.90% per year.

Competitive Comparison of Indian Renewable Energy Development Agency's 3-Year Book Growth Rate

For the Credit Services subindustry, Indian Renewable Energy Development Agency'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.

Indian Renewable Energy Development Agency's 3-Year Book Growth Rate Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Indian Renewable Energy Development Agency's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Indian Renewable Energy Development Agency's 3-Year Book Growth Rate falls into.

Indian Renewable Energy Development Agency 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.

Indian Renewable Energy Development Agency (BOM:544026) 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.

Indian Renewable Energy Development Agency 3-Year Book Growth Rate Related Terms

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Indian Renewable Energy Development Agency (BOM:544026) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Indian Renewable Energy Development Agency Ltd (BOM:544026) » Definitions » 3-Year Book Growth Rate

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IREDA:India

Address

August Kranti Bhavan, 3rd Floor, Bhikaji Cama Place, New Delhi, IND, 110066

Website

https://www.ireda.in

Indian Renewable Energy Development Agency Ltd is a wholly owned Government of India (GoI) enterprise under the administrative control of the Ministry of New and Renewable Energy. It is a financial institution with over 36 years of experience in the business of promoting, developing and extending financial assistance for new and renewable energy (RE) projects, and energy efficiency and conservation (EEC) projects. It provides a comprehensive range of financial products and related services, from project conceptualization to post-commissioning, for RE projects and other value chain activities, such as equipment manufacturing and transmission.

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