Millat Tractors (KAR:MTL) 3-Year Book Growth Rate : 21.60% (As of Mar. 2024)

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What is Millat Tractors 3-Year Book Growth Rate?

Millat Tractors's Book Value per Share for the quarter that ended in Mar. 2024 was ₨47.52.

During the past 12 months, Millat Tractors's average Book Value per Share Growth Rate was 25.60% per year. During the past 3 years, the average Book Value per Share Growth Rate was 21.60% per year. During the past 5 years, the average Book Value per Share Growth Rate was 8.80% per year. During the past 10 years, the average Book Value per Share Growth Rate was 5.30% 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 13 years, the highest 3-Year average Book Value per Share Growth Rate of Millat Tractors was 21.60% per year. The lowest was -11.00% per year. And the median was 7.35% per year.

Competitive Comparison of Millat Tractors's 3-Year Book Growth Rate

For the Farm & Heavy Construction Machinery subindustry, Millat Tractors'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.

Millat Tractors's 3-Year Book Growth Rate Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Millat Tractors's 3-Year Book Growth Rate distribution charts can be found below:

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

Millat Tractors 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.

Millat Tractors (KAR:MTL) 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.

Millat Tractors 3-Year Book Growth Rate Related Terms

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Millat Tractors (KAR:MTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Millat Tractors Ltd (KAR:MTL) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

9-KM Sheikhupura Road, Shahdara, P.O Box No. 12023, District Sheikhupura, Lahore, PAK

Website

https://www.millat.com.pk

Millat Tractors Ltd operates in the automobile sector. It is engaged in assembling and manufacturing agricultural tractors, implements and multi-application products. The company's operating segment includes Tractors; Tractor components; Castings and Others. It generates maximum revenue from the Tractors segment. The tractor components segment is engaged in the business of manufacturing automotive, agricultural and industrial vehicle parts and components.