ConvaTec Group (LSE:CTEC) 3-Year Book Growth Rate : 1.70% (As of Dec. 2023)

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What is ConvaTec Group 3-Year Book Growth Rate?

ConvaTec Group's Book Value per Share for the quarter that ended in Dec. 2023 was £0.65.

During the past 12 months, ConvaTec Group's average Book Value per Share Growth Rate was 0.80% per year. During the past 3 years, the average Book Value per Share Growth Rate was 1.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was 0.80% 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 11 years, the highest 3-Year average Book Value per Share Growth Rate of ConvaTec Group was 224.40% per year. The lowest was -0.90% per year. And the median was 2.30% per year.

Competitive Comparison of ConvaTec Group's 3-Year Book Growth Rate

For the Medical Instruments & Supplies subindustry, ConvaTec Group'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.

ConvaTec Group's 3-Year Book Growth Rate Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, ConvaTec Group's 3-Year Book Growth Rate distribution charts can be found below:

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

ConvaTec Group 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.

ConvaTec Group (LSE:CTEC) 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.

ConvaTec Group 3-Year Book Growth Rate Related Terms

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ConvaTec Group (LSE:CTEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » ConvaTec Group PLC (LSE:CTEC) » Definitions » 3-Year Book Growth Rate

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Traded in Other Exchanges

CNVVF:USA CNVVY:USA CTECl:UK

Address

23 Forbury Road, 3 Forbury Place, Reading, GBR, RG1 3JH

Website

https://www.convatecgroup.com

Originally spun out of Bristol-Myers Squibb, Convatec designs, manufactures, and markets advanced wound care, ostomy, continence care, and infusion sets for the acute-care hospital and chronic-care home settings. Advanced wound care and continence care are the largest divisions, accounting for 30% and 26% of total revenue, respectively. Ostomy contributes 25% of revenue and infusion sets 19%.