Manila Electric Co (PHS:MER) 3-Year Book Growth Rate : 15.60% (As of Dec. 2023)

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What is Manila Electric Co 3-Year Book Growth Rate?

Manila Electric Co's Book Value per Share for the quarter that ended in Dec. 2023 was ₱108.50.

During the past 12 months, Manila Electric Co's average Book Value per Share Growth Rate was 11.50% per year. During the past 3 years, the average Book Value per Share Growth Rate was 15.60% per year. During the past 5 years, the average Book Value per Share Growth Rate was 8.90% per year. During the past 10 years, the average Book Value per Share Growth Rate was 4.20% 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 Manila Electric Co was 15.60% per year. The lowest was -2.40% per year. And the median was 5.05% per year.

Competitive Comparison of Manila Electric Co's 3-Year Book Growth Rate

For the Utilities - Regulated Electric subindustry, Manila Electric Co'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.

Manila Electric Co's 3-Year Book Growth Rate Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Manila Electric Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Manila Electric Co's 3-Year Book Growth Rate falls into.

Manila Electric Co 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.

Manila Electric Co (PHS:MER) 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.

Manila Electric Co 3-Year Book Growth Rate Related Terms

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Manila Electric Co (PHS:MER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Manila Electric Co (PHS:MER) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

MAEOY:USA

Address

Ortigas Avenue, Barangay Ugong, Lopez Building, Pasig, PHL, 1605

Website

https://www.meralco.com.ph

Manila Electric Co, or Meralco, is an electric utility company serving the Philippines. Meralco generates, transmits, and distributes electricity through its portfolio of thermal power plants. The vast majority of the energy produced by the company comes from its natural gas and goal facilities. Meralco generates almost all of its revenue through the sale of electricity. While nearly all of the company's customers are residential entities, total energy sales are split fairly evenly between commercial, industrial, and residential customers. Meralco is the largest electric distribution company in the Philippines and serves dozens of cities and municipalities, including Metropolitan Manila.

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