Zhejiang Mustang Battery Co (SHSE:605378) 3-Year Book Growth Rate : 16.50% (As of Mar. 2024)

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What is Zhejiang Mustang Battery Co 3-Year Book Growth Rate?

Zhejiang Mustang Battery Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥9.42.

During the past 12 months, Zhejiang Mustang Battery Co's average Book Value per Share Growth Rate was 4.60% per year. During the past 3 years, the average Book Value per Share Growth Rate was 16.50% per year. During the past 5 years, the average Book Value per Share Growth Rate was 17.60% 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 8 years, the highest 3-Year average Book Value per Share Growth Rate of Zhejiang Mustang Battery Co was 23.80% per year. The lowest was 13.90% per year. And the median was 18.70% per year.

Competitive Comparison of Zhejiang Mustang Battery Co's 3-Year Book Growth Rate

For the Electrical Equipment & Parts subindustry, Zhejiang Mustang Battery 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.

Zhejiang Mustang Battery Co's 3-Year Book Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Mustang Battery Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Zhejiang Mustang Battery Co's 3-Year Book Growth Rate falls into.

Zhejiang Mustang Battery 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.

Zhejiang Mustang Battery Co (SHSE:605378) 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.

Zhejiang Mustang Battery Co 3-Year Book Growth Rate Related Terms

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Zhejiang Mustang Battery Co (SHSE:605378) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Mustang Battery Co Ltd (SHSE:605378) » Definitions » 3-Year Book Growth Rate

Traded in Other Exchanges

N/A

Address

818 Rongji Road, Luotuo Street, Zhenhai District, Zhejiang Province, Ningbo, CHN, 315202

Website

http://www.mustangbattery.com

Zhejiang Mustang Battery Co Ltd is engaged in the research and development, production and sales of high-performance, environmentally friendly zinc-manganese batteries.

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