Flagship Communities REIT (TSX:MHC.U) 3-Year Book Growth Rate : 0.70% (As of Mar. 2024)

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What is Flagship Communities REIT 3-Year Book Growth Rate?

Flagship Communities REIT's Book Value per Share for the quarter that ended in Mar. 2024 was $21.11.

During the past 12 months, Flagship Communities REIT's average Book Value per Share Growth Rate was 12.80% per year. During the past 3 years, the average Book Value per Share Growth Rate was 0.70% 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 6 years, the highest 3-Year average Book Value per Share Growth Rate of Flagship Communities REIT was 3.70% per year. The lowest was 0.70% per year. And the median was 2.20% per year.

Competitive Comparison of Flagship Communities REIT's 3-Year Book Growth Rate

For the REIT - Residential subindustry, Flagship Communities REIT'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.

Flagship Communities REIT's 3-Year Book Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Flagship Communities REIT's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Flagship Communities REIT's 3-Year Book Growth Rate falls into.

Flagship Communities REIT 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.

Flagship Communities REIT (TSX:MHC.U) 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.

Flagship Communities REIT 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Flagship Communities REIT's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Flagship Communities REIT (TSX:MHC.U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Flagship Communities REIT (TSX:MHC.U) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

MHCUF:USA MHC.UN:Canada

Address

467 Erlanger Road, Erlanger, KY, USA, 41018

Website

https://www.flagshipcommunities.com

Flagship Communities REIT is an open-ended real estate investment trust. It is formed for the purpose of owning and operating a portfolio of income-producing manufactured housing communities and related assets. The objective of the trust is to provide unitholders with predictable, sustainable and growing cash distributions. The company owns, manages and operates multifamily properties located in the United States.

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