GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Permex Petroleum Corp (XCNQ:OIL) » Definitions » 3-Year Book Growth Rate

Permex Petroleum (XCNQ:OIL) 3-Year Book Growth Rate : -7.50% (As of Jun. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Permex Petroleum 3-Year Book Growth Rate?

Permex Petroleum's Book Value per Share for the quarter that ended in Jun. 2023 was C$18.84.

During the past 12 months, Permex Petroleum's average Book Value per Share Growth Rate was -38.50% per year. During the past 3 years, the average Book Value per Share Growth Rate was -7.50% 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 Permex Petroleum was -7.50% per year. The lowest was -14.20% per year. And the median was -10.85% per year.


Competitive Comparison of Permex Petroleum's 3-Year Book Growth Rate

For the Oil & Gas E&P subindustry, Permex Petroleum'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.


Permex Petroleum's 3-Year Book Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Permex Petroleum's 3-Year Book Growth Rate distribution charts can be found below:

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



Permex Petroleum 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.


Permex Petroleum  (XCNQ:OIL) 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.


Permex Petroleum 3-Year Book Growth Rate Related Terms

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


Permex Petroleum (XCNQ:OIL) Business Description

Traded in Other Exchanges
Address
666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 2X8
Permex Petroleum Corp is a junior oil and gas company with assets and operations across the Permian Basin of West Texas and the Delaware SubBasin of New Mexico. The company through its wholly-owned subsidiary, Permex Petroleum US Corporation owns and operates on private, state, and federal land. The company has a single reportable segment i.e. acquisition, development, and production of oil and gas properties in the United States.
Executives
Mehran Ehsan Director, Senior Officer

Permex Petroleum (XCNQ:OIL) Headlines

From GuruFocus

Mawer Commentary - Schrödinger's cat and the price of oil

By Holly LaFon Holly LaFon 02-02-2015

The Oil Price War

By Gordon Pape Gordon Pape 11-10-2014

Energy Investor T. Boone Pickens' 3 New Oil Stock Picks

By Holly LaFon Holly LaFon 01-07-2015

T. Boone Pickens on Rig Count's Relations to Oil Prices

By Holly LaFon Holly LaFon 02-21-2015

One Major Signal That Oil Is Back

By Ryan Vanzo Ryan Vanzo 09-03-2016

The Commodity Boom of 2018

By Alex Barrow Alex Barrow 01-09-2018

3 Reasons to Own Commodity Stocks, Not Commodities

By Ryan Vanzo Ryan Vanzo 09-09-2016

Arnold Van Den Berg's CM Outlook for Oil - January 2016

By Holly LaFon Holly LaFon 01-11-2016