Mexico Equity andome Fund (Mexico Equity andome Fund) 3-Year Book Growth Rate : -1.90% (As of Jan. 2024)

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What is Mexico Equity andome Fund 3-Year Book Growth Rate?

Mexico Equity andome Fund's Book Value per Share for the quarter that ended in Jan. 2024 was $15.05.

During the past 12 months, Mexico Equity andome Fund's average Book Value per Share Growth Rate was 44.30% per year. During the past 3 years, the average Book Value per Share Growth Rate was -1.90% per year. During the past 5 years, the average Book Value per Share Growth Rate was -3.70% 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 7 years, the highest 3-Year average Book Value per Share Growth Rate of Mexico Equity andome Fund was 2.70% per year. The lowest was -12.90% per year. And the median was -2.75% per year.

Competitive Comparison of Mexico Equity andome Fund's 3-Year Book Growth Rate

For the Asset Management subindustry, Mexico Equity andome Fund'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.

Mexico Equity andome Fund's 3-Year Book Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mexico Equity andome Fund's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Mexico Equity andome Fund's 3-Year Book Growth Rate falls into.

Mexico Equity andome Fund 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.

Mexico Equity andome Fund (NYSE:MXE) 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.

Mexico Equity andome Fund 3-Year Book Growth Rate Related Terms

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

Mexico Equity andome Fund (Mexico Equity andome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mexico Equity and Income Fund Inc (NYSE:MXE) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

615 East Michigan Street, Milwaukee, WI, USA, 53202

Website

https://www.mxefund.com

Mexico Equity and Income Fund Inc is a closed-end, non-diversified management investment company. It maintains an investment objective of long-term capital appreciation through investments in securities, primarily equity, listed on the Mexican Stock Exchange. The company provides a vehicle to investors who wish to invest in Mexican companies through a managed non-diversified portfolio as part of their overall investment program.

Executives

Rajeev P Das	director	250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Richard Leo Abraham	director	143 COLFAX ROAD, HAVERTOWN PA 19083
Stephanie Darling	officer: Chief Compliance Officer	250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
City Of London Investment Group Plc	10 percent owner	77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Phillip Goldstein	director	60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
City Of London Investment Management Co Ltd	10 percent owner	77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Andrew Dakos	director	250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Glenn Goodstein	director	C/O THE MEXICO EQUITY AND INCOME FUND, 615 EAST MICHIGAN STREET, 2ND FLOOR, MILWAUKEE WI 53202
Maria Eugenia Pichardo	director, officer: President	C/O PICHARDO ASSET MANAGEMENT, PASEO DE TAMARINDOS 45-201, BOSQUES DE LAS LOMAS O5 DF 05120
Bank Ag\ Deutsche	10 percent owner	TAUNUSANLAGE 12 D-60325, FRANKFURT AM MAIN 2M 00000

Mexico Equity andome Fund (Mexico Equity andome Fund) Headlines

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The Mexico Equity and Income Fund Announces Non-Transferable Rights Offering

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The Mexico Equity and Income Fund Announces Extension of Rights Offering

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