Teekay Tankers (Teekay Tankers) 3-Year Book Growth Rate : 11.90% (As of Dec. 2023)

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What is Teekay Tankers 3-Year Book Growth Rate?

Teekay Tankers's Book Value per Share for the quarter that ended in Dec. 2023 was $44.75.

During the past 12 months, Teekay Tankers's average Book Value per Share Growth Rate was 42.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was 11.90% per year. During the past 5 years, the average Book Value per Share Growth Rate was 6.70% per year. During the past 10 years, the average Book Value per Share Growth Rate was -0.40% 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 Teekay Tankers was 24.80% per year. The lowest was -26.30% per year. And the median was -4.20% per year.

Competitive Comparison of Teekay Tankers's 3-Year Book Growth Rate

For the Oil & Gas Midstream subindustry, Teekay Tankers'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.

Teekay Tankers's 3-Year Book Growth Rate Distribution in the Oil & Gas Industry

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

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

Teekay Tankers 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.

Teekay Tankers (NYSE:TNK) 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.

Teekay Tankers 3-Year Book Growth Rate Related Terms

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Teekay Tankers (Teekay Tankers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Teekay Tankers Ltd (NYSE:TNK) » Definitions » 3-Year Book Growth Rate

Comparable Companies

DHT KNTK LPG GLP GLNG INSW GEL NVGS HESM NS TSX:ENB EPD ET WMB OKE MPLX TSX:TRP KMI LNG TRGP

Traded in Other Exchanges

3TKA:Germany

Address

69 Pitts Bay Road, 4th Floor, Belvedere Building, Hamilton, BMU, HM 08

Website

https://www.teekay.com

Teekay Tankers Ltd is a provider of marine services to the global oil and natural gas industries and an operator of medium-sized oil tankers. The company operates in two segments: tanker and ship-to-ship transfer. The vast majority of its revenue comes from the tanker segment, which consists of crude oil and product tankers for different contracts.