Ardmore Shipping (Ardmore Shipping) 3-Year Book Growth Rate : 10.50% (As of Dec. 2023)

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What is Ardmore Shipping 3-Year Book Growth Rate?

Ardmore Shipping's Book Value per Share for the quarter that ended in Dec. 2023 was $13.01.

During the past 12 months, Ardmore Shipping's average Book Value per Share Growth Rate was 12.60% per year. During the past 3 years, the average Book Value per Share Growth Rate was 10.50% per year. During the past 5 years, the average Book Value per Share Growth Rate was 4.20% per year. During the past 10 years, the average Book Value per Share Growth Rate was -2.00% 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 Ardmore Shipping was 18.10% per year. The lowest was -7.60% per year. And the median was -2.10% per year.

Competitive Comparison of Ardmore Shipping's 3-Year Book Growth Rate

For the Marine Shipping subindustry, Ardmore Shipping'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.

Ardmore Shipping's 3-Year Book Growth Rate Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Ardmore Shipping's 3-Year Book Growth Rate distribution charts can be found below:

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

Ardmore Shipping 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.

Ardmore Shipping (NYSE:ASC) 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.

Ardmore Shipping 3-Year Book Growth Rate Related Terms

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Ardmore Shipping (Ardmore Shipping) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ardmore Shipping Corp (NYSE:ASC) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

A61:Germany A61:Germany

Address

69 Pitts Bay Road, Belvedere Building, Ground Floor, Pembroke, Hamilton, BMU, HM08

Website

https://www.ardmoreshipping.com

Ardmore Shipping Corp owns and operates a fleet of mid-size product and chemical tankers, which provide seaborne transportation of petroleum products and chemicals across the globe. The company is focused on fuel efficiency and cost leadership, and it provides its shipping services to customers through voyage charters, commercial pools, and time charters. Its main customers are oil majors, national oil companies, oil and chemical traders, and chemical companies.