Higoshipping Co (BJSE:872351) 3-Year Book Growth Rate : 17.00% (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Higoshipping Co 3-Year Book Growth Rate?

Higoshipping Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥5.05.

During the past 12 months, Higoshipping Co's average Book Value per Share Growth Rate was -1.10% per year. During the past 3 years, the average Book Value per Share Growth Rate was 17.00% per year. During the past 5 years, the average Book Value per Share Growth Rate was 16.50% 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 9 years, the highest 3-Year average Book Value per Share Growth Rate of Higoshipping Co was 21.60% per year. The lowest was 6.00% per year. And the median was 17.00% per year.

Competitive Comparison of Higoshipping Co's 3-Year Book Growth Rate

For the Marine Shipping subindustry, Higoshipping Co'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.

Higoshipping Co's 3-Year Book Growth Rate Distribution in the Transportation Industry

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

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

Higoshipping Co 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.

Higoshipping Co (BJSE:872351) 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.

Higoshipping Co 3-Year Book Growth Rate Related Terms

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

Higoshipping Co (BJSE:872351) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Higoshipping Co Ltd (BJSE:872351) » Definitions » 3-Year Book Growth Rate

Traded in Other Exchanges

N/A

Address

Furong Middle Road, Room 1910, Xinshikong, No. 398, Section 3, Tianxin District, Hunan Province, Changsha City, CHN, 410007

Website

http://www.higoshipping.com

Higoshipping Co Ltd is a logistics enterprise integrating domestic feeder container liner transportation, international shipping agency, international freight forwarder, and third-party logistics. The company's shipping lines mainly include river-sea container shipping from Changsha Port to Shanghai Outer Port, International freight forwarding, river-ocean combined transport container liner transport, and road transport on the feeder line of the Yangtze River.

Higoshipping Co (BJSE:872351) Headlines

No Headlines