Happy Forgings (BOM:544057) 3-Year Book Growth Rate : 35.70% (As of Sep. 2024)

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What is Happy Forgings 3-Year Book Growth Rate?

Happy Forgings's Book Value per Share for the quarter that ended in Sep. 2024 was ₹181.62.

During the past 12 months, Happy Forgings's average Book Value per Share Growth Rate was 55.10% per year. During the past 3 years, the average Book Value per Share Growth Rate was 35.70% 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 4 years, the highest 3-Year average Book Value per Share Growth Rate of Happy Forgings was 35.70% per year. The lowest was 35.70% per year. And the median was 35.70% per year.

Competitive Comparison of Happy Forgings's 3-Year Book Growth Rate

For the Metal Fabrication subindustry, Happy Forgings'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.

Happy Forgings's 3-Year Book Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Happy Forgings's 3-Year Book Growth Rate distribution charts can be found below:

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

Happy Forgings 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.

Happy Forgings (BOM:544057) 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.

Happy Forgings 3-Year Book Growth Rate Related Terms

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Happy Forgings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Happy Forgings Ltd (BOM:544057) » Definitions » 3-Year Book Growth Rate

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Traded in Other Exchanges

HAPPYFORGE:India

Address

H.B 220, Post Office - Rajgarh, Village Dugri, Ludhiana, PB, IND, 141 421

Website

https://www.happyforgingsltd.com

Happy Forgings Ltd is a manufacturer specializing in designing and manufacturing heavy forgings and high-precision machined components. The company manufactures, designs, and tests various products such as crankshafts, front axle carriers, steering knuckles, differential housings, transmission parts, pinion shafts, suspension products, and valve bodies for different industries and customers. The Company business comprises only the Forging segment where the company sells forged products comprising of forgings and machined components for the automotive and industrial sectors. The company generates the majority of its revenue within India.

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