Forge Innovation Development (Forge Innovation Development) 3-Year Book Growth Rate : 125.70% (As of Mar. 2024)

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What is Forge Innovation Development 3-Year Book Growth Rate?

Forge Innovation Development's Book Value per Share for the quarter that ended in Mar. 2024 was $0.04.

During the past 12 months, Forge Innovation Development's average Book Value per Share Growth Rate was -5.40% per year. During the past 3 years, the average Book Value per Share Growth Rate was 125.70% 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 8 years, the highest 3-Year average Book Value per Share Growth Rate of Forge Innovation Development was 125.70% per year. The lowest was -32.50% per year. And the median was -7.20% per year.

Competitive Comparison of Forge Innovation Development's 3-Year Book Growth Rate

For the Real Estate Services subindustry, Forge Innovation Development'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.

Forge Innovation Development's 3-Year Book Growth Rate Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Forge Innovation Development's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Forge Innovation Development's 3-Year Book Growth Rate falls into.

Forge Innovation Development 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.

Forge Innovation Development (OTCPK:FGNV) 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.

Forge Innovation Development 3-Year Book Growth Rate Related Terms

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

Forge Innovation Development (Forge Innovation Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Forge Innovation Development Corp (OTCPK:FGNV) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

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Address

6280 Mission Boulevard, Unit 205, Jurupa Valley, CA, USA, 92509

Website

https://www.forgecorpusa.com

Forge Innovation Development Corp is a real estate development company. The company is engaged in commercial and residential land development, including purchase and sale of real estate, targeting properties in Southern California. Its primary business is to acquire land and develop and sell fully constructed homes and commercial property such as stores, offices, and private schools, among others to non-affiliated third parties. It also intends to invest its funds in income-yielding properties.

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