Ossen Innovation Co (FRA:0BG2) 3-Year Book Growth Rate : 9.60% (As of Dec. 2020)

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What is Ossen Innovation Co 3-Year Book Growth Rate?

Ossen Innovation Co's Book Value per Share for the quarter that ended in Dec. 2020 was €16.78.

During the past 12 months, Ossen Innovation Co's average Book Value per Share Growth Rate was 16.40% per year. During the past 3 years, the average Book Value per Share Growth Rate was 9.60% per year. During the past 5 years, the average Book Value per Share Growth Rate was 7.90% per year. During the past 10 years, the average Book Value per Share Growth Rate was 6.00% 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 Ossen Innovation Co was 107.60% per year. The lowest was 1.10% per year. And the median was 7.00% per year.

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

For the Steel subindustry, Ossen Innovation 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.

Ossen Innovation Co's 3-Year Book Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ossen Innovation Co's 3-Year Book Growth Rate distribution charts can be found below:

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

Ossen Innovation 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.

Ossen Innovation Co (FRA:0BG2) 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.

Ossen Innovation Co 3-Year Book Growth Rate Related Terms

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Ossen Innovation Co (FRA:0BG2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ossen Innovation Co Ltd (FRA:0BG2) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

518 Shangcheng Road, Floor 17, Shanghai, CHN, 200120

Website

http://www.osseninnovation.com

Ossen Innovation Co Ltd designs, engineers, manufactures, and sells prestressed steel materials. The company's materials are used in the construction of bridges, highways and other infrastructure projects in the People's Republic of China and internationally. Its product is categorized as coated products and uncoated products. Its coated products include zinc, rare earth and plain surface prestressed concrete.It is used in the construction of new bridges and the renovation of older bridges. Uncoated products consist of wires that are twisted into a bundle and used in precast concrete plates on the riding surface of bridges. It is categorized based on size, strength, and structure.

Ossen Innovation Co (FRA:0BG2) Headlines

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