Independence Realty Trust (FRA:5O2) 3-Year Book Growth Rate : 30.00% (As of Mar. 2024)

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What is Independence Realty Trust 3-Year Book Growth Rate?

Independence Realty Trust's Book Value per Share for the quarter that ended in Mar. 2024 was €13.99.

During the past 12 months, Independence Realty Trust's average Book Value per Share Growth Rate was -4.20% per year. During the past 3 years, the average Book Value per Share Growth Rate was 30.00% per year. During the past 5 years, the average Book Value per Share Growth Rate was 23.30% per year. During the past 10 years, the average Book Value per Share Growth Rate was 7.70% 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 13 years, the highest 3-Year average Book Value per Share Growth Rate of Independence Realty Trust was 857.60% per year. The lowest was -3.30% per year. And the median was 30.00% per year.

Competitive Comparison of Independence Realty Trust's 3-Year Book Growth Rate

For the REIT - Residential subindustry, Independence Realty Trust'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.

Independence Realty Trust's 3-Year Book Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Independence Realty Trust's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Independence Realty Trust's 3-Year Book Growth Rate falls into.

Independence Realty Trust 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.

Independence Realty Trust (FRA:5O2) 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.

Independence Realty Trust 3-Year Book Growth Rate Related Terms

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

Independence Realty Trust (FRA:5O2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Independence Realty Trust Inc (FRA:5O2) » Definitions » 3-Year Book Growth Rate

Comparable Companies

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Traded in Other Exchanges

IRT:USA

Address

1835 Market Street, Suite 2601, Philadelphia, PA, USA, 19103

Website

https://www.irtliving.com

Independence Realty Trust Inc is a real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. It owns and operates multifamily apartment properties, across non-gateway U.S markets, including Louisville, Memphis, Atlanta, and Raleigh. The company is focused on gaining scale within key amenity-rich submarkets that offer school districts, retail, and employment centers.

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