Altern Energy (KAR:ALTN) 3-Year Book Growth Rate : -0.50% (As of Dec. 2023)

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What is Altern Energy 3-Year Book Growth Rate?

Altern Energy's Book Value per Share for the quarter that ended in Dec. 2023 was ₨44.03.

During the past 12 months, Altern Energy's average Book Value per Share Growth Rate was 2.40% per year. During the past 3 years, the average Book Value per Share Growth Rate was -0.50% per year. During the past 5 years, the average Book Value per Share Growth Rate was -0.50% per year. During the past 10 years, the average Book Value per Share Growth Rate was 3.70% 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 Altern Energy was 13.20% per year. The lowest was -6.80% per year. And the median was 5.00% per year.

Competitive Comparison of Altern Energy's 3-Year Book Growth Rate

For the Utilities - Independent Power Producers subindustry, Altern Energy'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.

Altern Energy's 3-Year Book Growth Rate Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Altern Energy's 3-Year Book Growth Rate distribution charts can be found below:

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

Altern Energy 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.

Altern Energy (KAR:ALTN) 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.

Altern Energy 3-Year Book Growth Rate Related Terms

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Altern Energy (KAR:ALTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Altern Energy Ltd (KAR:ALTN) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

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Address

18 Kilometer, Ferozepur Road, Descon Headquarters, Lahore, PB, PAK

Website

https://www.alternenergypk.com

Altern Energy Ltd generates and supplies electric power to the Water and Power Development Authority of Pakistan from its thermal power plant. The company is to build, own, operate and maintain a gas fired power plant having gross capacity of 32 Mega Watts.

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