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GRIT Investment Trust (LSE:GRIT) 3-Year Book Growth Rate : 29.50% (As of Jun. 2023)


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What is GRIT Investment Trust 3-Year Book Growth Rate?

GRIT Investment Trust's Book Value per Share for the quarter that ended in Jun. 2023 was £-0.02.

During the past 3 years, the average Book Value per Share Growth Rate was 29.50% 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 10 years, the highest 3-Year average Book Value per Share Growth Rate of GRIT Investment Trust was 29.50% per year. The lowest was -44.80% per year. And the median was -33.60% per year.


Competitive Comparison of GRIT Investment Trust's 3-Year Book Growth Rate

For the Asset Management subindustry, GRIT Investment 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.


GRIT Investment Trust's 3-Year Book Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GRIT Investment Trust's 3-Year Book Growth Rate distribution charts can be found below:

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



GRIT Investment 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.


GRIT Investment Trust  (LSE:GRIT) 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.


GRIT Investment Trust 3-Year Book Growth Rate Related Terms

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GRIT Investment Trust (LSE:GRIT) Business Description

Traded in Other Exchanges
N/A
Address
80 Cheapside, 3rd Floor, London, GBR, EC2V 6EE
GRIT Investment Trust PLC is an investment fund specializing in the natural resources industry. Its objective is to generate medium and long-term capital growth through the portfolio of mainly small and mid-capitalization natural resources and mining companies, which are listed on a relevant exchange.

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