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TwentyFourome Fund (LSE:TFIF) 3-Year Book Growth Rate : 2.40% (As of Sep. 2023)


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What is TwentyFourome Fund 3-Year Book Growth Rate?

TwentyFourome Fund's Book Value per Share for the quarter that ended in Sep. 2023 was £1.03.

During the past 12 months, TwentyFourome Fund's average Book Value per Share Growth Rate was 7.20% per year. During the past 3 years, the average Book Value per Share Growth Rate was 2.40% per year. During the past 5 years, the average Book Value per Share Growth Rate was -1.80% 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 TwentyFourome Fund was 3.00% per year. The lowest was -6.20% per year. And the median was -0.50% per year.


Competitive Comparison of TwentyFourome Fund's 3-Year Book Growth Rate

For the Asset Management subindustry, TwentyFourome Fund'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.


TwentyFourome Fund's 3-Year Book Growth Rate Distribution in the Asset Management Industry

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

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



TwentyFourome Fund 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.


TwentyFourome Fund  (LSE:TFIF) 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.


TwentyFourome Fund 3-Year Book Growth Rate Related Terms

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TwentyFourome Fund (LSE:TFIF) Business Description

Traded in Other Exchanges
Address
Trafalgar Court, PO Box 255, Les Banques, St Peter Port, GGY, GY1 3QL
TwentyFour Income Fund Ltd is a closed-ended investment fund based in the United Kingdom. The company's investment objective is to generate risk-adjusted returns principally through income distributions. Hence, the company follows an investment policy to invest in a diversified portfolio of the United Kingdom and European Asset-Backed Securities. It offers a range of specialist fixed income funds and services to suit the different requirements of its investors.

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