Ramaco Resources (Ramaco Resources) 3-Year Book Growth Rate : 20.90% (As of Mar. 2024)

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What is Ramaco Resources 3-Year Book Growth Rate?

Ramaco Resources's Book Value per Share for the quarter that ended in Mar. 2024 was $7.01.

During the past 12 months, Ramaco Resources's average Book Value per Share Growth Rate was -7.60% per year. During the past 3 years, the average Book Value per Share Growth Rate was 20.90% per year. During the past 5 years, the average Book Value per Share Growth Rate was 16.00% 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 10 years, the highest 3-Year average Book Value per Share Growth Rate of Ramaco Resources was 175.70% per year. The lowest was 10.80% per year. And the median was 19.00% per year.

Competitive Comparison of Ramaco Resources's 3-Year Book Growth Rate

For the Coking Coal subindustry, Ramaco Resources'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.

Ramaco Resources's 3-Year Book Growth Rate Distribution in the Steel Industry

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

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

Ramaco Resources 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.

Ramaco Resources (NAS:METCB) 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.

Ramaco Resources 3-Year Book Growth Rate Related Terms

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Ramaco Resources (Ramaco Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ramaco Resources Inc (NAS:METCB) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

METC:USA

Address

250 West Main Street, Suite 1900, Lexington, KY, USA, 40507

Website

https://www.ramacoresources.com

Ramaco Resources Inc is a United States-based company engaged in operating and developing high-quality, low-cost metallurgical coal in southern West Virginia, southwestern Virginia and southwestern Pennsylvania. Its only revenue-generating product is metallurgical coal which is used to make metallurgical coke. This is used as an input in the blast furnace steel-making process. The company's customer base encompasses U.S.-based blast furnace steel mills and U.S.-based coke plants, as well as international metallurgical coal consumers. Ramaco's portfolio comprises of the Elk Creek, Berwind, RAM Mine, and Knox Creek projects.