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Mingteng International (Mingteng International) 3-Year Book Growth Rate : 56.20% (As of Dec. 2023)


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What is Mingteng International 3-Year Book Growth Rate?

Mingteng International's Book Value per Share for the quarter that ended in Dec. 2023 was $1.23.

During the past 12 months, Mingteng International's average Book Value per Share Growth Rate was 22.60% per year. During the past 3 years, the average Book Value per Share Growth Rate was 56.20% 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 4 years, the highest 3-Year average Book Value per Share Growth Rate of Mingteng International was 56.20% per year. The lowest was 56.20% per year. And the median was 56.20% per year.


Competitive Comparison of Mingteng International's 3-Year Book Growth Rate

For the Metal Fabrication subindustry, Mingteng International'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.


Mingteng International's 3-Year Book Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mingteng International's 3-Year Book Growth Rate distribution charts can be found below:

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



Mingteng International 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.


Mingteng International  (NAS:MTEN) 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.


Mingteng International 3-Year Book Growth Rate Related Terms

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Mingteng International (Mingteng International) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Lvhua Village, Luoshe Town, Huishan District, Jiangsu Province, Wuxi, CHN, 214189
Website
Mingteng International Corp Inc operates as an automotive mold developer and supplier in China. It provides a wide range of products including casting molds for turbocharger systems, braking systems, steering and differential system, and other automotive system parts. Besides, it also produces molds for new energy electric vehicle motor drive systems, battery pack systems, and engineering hydraulic components, which are widely used in automobile, construction machinery, and other manufacturing industries.

Mingteng International (Mingteng International) Headlines