Nitiraj Engineers (NSE:NITIRAJ) 3-Year Book Growth Rate : -0.10% (As of Dec. 2023)

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What is Nitiraj Engineers 3-Year Book Growth Rate?

Nitiraj Engineers's Book Value per Share for the quarter that ended in Dec. 2023 was ₹0.00.

During the past 12 months, Nitiraj Engineers's average Book Value per Share Growth Rate was 4.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was -0.10% per year. During the past 5 years, the average Book Value per Share Growth Rate was 1.80% per year. During the past 10 years, the average Book Value per Share Growth Rate was 14.30% 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 12 years, the highest 3-Year average Book Value per Share Growth Rate of Nitiraj Engineers was 34.10% per year. The lowest was -0.10% per year. And the median was 14.30% per year.

Competitive Comparison of Nitiraj Engineers's 3-Year Book Growth Rate

For the Scientific & Technical Instruments subindustry, Nitiraj Engineers'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.

Nitiraj Engineers's 3-Year Book Growth Rate Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nitiraj Engineers's 3-Year Book Growth Rate distribution charts can be found below:

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

Nitiraj Engineers 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.

Nitiraj Engineers (NSE:NITIRAJ) 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.

Nitiraj Engineers 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Nitiraj Engineers's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Nitiraj Engineers (NSE:NITIRAJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nitiraj Engineers Ltd (NSE:NITIRAJ) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

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Address

Plot NO J25, J26,MIDC Awadhan,, Dhule, MH, IND, 424006

Website

https://www.nitiraj.net

Nitiraj Engineers Ltd offers measure and counting devices in India. It operates in five broad segments i.e., Electronic Weighing Scales and Systems, Electronic Currency Counting Machines, and Digital Fare Meters, Home and Hotel Automation, and Mechanical Scales. The company generates maximum revenue from the Electronic Weighing Scales and Systems segment. Its diverse product portfolio caters to various sectors such as industrial, commercial, jewellery, healthcare, household, automobile, and home and hotel. Geographically it derives a majority of its revenue from India.

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