Goodman Property Trust (NZSE:GMT) 3-Year Book Growth Rate : -1.90% (As of Mar. 2024)

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What is Goodman Property Trust 3-Year Book Growth Rate?

Goodman Property Trust's Book Value per Share for the quarter that ended in Mar. 2024 was NZ$2.01.

During the past 12 months, Goodman Property Trust's average Book Value per Share Growth Rate was -17.90% per year. During the past 3 years, the average Book Value per Share Growth Rate was -1.90% per year. During the past 5 years, the average Book Value per Share Growth Rate was 7.30% per year. During the past 10 years, the average Book Value per Share Growth Rate was 9.50% 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 13 years, the highest 3-Year average Book Value per Share Growth Rate of Goodman Property Trust was 18.30% per year. The lowest was -9.80% per year. And the median was 6.20% per year.

Competitive Comparison of Goodman Property Trust's 3-Year Book Growth Rate

For the REIT - Industrial subindustry, Goodman Property 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.

Goodman Property Trust's 3-Year Book Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Goodman Property Trust's 3-Year Book Growth Rate distribution charts can be found below:

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

Goodman Property 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.

Goodman Property Trust (NZSE:GMT) 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.

Goodman Property Trust 3-Year Book Growth Rate Related Terms

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Goodman Property Trust (NZSE:GMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Goodman Property Trust (NZSE:GMT) » Definitions » 3-Year Book Growth Rate

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Traded in Other Exchanges

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Address

The Hayesbery, 1-11 Hayes Road, Rosebery, Sydney, NSW, AUS, 2018

Website

https://www.goodman.com

Goodman Property Trust is one of New Zealand's property trusts, with a portfolio composed of industrial estates, businesses, and a development bank. After selling its Christchurch assets, Goodman is 100% Auckland-centric. The focus over the next few years will be on selling lower-quality assets and redeploying capital to industrial property in strategically important locations. The investment strategy is premised on management's view that industrial assets in premium locations will generate superior long-term returns from lower average vacancy and higher rent growth.

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