Alternus Energy Group (OSL:ALT) 3-Year Book Growth Rate : 123.30% (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Alternus Energy Group 3-Year Book Growth Rate?

Alternus Energy Group's Book Value per Share for the quarter that ended in Sep. 2023 was kr-18.68.

During the past 12 months, Alternus Energy Group's average Book Value per Share Growth Rate was -240.30% per year. During the past 3 years, the average Book Value per Share Growth Rate was 123.30% 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 5 years, the highest 3-Year average Book Value per Share Growth Rate of Alternus Energy Group was 123.30% per year. The lowest was 119.40% per year. And the median was 121.35% per year.

Competitive Comparison of Alternus Energy Group's 3-Year Book Growth Rate

For the Utilities - Renewable subindustry, Alternus Energy Group'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.

Alternus Energy Group's 3-Year Book Growth Rate Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Alternus Energy Group's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Alternus Energy Group's 3-Year Book Growth Rate falls into.

Alternus Energy Group 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.

Alternus Energy Group (OSL:ALT) 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.

Alternus Energy Group 3-Year Book Growth Rate Related Terms

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

Alternus Energy Group (OSL:ALT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Alternus Energy Group PLC (OSL:ALT) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

ALTNF:USA

Address

Blanchardstown Corporate Park 2, Suite 9-10 Plaza 212, Dublin, IRL, D15 R504

Website

https://www.alternusenergy.com

Alternus Energy Group PLC is an independent power producer of green energy. It develops, owns, and operates Utility-Scale Solar projects across Europe. The company's solar PV parks produce clean green energy and replace polluting greenhouse gas-emitting and fossil fuel-based energy. Its current portfolio consists of renewable energy facilities that are generally contracted under long-term Country Renewable Programs (FIT programs) or Energy Offtake Agreements (PPAs/VPPAs) with creditworthy counterparties.