Tang Eng Iron Works Co (ROCO:2035) 3-Year Book Growth Rate : 3.00% (As of Mar. 2024)

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What is Tang Eng Iron Works Co 3-Year Book Growth Rate?

Tang Eng Iron Works Co's Book Value per Share for the quarter that ended in Mar. 2024 was NT$12.64.

During the past 12 months, Tang Eng Iron Works Co's average Book Value per Share Growth Rate was -22.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was 3.00% per year. During the past 5 years, the average Book Value per Share Growth Rate was 2.00% per year. During the past 10 years, the average Book Value per Share Growth Rate was -2.50% 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 Tang Eng Iron Works Co was 9.90% per year. The lowest was -11.90% per year. And the median was -2.50% per year.

Competitive Comparison of Tang Eng Iron Works Co's 3-Year Book Growth Rate

For the Steel subindustry, Tang Eng Iron Works Co'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.

Tang Eng Iron Works Co's 3-Year Book Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tang Eng Iron Works Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Tang Eng Iron Works Co's 3-Year Book Growth Rate falls into.

Tang Eng Iron Works Co 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.

Tang Eng Iron Works Co (ROCO:2035) 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.

Tang Eng Iron Works Co 3-Year Book Growth Rate Related Terms

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Tang Eng Iron Works Co (ROCO:2035) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tang Eng Iron Works Co Ltd (ROCO:2035) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.4 Yen Hai 2nd Road, Kaohsiung, Hsiao Kang, TWN, 81260

Website

https://www.tangeng.com.tw

Tang Eng Iron Works Co Ltd is engaged in the production and distribution of stainless steel products in Taiwan. It produces stainless steel, including AISI 200, AISI 300, and 400 grades of steel billet as well as hot and cold rolled steel coil. The company also exports its steel to Southeast Asia, China, Australia, Japan, and the United States.

Tang Eng Iron Works Co (ROCO:2035) Headlines

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