Wedge Industrial Co (SZSE:000534) 3-Year Book Growth Rate : 5.40% (As of Mar. 2024)

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What is Wedge Industrial Co 3-Year Book Growth Rate?

Wedge Industrial Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥2.28.

During the past 12 months, Wedge Industrial Co's average Book Value per Share Growth Rate was -11.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was 5.40% per year. During the past 5 years, the average Book Value per Share Growth Rate was -3.70% per year. During the past 10 years, the average Book Value per Share Growth Rate was -3.00% 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 Wedge Industrial Co was 14.30% per year. The lowest was -15.30% per year. And the median was 1.15% per year.

Competitive Comparison of Wedge Industrial Co's 3-Year Book Growth Rate

For the Utilities - Regulated Electric subindustry, Wedge Industrial 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.

Wedge Industrial Co's 3-Year Book Growth Rate Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Wedge Industrial Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Wedge Industrial Co's 3-Year Book Growth Rate falls into.

Wedge Industrial 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.

Wedge Industrial Co (SZSE:000534) 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.

Wedge Industrial Co 3-Year Book Growth Rate Related Terms

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Wedge Industrial Co (SZSE:000534) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Wedge Industrial Co Ltd (SZSE:000534) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 23 Zhuchi Road, 8th Floor, Block B, Guangming Building, Shantou, Guangdong, CHN, 515041

Website

http://www.wedgeind.com

Wedge Industrial Co Ltd is engaged in the in the development and distribution of real estate properties. Further, it is also involved in the manufactures and distributes electric power and steam in the Guangdong Province of China.

Wedge Industrial Co (SZSE:000534) Headlines

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