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Meter Instruments Co (SZSE:301006) 3-Year Book Growth Rate : 18.30% (As of Mar. 2024)


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What is Meter Instruments Co 3-Year Book Growth Rate?

Meter Instruments Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥8.87.

During the past 12 months, Meter Instruments Co's average Book Value per Share Growth Rate was 2.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was 18.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was 26.00% 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 8 years, the highest 3-Year average Book Value per Share Growth Rate of Meter Instruments Co was 37.70% per year. The lowest was 18.30% per year. And the median was 26.45% per year.


Competitive Comparison of Meter Instruments Co's 3-Year Book Growth Rate

For the Electrical Equipment & Parts subindustry, Meter Instruments 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.


Meter Instruments Co's 3-Year Book Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Meter Instruments Co's 3-Year Book Growth Rate distribution charts can be found below:

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



Meter Instruments 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.


Meter Instruments Co  (SZSE:301006) 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.


Meter Instruments Co 3-Year Book Growth Rate Related Terms

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Meter Instruments Co (SZSE:301006) Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Xiyan Road, Binjiang Economic Development Zone, Jiangning, Jiangsu Province, Nanjing, CHN, 211178
Meter Instruments Co Ltd is engaged in the research and development, production and sales of intelligent ultrasonic water meter and heat meter series products.
Executives
Shen Ji Supervisors

Meter Instruments Co (SZSE:301006) Headlines

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