Toromont Industries (Toromont Industries) 3-Year Book Growth Rate : 16.60% (As of Dec. 2023)

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What is Toromont Industries 3-Year Book Growth Rate?

Toromont Industries's Book Value per Share for the quarter that ended in Dec. 2023 was $24.31.

During the past 12 months, Toromont Industries's average Book Value per Share Growth Rate was 15.40% per year. During the past 3 years, the average Book Value per Share Growth Rate was 16.60% per year. During the past 5 years, the average Book Value per Share Growth Rate was 14.80% per year. During the past 10 years, the average Book Value per Share Growth Rate was 15.90% 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 Toromont Industries was 33.40% per year. The lowest was -24.10% per year. And the median was 15.30% per year.

Competitive Comparison of Toromont Industries's 3-Year Book Growth Rate

For the Industrial Distribution subindustry, Toromont Industries'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.

Toromont Industries's 3-Year Book Growth Rate Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Toromont Industries's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Toromont Industries's 3-Year Book Growth Rate falls into.

Toromont Industries 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.

Toromont Industries (OTCPK:TMTNF) 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.

Toromont Industries 3-Year Book Growth Rate Related Terms

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Toromont Industries (Toromont Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Toromont Industries Ltd (OTCPK:TMTNF) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

14T:Germany TIH:Canada

Address

3131 Highway 7 West, P.O. Box 5511, Concord, ON, CAN, L4K 1B7

Website

https://www.toromont.com

Toromont Industries Ltd is a Canadian industrial company. The company operates two business segments: Equipment Group and CIMCO. The larger segment by revenue, Equipment Group includes a Caterpillar dealership and rental operation of construction equipment. CIMCO offers solutions for the design, engineering, fabrication, and installation of industrial and recreational refrigeration systems. The company operates majorly in Canada and derives a smaller portion of sales from the United States of America.