Nippon Rietec Co (TSE:1938) 3-Year Book Growth Rate : 3.30% (As of Dec. 2023)

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What is Nippon Rietec Co 3-Year Book Growth Rate?

Nippon Rietec Co's Book Value per Share for the quarter that ended in Dec. 2023 was 円2,303.41.

During the past 12 months, Nippon Rietec Co's average Book Value per Share Growth Rate was 6.50% per year. During the past 3 years, the average Book Value per Share Growth Rate was 3.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was 4.30% per year. During the past 10 years, the average Book Value per Share Growth Rate was 7.10% 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 Nippon Rietec Co was 20.90% per year. The lowest was 3.30% per year. And the median was 9.30% per year.

Competitive Comparison of Nippon Rietec Co's 3-Year Book Growth Rate

For the Electronic Components subindustry, Nippon Rietec 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.

Nippon Rietec Co's 3-Year Book Growth Rate Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nippon Rietec Co's 3-Year Book Growth Rate distribution charts can be found below:

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

Nippon Rietec 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.

Nippon Rietec Co (TSE:1938) 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.

Nippon Rietec Co 3-Year Book Growth Rate Related Terms

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

Nippon Rietec Co (TSE:1938) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nippon Rietec Co Ltd (TSE:1938) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

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Address

6, Kanda Jincho-cho, Chiyoda-ku, Tokyo, JPN, 101-0054

Website

http://www.j-rietec.co.jp

Nippon Rietec Co Ltd manufactures and sales electrical equipment for various divisions. The company operates in four business divisions including Railway electrical equipment construction, Road equipment, Indoor and outdoor electrical equipment construction and Transmission line construction. Its product offering includes signal equipment, train line equipment, power generation equipment, electric power equipment, distribution line equipment, telecommunication equipment, road information control system, road signs, sound insulation walls, road lighting equipment, aircraft lighting equipment, disaster prevention equipment construction, sanitation equipment construction, machinery equipment facility construction, civil engineering work, and waterproofing construction.

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