Medinet Co (TSE:2370) 3-Year Book Growth Rate : -10.10% (As of Mar. 2024)

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What is Medinet Co 3-Year Book Growth Rate?

Medinet Co's Book Value per Share for the quarter that ended in Mar. 2024 was 円21.73.

During the past 12 months, Medinet Co's average Book Value per Share Growth Rate was -4.40% per year. During the past 3 years, the average Book Value per Share Growth Rate was -10.10% per year. During the past 5 years, the average Book Value per Share Growth Rate was -1.90% per year. During the past 10 years, the average Book Value per Share Growth Rate was -16.10% 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 Medinet Co was 24.90% per year. The lowest was -30.60% per year. And the median was -5.10% per year.

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

For the Biotechnology subindustry, Medinet 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.

Medinet Co's 3-Year Book Growth Rate Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Medinet Co's 3-Year Book Growth Rate distribution charts can be found below:

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

Medinet 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.

Medinet Co (TSE:2370) 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.

Medinet Co 3-Year Book Growth Rate Related Terms

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Medinet Co (TSE:2370) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Medinet Co Ltd (TSE:2370) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-3-12 Shin-Yokohama, Shin-Yokohama Square Building, 14 Floor, Kohoku-ku, Yokohama, JPN, 222-0033

Website

http://www.medinet-inc.co.jp

Medinet Co Ltd is a Japan-based Contract Development and Manufacturing Organization (CDMO). The company is engaged in the research and development of regenerative medical products, investigational products, and specified cell products. MEDINET is a one-stop regenerative medicine and cell therapy solution provider. It provides value chain solutions including personnel training, facility and equipment design, facility operations and management, preparation of standard operating procedures, logistics network, information system, purchasing and production management, quality management solutions to medical institutions, research institutions, and biopharmaceutical companies.

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