Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) 3-Year Book Growth Rate : 0.80% (As of Dec. 2023)

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What is Canadian Apartment Properties Real Estate Investment Trust 3-Year Book Growth Rate?

Canadian Apartment Properties Real Estate Investment Trust's Book Value per Share for the quarter that ended in Dec. 2023 was C$55.36.

During the past 12 months, Canadian Apartment Properties Real Estate Investment Trust's average Book Value per Share Growth Rate was -6.30% per year. During the past 3 years, the average Book Value per Share Growth Rate was 0.80% per year. During the past 5 years, the average Book Value per Share Growth Rate was 5.50% per year. During the past 10 years, the average Book Value per Share Growth Rate was 10.10% 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 Canadian Apartment Properties Real Estate Investment Trust was 54.40% per year. The lowest was -12.50% per year. And the median was 6.35% per year.

Competitive Comparison of Canadian Apartment Properties Real Estate Investment Trust's 3-Year Book Growth Rate

For the REIT - Residential subindustry, Canadian Apartment Properties Real Estate Investment Trust'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.

Canadian Apartment Properties Real Estate Investment Trust's 3-Year Book Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Canadian Apartment Properties Real Estate Investment Trust's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Canadian Apartment Properties Real Estate Investment Trust's 3-Year Book Growth Rate falls into.

Canadian Apartment Properties Real Estate Investment Trust 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.

Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) 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.

Canadian Apartment Properties Real Estate Investment Trust 3-Year Book Growth Rate Related Terms

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Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

CDPYF:USA CARUN:Mexico

Address

11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1

Website

https://www.capreit.ca

Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants. The majority of this revenue comes from assets located in the Greater Toronto and Greater Montreal regions. The buildings in these areas also contain the majority of CAPREIT's total housing units.

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