Comet Industries (TSXV:CMU) 3-Year Book Growth Rate : 93.70% (As of Oct. 2024)

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What is Comet Industries 3-Year Book Growth Rate?

Comet Industries's Book Value per Share for the quarter that ended in Oct. 2024 was C$2.11.

During the past 12 months, Comet Industries's average Book Value per Share Growth Rate was 444.20% per year. During the past 3 years, the average Book Value per Share Growth Rate was 93.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was 42.90% per year. During the past 10 years, the average Book Value per Share Growth Rate was 25.60% 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 Comet Industries was 93.70% per year. The lowest was -42.70% per year. And the median was 6.15% per year.

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

For the Real Estate Services subindustry, Comet 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.

Comet Industries's 3-Year Book Growth Rate Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Comet Industries's 3-Year Book Growth Rate distribution charts can be found below:

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

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Comet 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.

Comet Industries (TSXV:CMU) 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.

Comet Industries 3-Year Book Growth Rate Related Terms

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Comet Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Comet Industries Ltd (TSXV:CMU) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

1177 West Hastings Street, Suite 1610, Vancouver, BC, CAN, V6E 2K3

Website

Comet Industries Ltd is an exploration-stage company. Principally, it is engaged in the business of acquiring and holding mineral properties and holding and managing real properties, in British Columbia. The company owns unimproved land in Kamloops, Terrace, and Pender Harbor, and a rental property in Vancouver, British Columbia on a freehold basis. Its segment includes Rental, Exploration, and General or administration. The company generates maximum revenue from the Rental segment. It owns an interest in the Big Onion zone on the Iron Mask property, which consists of approximately five crown-granted mineral claims.

Executives