Covalon Technologies (TSXV:COV) 3-Year Book Growth Rate : 29.20% (As of Jun. 2024)

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What is Covalon Technologies 3-Year Book Growth Rate?

Covalon Technologies's Book Value per Share for the quarter that ended in Jun. 2024 was C$0.88.

During the past 12 months, Covalon Technologies's average Book Value per Share Growth Rate was 2.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was 29.20% per year. During the past 5 years, the average Book Value per Share Growth Rate was 12.20% per year. During the past 10 years, the average Book Value per Share Growth Rate was 10.00% 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 Covalon Technologies was 43.20% per year. The lowest was -35.80% per year. And the median was -2.80% per year.

Competitive Comparison of Covalon Technologies's 3-Year Book Growth Rate

For the Biotechnology subindustry, Covalon Technologies'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.

Covalon Technologies's 3-Year Book Growth Rate Distribution in the Biotechnology Industry

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

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

Covalon Technologies 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.

Covalon Technologies (TSXV:COV) 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.

Covalon Technologies 3-Year Book Growth Rate Related Terms

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Covalon Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Covalon Technologies Ltd (TSXV:COV) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

CVALF:USA

Address

1660 Tech Avenue, Unit 5, Mississauga, ON, CAN, L4W 5S7

Website

https://www.covalon.com

Covalon Technologies Ltd is principally engaged in the business of developing, licensing, and selling medical technologies. The company develops wound care line which is designed for the treatment of a wide range of wounds; and infection prevention products such as MediClear PreOp which is a breathable, transparent, self-adhesive silicone barrier film that conforms to the contours of the body. It also develops perioperative care products. The company generates its revenue through development contracts, licensing agreements, and distribution contracts, and sales.

Executives

Amir Boloor	Director
Valerio Ditizio	Director or Senior Officer of 10% Security Holder, Senior Officer

Covalon Technologies Headlines

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