VEVMQ (Vicinity Motor) 3-Year Book Growth Rate : -7.40% (As of Mar. 2024)

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What is Vicinity Motor 3-Year Book Growth Rate?

Vicinity Motor's Book Value per Share for the quarter that ended in Mar. 2024 was $0.41.

During the past 12 months, Vicinity Motor's average Book Value per Share Growth Rate was -47.60% per year. During the past 3 years, the average Book Value per Share Growth Rate was -7.40% per year. During the past 5 years, the average Book Value per Share Growth Rate was 1.40% 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 Vicinity Motor was 143.60% per year. The lowest was -7.40% per year. And the median was 18.00% per year.

Competitive Comparison of Vicinity Motor's 3-Year Book Growth Rate

For the Auto Manufacturers subindustry, Vicinity Motor'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.

Vicinity Motor's 3-Year Book Growth Rate Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Vicinity Motor's 3-Year Book Growth Rate distribution charts can be found below:

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

Vicinity Motor 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.

Vicinity Motor (OTCPK:VEVMQ) 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.

Vicinity Motor 3-Year Book Growth Rate Related Terms

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Vicinity Motor Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Vicinity Motor Corp (OTCPK:VEVMQ) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

6LGA:Germany VMC:Canada

Address

3168 262nd Street, Aldergrove, BC, CAN, V4W 2Z6

Website

https://www.vicinitymotorcorp.com

Vicinity Motor Corp is a bus manufacturer. The company is engaged in designing, engineering, and manufacturing mid-size buses for transit authorities and commercial enterprises. Geographically, it derives a majority of its revenue from Canada and also has a presence in the United States.