During the past 12 months, Ratnaveer Precision Engineering's average Book Value Per Share Growth Rate was 137.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 64.60% 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 book value growth rate using book value per share data.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Ratnaveer Precision Engineering was 64.60% per year. The lowest was 27.60% per year. And the median was 46.10% per year.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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Ratnaveer Precision Engineering Book Value per Share Chart
Ratnaveer Precision Engineering Annual Data
Trend
Mar20
Mar21
Mar22
Mar23
Mar24
Book Value per Share
10.53
11.67
13.60
21.87
51.98
Ratnaveer Precision Engineering Semi-Annual Data
Mar20
Mar21
Mar22
Mar23
Mar24
Book Value per Share
10.53
11.67
13.60
21.87
51.98
Competitive Comparison of Ratnaveer Precision Engineering's Book Value per Share
For the Steel subindustry, Ratnaveer Precision Engineering's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Ratnaveer Precision Engineering's PB Ratio Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Ratnaveer Precision Engineering's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ratnaveer Precision Engineering's PB Ratio falls into.
Ratnaveer Precision Engineering Book Value per Share Calculation
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Ratnaveer Precision Engineering (BOM:543978) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Ratnaveer Precision Engineering Book Value per Share Related Terms
Thank you for viewing the detailed overview of Ratnaveer Precision Engineering's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Ratnaveer Precision Engineering (BOM:543978) Business Description
Ratnaveer Precision Engineering Ltd is a stainless steel (SS) product manufacturer focused on producing finished sheets, washers, solar roofing hooks, pipes and tubes. It manufactures finishing sheets, washers and solar mounting hooks at Unit I and SS pipes & tubes at Unit II. Unit III and Unit IV are dedicated to the backward integration process where Unit III is the melting unit where the company melts steel scrap and turns it into steel ingots and Unit IV is the rolling unit where flat ingots are further processed to turn them into sheets which are the raw material for washers.
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