What is Ocean Power Technologies 3-Year Book Growth Rate?
Ocean Power Technologies's Book Value per Share for the quarter that ended in Jan. 2024 was $0.43.
During the past 12 months, Ocean Power Technologies's average Book Value per Share Growth Rate was -54.90% per year.
During the past 3 years, the average Book Value per Share Growth Rate was -1.20% per year.
During the past 5 years, the average Book Value per Share Growth Rate was -35.30% per year.
During the past 10 years, the average Book Value per Share Growth Rate was -49.90% 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 Ocean Power Technologies was 231.70% per year. The lowest was -64.00% per year. And the median was -28.05% per year.
Competitive Comparison of Ocean Power Technologies's 3-Year Book Growth Rate
For the Specialty Industrial Machinery subindustry, Ocean Power 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.
Ocean Power Technologies's 3-Year Book Growth Rate Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ocean Power Technologies's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Ocean Power Technologies's 3-Year Book Growth Rate falls into.
Ocean Power 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.
Ocean Power Technologies (AMEX:OPTT) 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.
Ocean Power Technologies 3-Year Book Growth Rate Related Terms
Thank you for viewing the detailed overview of Ocean Power Technologies's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.
Ocean Power Technologies (Ocean Power Technologies) Business Description
Ocean Power Technologies Inc provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets. It provides ocean data collection and reporting, marine power, offshore communications, and Maritime Domain Awareness System (MDAS) products, integrated solutions, and consulting services. The company offers its products and services to a wide range of customers, including those in government and offshore energy, oil and gas, construction, wind power, and other industries. The company has operations in North and South America, Europe, Asia and Australia.
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