Platinum Asset Management (ASX:PTM) 3-Year Book Growth Rate : 1.60% (As of Dec. 2023)

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What is Platinum Asset Management 3-Year Book Growth Rate?

Platinum Asset Management's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.56.

During the past 12 months, Platinum Asset Management's average Book Value per Share Growth Rate was -2.30% per year. During the past 3 years, the average Book Value per Share Growth Rate was 1.60% per year. During the past 5 years, the average Book Value per Share Growth Rate was 0.50% per year. During the past 10 years, the average Book Value per Share Growth Rate was -0.80% 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 Platinum Asset Management was 42.50% per year. The lowest was -4.00% per year. And the median was 1.25% per year.

Competitive Comparison of Platinum Asset Management's 3-Year Book Growth Rate

For the Asset Management subindustry, Platinum Asset Management'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.

Platinum Asset Management's 3-Year Book Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Platinum Asset Management's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Platinum Asset Management's 3-Year Book Growth Rate falls into.

Platinum Asset Management 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.

Platinum Asset Management (ASX:PTM) 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.

Platinum Asset Management 3-Year Book Growth Rate Related Terms

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Platinum Asset Management (ASX:PTM) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

PIJ:Germany

Address

Level 8, 7 Macquarie Place, Sydney, NSW, AUS, 2000

Website

https://www.platinum.com.au

Platinum Asset Management is an Australian-based niche fund manager with a specialty in international equities founded in 1994. It offers region and industry-specific funds in addition to global portfolios. There is flexibility in the investment strategies at Platinum, with funds having the option to engage in short-selling, taking positions in foreign exchange markets, and derivative-based activities to manage risk and aid performance.