Argon Denims (DHA:ARGONDENIM) 3-Year Book Growth Rate : -0.70% (As of Dec. 2023)

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What is Argon Denims 3-Year Book Growth Rate?

Argon Denims's Book Value per Share for the quarter that ended in Dec. 2023 was BDT24.57.

During the past 12 months, Argon Denims's average Book Value per Share Growth Rate was 3.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was -0.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was 0.90% 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 9 years, the highest 3-Year average Book Value per Share Growth Rate of Argon Denims was 16.80% per year. The lowest was -0.70% per year. And the median was 4.05% per year.

Competitive Comparison of Argon Denims's 3-Year Book Growth Rate

For the Textile Manufacturing subindustry, Argon Denims'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.

Argon Denims's 3-Year Book Growth Rate Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Argon Denims's 3-Year Book Growth Rate distribution charts can be found below:

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

Argon Denims 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.

Argon Denims (DHA:ARGONDENIM) 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.

Argon Denims 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Argon Denims's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Argon Denims (DHA:ARGONDENIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Argon Denims Ltd (DHA:ARGONDENIM) » Definitions » 3-Year Book Growth Rate

Traded in Other Exchanges

N/A

Address

57, Joar Sahara, New Airport Road, Level-6, Lotus Kamal Tower ONE, Nikunja-2- C/A, Dhaka, BGD, 1229

Website

http://www.argondenims.com

Argon Denims Ltd is engaged in manufacturing, dyeing, and finishing Denim Fabric based in Bangladesh and focuses on exports. The firm carries out the business of weaving, spinning, bleaching, dyeing, mercerizing printing, finishing, and selling denim fabrics, yarn, cloth, linen, hosiery, and other goods and fabrics whether textiles knitted or looped. It produces a medium and premium range of denim fabrics in various weights. The products include fabrics in 100% cotton, cotton stretch, cotton polyester, and cotton-polyester stretch. The dyeing line is equipped with light and dark indigo, Sulphur black, SBIT, IBST with casts and colors.

Argon Denims (DHA:ARGONDENIM) Headlines

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