During the past 12 months, Novanta's average Book Value per Share Growth Rate was 16.30% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 11.50% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 11.70% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 11.90% 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 Novanta was 16.60% per year. The lowest was -40.20% per year. And the median was 5.30% per year.
Competitive Comparison of Novanta's 3-Year Book Growth Rate
For the Scientific & Technical Instruments subindustry, Novanta'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.
Novanta's 3-Year Book Growth Rate Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Novanta's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Novanta's 3-Year Book Growth Rate falls into.
Novanta 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.
Novanta (NAS:NOVT) 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.
Novanta 3-Year Book Growth Rate Related Terms
Thank you for viewing the detailed overview of Novanta's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.
Novanta Inc manufactures photonic and motion-control components for original equipment manufacturers in the medical equipment and industrial technology markets. The firm operates in three segments: photonics, vision, and precision motion. The photonics segment, which sells photonics-based products that include carbon dioxide lasers, laser scanning, super-resolution imaging lasers, and laser beam delivery items. The vision segment sells medical-grade technologies, including visualization solutions, imaging informatics products, and thermal printers contributing the majority of revenue. The precision motion segment sells optical encoders, motion control technology, and precision machined components. The firm generates the majority of its revenue from the United States and Europe.
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