What is Patterson-UTI Energy 3-Year Book Growth Rate?
Patterson-UTI Energy's Book Value per Share for the quarter that ended in Dec. 2023 was $11.70.
During the past 12 months, Patterson-UTI Energy's average Book Value per Share Growth Rate was 50.10% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 2.90% per year.
During the past 5 years, the average Book Value per Share Growth Rate was -10.70% per year.
During the past 10 years, the average Book Value per Share Growth Rate was -8.40% 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 Patterson-UTI Energy was 51.10% per year. The lowest was -23.00% per year. And the median was 10.10% per year.
Competitive Comparison of Patterson-UTI Energy's 3-Year Book Growth Rate
For the Oil & Gas Drilling subindustry, Patterson-UTI Energy'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.
Patterson-UTI Energy's 3-Year Book Growth Rate Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Patterson-UTI Energy's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Patterson-UTI Energy's 3-Year Book Growth Rate falls into.
Patterson-UTI Energy 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.
Patterson-UTI Energy (NAS:PTEN) 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.
Patterson-UTI Energy 3-Year Book Growth Rate Related Terms
Thank you for viewing the detailed overview of Patterson-UTI Energy's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.
Patterson-UTI Energy (Patterson-UTI Energy) Business Description
Patterson-UTI Energy is one of the largest land rig drilling contractors in the United States and maintains moderately sized pressure-pumping operations primarily in Texas and the Appalachian region, plus some modest operations in Colombia. It also provides directional drilling services and tool rental services in most U.S. onshore oil and gas basins.
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