Summit Hotel Properties's Book Value per Share for the quarter that ended in Dec. 2023 was $8.47.
During the past 12 months, Summit Hotel Properties's average Book Value per Share Growth Rate was -5.70% per year.
During the past 3 years, the average Book Value per Share Growth Rate was -3.30% per year.
During the past 5 years, the average Book Value per Share Growth Rate was -6.00% per year.
During the past 10 years, the average Book Value per Share Growth Rate was -1.20% 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 Summit Hotel Properties was 176.80% per year. The lowest was -8.50% per year. And the median was 1.30% per year.
Competitive Comparison
For the REIT - Hotel & Motel subindustry, Summit Hotel Properties'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.
Summit Hotel Properties 3-Year Book Growth Rate Distribution
For the REITs industry and Real Estate sector, Summit Hotel Properties's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Summit Hotel Properties's 3-Year Book Growth Rate falls into.
Summit Hotel Properties 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.
Summit Hotel Properties (NYSE:INN) 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.
Summit Hotel Properties 3-Year Book Growth Rate Related Terms
Thank you for viewing the detailed overview of Summit Hotel Properties's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.
Summit Hotel Properties (Summit Hotel Properties) Business Description
Summit Hotel Properties Inc is a U.S.-based hotel investment company focusing on select-service hotels in the upscale and upper-midscale properties in the U.S. Substantially all of Summit's assets are held and operated by its Operating Partnership, Summit Hotel OP, LP, in which the company holds general and limited partnership interests. The firm has one segment in activities related to investing in real estate. Summit's revenue streams include Room and Other hotel operations revenue. Room comprises the majority of total revenues. The firm's hotels are located in various markets, such as corporate offices, retail centers, airports, state capitols, convention centers, and leisure attractions. Summit's hotels operate under brands, including Marriott, Hilton, Hyatt, and Holiday Inn.
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