Telefonaktiebolaget L M Ericsson (OHEL:ERIBR) 3-Year Book Growth Rate

: 4.40% (As of Mar. 2024)

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Telefonaktiebolaget L M Ericsson's Book Value per Share for the quarter that ended in Mar. 2024 was €2.89.

During the past 12 months, Telefonaktiebolaget L M Ericsson's average Book Value per Share Growth Rate was -26.80% per year. During the past 3 years, the average Book Value per Share Growth Rate was 4.40% per year. During the past 5 years, the average Book Value per Share Growth Rate was 6.90% per year. During the past 10 years, the average Book Value per Share Growth Rate was -3.90% 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 Telefonaktiebolaget L M Ericsson was 30.50% per year. The lowest was -31.50% per year. And the median was 7.80% per year.

Competitive Comparison

For the Communication Equipment subindustry, Telefonaktiebolaget L M Ericsson'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.

Telefonaktiebolaget L M Ericsson 3-Year Book Growth Rate Distribution

For the Hardware industry and Technology sector, Telefonaktiebolaget L M Ericsson's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Telefonaktiebolaget L M Ericsson's 3-Year Book Growth Rate falls into.

Telefonaktiebolaget L M Ericsson 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.

Telefonaktiebolaget L M Ericsson (OHEL:ERIBR) 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.

Telefonaktiebolaget L M Ericsson 3-Year Book Growth Rate Related Terms

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Telefonaktiebolaget L M Ericsson (OHEL:ERIBR) Business Description

Industry

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Comparable Companies

Address

Torshamnsgatan 21, Kista, Stockholm, SWE, SE-164 83

Website

https://www.ericsson.com

Ericsson provides telecom equipment and services that are primarily used to build and facilitate mobile networks through operations in three segments: networks, cloud and software services, and enterprises. The firm's customers have historically been primarily wireless carriers, but the firm is making a push to cater more to other enterprises as well, both as they try to take advantage of 5G capabilities and on other "as-a-service" communications platforms. The company also licenses its patents to handset manufacturers so their devices are compatible with wireless networks.

Telefonaktiebolaget L M Ericsson (OHEL:ERIBR) Headlines

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