Algoma Steel Group (TSX:ASTL) 3-Year Book Growth Rate : 74.10% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Algoma Steel Group 3-Year Book Growth Rate?

Algoma Steel Group's Book Value per Share for the quarter that ended in Dec. 2023 was C$13.85.

During the past 12 months, Algoma Steel Group's average Book Value per Share Growth Rate was -2.40% per year. During the past 3 years, the average Book Value per Share Growth Rate was 74.10% 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 4 years, the highest 3-Year average Book Value per Share Growth Rate of Algoma Steel Group was 74.10% per year. The lowest was 74.10% per year. And the median was 74.10% per year.

Competitive Comparison of Algoma Steel Group's 3-Year Book Growth Rate

For the Steel subindustry, Algoma Steel Group'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.

Algoma Steel Group's 3-Year Book Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Algoma Steel Group's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Algoma Steel Group's 3-Year Book Growth Rate falls into.

Algoma Steel Group 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.

Algoma Steel Group (TSX:ASTL) 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.

Algoma Steel Group 3-Year Book Growth Rate Related Terms

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

Algoma Steel Group (TSX:ASTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Algoma Steel Group Inc (TSX:ASTL) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

ASTL:USA 9ZY:Germany

Address

105 West Street, Sault Ste., Marie, ON, CAN, P6A 7B4

Website

https://www.algoma.com

Algoma Steel Group Inc is a Canadian company engaged in the production of clean and consistent light gauge steel. The company offers a range of hot and cold rolled steel sheet and plate products. The firm operates in a single segment of basic steel production including sheets, plates, slabs, and freights. The Company's revenue is generated from contracts to produce, ship, and deliver steel products Geographically it serves Canada, the United States, and the rest of the world, whilst driving key revenue from domestic sales. The company generates the majority of its revenue from the sale of Steel sheets and strips.