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New Gold (TSX:NGD) 3-Year Book Growth Rate : 1.20% (As of Dec. 2023)


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What is New Gold 3-Year Book Growth Rate?

New Gold's Book Value per Share for the quarter that ended in Dec. 2023 was C$1.54.

During the past 12 months, New Gold's average Book Value per Share Growth Rate was -19.30% per year. During the past 3 years, the average Book Value per Share Growth Rate was 1.20% per year. During the past 5 years, the average Book Value per Share Growth Rate was -4.20% per year. During the past 10 years, the average Book Value per Share Growth Rate was -14.70% 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 New Gold was 84.40% per year. The lowest was -34.30% per year. And the median was 1.00% per year.


Competitive Comparison of New Gold's 3-Year Book Growth Rate

For the Gold subindustry, New Gold'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.


New Gold's 3-Year Book Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, New Gold's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where New Gold's 3-Year Book Growth Rate falls into.



New Gold 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.


New Gold  (TSX:NGD) 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.


New Gold 3-Year Book Growth Rate Related Terms

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New Gold (TSX:NGD) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Suite 3320, Toronto, ON, CAN, M5J 2T3
New Gold Inc participates in the development and operation of intermediate mining properties. The company has a portfolio of two primary assets: the Rainy River Mine and the New Afton Mine in Canada. The company also owns the Cerro San Pedro Mine in Mexico. The company derives revenue from the sale of gold, copper, and silver to various banks engaged in the trading of precious metals and refineries.