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Profound Medical (TSX:PRN) 3-Year Book Growth Rate

: -31.80% (As of Dec. 2023)
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Profound Medical's Book Value per Share for the quarter that ended in Dec. 2023 was C$1.96.

During the past 12 months, Profound Medical's average Book Value per Share Growth Rate was -42.20% per year. During the past 3 years, the average Book Value per Share Growth Rate was -31.80% per year. During the past 5 years, the average Book Value per Share Growth Rate was 2.80% 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 10 years, the highest 3-Year average Book Value per Share Growth Rate of Profound Medical was 46.50% per year. The lowest was -35.10% per year. And the median was -11.40% per year.

Competitive Comparison

For the Medical Devices subindustry, Profound Medical'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.

Profound Medical 3-Year Book Growth Rate Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Profound Medical's 3-Year Book Growth Rate distribution charts can be found below:

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


Profound Medical 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.

Profound Medical  (TSX:PRN) 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.

Profound Medical 3-Year Book Growth Rate Related Terms

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Profound Medical (TSX:PRN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Profound Medical Corp (TSX:PRN) » Definitions » 3-Year Book Growth Rate
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Traded in Other Exchanges
PROF:USA
Address
2400 Skymark Avenue, Unit 6, Mississauga, ON, CAN, L4W 5K5
Website
https://www.profoundmedical.com
Profound Medical Corp is a commercial-stage medical device company focused on the development and marketing of customizable, incision-free therapeutic systems for the image-guided ablation of diseased tissue utilizing its platform technologies and leveraging the healthcare system's existing imaging infrastructure. The company's product TULSA-PRO system combines real-time MRI, robotically driven transurethral sweeping-action thermal ultrasound with closed-loop temperature feedback control for the ablation of prostate tissue. The product is comprised of one-time-use devices and durable equipment that are used in conjunction with a customer's existing MRI scanner.

Profound Medical (TSX:PRN) Headlines