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STEP Energy Services (TSX:STEP) 3-Year Book Growth Rate : 17.70% (As of Dec. 2023)


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What is STEP Energy Services 3-Year Book Growth Rate?

STEP Energy Services's Book Value per Share for the quarter that ended in Dec. 2023 was C$4.93.

During the past 12 months, STEP Energy Services's average Book Value per Share Growth Rate was 15.20% per year. During the past 3 years, the average Book Value per Share Growth Rate was 17.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was -6.60% 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 11 years, the highest 3-Year average Book Value per Share Growth Rate of STEP Energy Services was 63.50% per year. The lowest was -28.70% per year. And the median was 3.70% per year.


Competitive Comparison of STEP Energy Services's 3-Year Book Growth Rate

For the Oil & Gas Equipment & Services subindustry, STEP Energy Services'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.


STEP Energy Services's 3-Year Book Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, STEP Energy Services's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where STEP Energy Services's 3-Year Book Growth Rate falls into.



STEP Energy Services 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.


STEP Energy Services  (TSX:STEP) 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.


STEP Energy Services 3-Year Book Growth Rate Related Terms

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STEP Energy Services (TSX:STEP) Business Description

Traded in Other Exchanges
Address
1200, 205-5th Avenue SW, Bow Valley Square II, Calgary, AB, CAN, T2P 2V7
STEP Energy Services Ltd is an oilfield service company. It provides coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing solutions. STEP has a high-performance safety-focused culture and provides innovative, reliable, and cost-effective solutions to its E&P clients. The group's services are focused on the WCSB, Permian and Eagle Ford in Texas, the Uinta-Piceance and Niobrara-DJ basins in Colorado, and the Bakken in North Dakota.