Canadian Net REIT (TSXV:NET.UN) 3-Year Book Growth Rate : 6.80% (As of Dec. 2023)

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What is Canadian Net REIT 3-Year Book Growth Rate?

Canadian Net REIT's Book Value per Share for the quarter that ended in Dec. 2023 was C$6.31.

During the past 12 months, Canadian Net REIT's average Book Value per Share Growth Rate was 9.40% per year. During the past 3 years, the average Book Value per Share Growth Rate was 6.80% per year. During the past 5 years, the average Book Value per Share Growth Rate was 9.70% per year. During the past 10 years, the average Book Value per Share Growth Rate was 8.70% 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 Canadian Net REIT was 40.50% per year. The lowest was 1.70% per year. And the median was 9.60% per year.

Competitive Comparison of Canadian Net REIT's 3-Year Book Growth Rate

For the REIT - Diversified subindustry, Canadian Net REIT'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.

Canadian Net REIT's 3-Year Book Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Canadian Net REIT's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Canadian Net REIT's 3-Year Book Growth Rate falls into.

Canadian Net REIT 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.

Canadian Net REIT (TSXV:NET.UN) 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.

Canadian Net REIT 3-Year Book Growth Rate Related Terms

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Canadian Net REIT (TSXV:NET.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Canadian Net REIT (TSXV:NET.UN) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

CNNRF:USA

Address

106 Gun Avenue, A/S Jason Parravano, Pointe Claire, QC, CAN, H9R 3X3

Website

https://www.cnetreit.com

Canadian Net REIT is an open-ended trust that acquires and owns high-quality triple net and management-free commercial real estate properties. The Trust operates in one segment, commercial real estate located in Canada.

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