ReadyTech Holdings (ASX:RDY) 3-Year Book Growth Rate : 39.50% (As of Dec. 2023)

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What is ReadyTech Holdings 3-Year Book Growth Rate?

ReadyTech Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was A$1.18.

During the past 12 months, ReadyTech Holdings's average Book Value per Share Growth Rate was 10.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was 39.50% 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 5 years, the highest 3-Year average Book Value per Share Growth Rate of ReadyTech Holdings was 39.50% per year. The lowest was 36.00% per year. And the median was 37.75% per year.

Competitive Comparison of ReadyTech Holdings's 3-Year Book Growth Rate

For the Software - Application subindustry, ReadyTech Holdings'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.

ReadyTech Holdings's 3-Year Book Growth Rate Distribution in the Software Industry

For the Software industry and Technology sector, ReadyTech Holdings's 3-Year Book Growth Rate distribution charts can be found below:

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

ReadyTech Holdings 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.

ReadyTech Holdings (ASX:RDY) 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.

ReadyTech Holdings 3-Year Book Growth Rate Related Terms

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ReadyTech Holdings (ASX:RDY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ReadyTech Holdings Ltd (ASX:RDY) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 King Street, Level 2, Sydney, NSW, AUS, 2000

Website

https://www.readytech.com.au

ReadyTech Holdings Ltd is a provider of people management software for educators, employers, and facilitators of career transitions. Its products are JR Plus, A2E, HR3, ePayroll, JR Gov, Aussiepay, and others. The company's operating segments include Education and Work pathways, Workforce Solutions, and Government and Justice. It generates maximum revenue from the Education segment. The education segment mainly provides products and services to tertiary education providers. Its Workforce segment provides products and services to a mid-sized company across various industries. The Government division provides government and justice case management software as a service solution to local governments, state governments and justice departments.