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Altex Industries (Altex Industries) 3-Year Book Growth Rate : 2.80% (As of Dec. 2023)


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What is Altex Industries 3-Year Book Growth Rate?

Altex Industries's Book Value per Share for the quarter that ended in Dec. 2023 was $0.10.

During the past 12 months, Altex Industries's average Book Value per Share Growth Rate was -6.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was 2.80% per year. During the past 5 years, the average Book Value per Share Growth Rate was -0.30% per year. During the past 10 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 13 years, the highest 3-Year average Book Value per Share Growth Rate of Altex Industries was 32.60% per year. The lowest was -15.20% per year. And the median was -5.00% per year.


Competitive Comparison of Altex Industries's 3-Year Book Growth Rate

For the Oil & Gas E&P subindustry, Altex Industries'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.


Altex Industries's 3-Year Book Growth Rate Distribution in the Oil & Gas Industry

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

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



Altex Industries 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.


Altex Industries  (OTCPK:ALTX) 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.


Altex Industries 3-Year Book Growth Rate Related Terms

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Altex Industries (Altex Industries) Business Description

Traded in Other Exchanges
N/A
Address
700 Colorado Boulevard, Suite 273, Denver, CO, USA, 80206-4084
Altex Industries Inc is a US-based holding company. Through its wholly-owned subsidiary, it owns interests in productive onshore oil and gas properties, has bought and sold producing oil and gas properties, and has participated in the drilling of exploratory and development wells, and completion of existing wells in Utah and Wyoming. The Company's revenue is from sales of oil and gas production, interest income, and, occasionally, bonus payments for mineral leases.
Executives
Jeffrey S Chernow director PO BOX 1057, BRECKENRIDGE CO 80424
Stephen Fante director PO BOX 1057, BRECKENRIDGE CO 80424

Altex Industries (Altex Industries) Headlines

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