Reach Subsea ASA (FRA:4RS) 3-Year Book Growth Rate : 32.80% (As of Mar. 2024)

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What is Reach Subsea ASA 3-Year Book Growth Rate?

Reach Subsea ASA's Book Value per Share for the quarter that ended in Mar. 2024 was €0.30.

During the past 12 months, Reach Subsea ASA's average Book Value per Share Growth Rate was 25.20% per year. During the past 3 years, the average Book Value per Share Growth Rate was 32.80% per year. During the past 5 years, the average Book Value per Share Growth Rate was 21.90% per year. During the past 10 years, the average Book Value per Share Growth Rate was 3.60% 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 Reach Subsea ASA was 90.10% per year. The lowest was -94.20% per year. And the median was -1.30% per year.

Competitive Comparison of Reach Subsea ASA's 3-Year Book Growth Rate

For the Oil & Gas Equipment & Services subindustry, Reach Subsea ASA'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.

Reach Subsea ASA's 3-Year Book Growth Rate Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Reach Subsea ASA's 3-Year Book Growth Rate falls into.

Reach Subsea ASA 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.

Reach Subsea ASA (FRA:4RS) 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.

Reach Subsea ASA 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Reach Subsea ASA's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Reach Subsea ASA (FRA:4RS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Reach Subsea ASA (FRA:4RS) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

REACHo:Sweden REACH:Norway

Address

Møllervegen 6, Haugesund, NOR, 5525

Website

https://www.reachsubsea.no

Reach Subsea ASA is a Norwegian subsea service provider. The services provided by the company include vessel fleet which comprises of edda fonn which is used for survey and light construction services, havila subsea, normand reach for complex offshore operations, viking neptun for cable installation and heavy lifting, and stril explorer. It two reportable segments namely Oil and Gas and Renewable and others. The company generates maximum revenue from the Oil and Gas segment.

Reach Subsea ASA (FRA:4RS) Headlines

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