Northern Drilling (FRA:ND6) 3-Year Book Growth Rate : 32.40% (As of Jun. 2023)

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What is Northern Drilling 3-Year Book Growth Rate?

Northern Drilling's Book Value per Share for the quarter that ended in Jun. 2023 was €11.31.

During the past 12 months, Northern Drilling's average Book Value per Share Growth Rate was -18.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was 32.40% 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 6 years, the highest 3-Year average Book Value per Share Growth Rate of Northern Drilling was 32.40% per year. The lowest was 31.10% per year. And the median was 31.75% per year.

Competitive Comparison of Northern Drilling's 3-Year Book Growth Rate

For the Oil & Gas Drilling subindustry, Northern Drilling'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.

Northern Drilling's 3-Year Book Growth Rate Distribution in the Oil & Gas Industry

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

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

Northern Drilling 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.

Northern Drilling (FRA:ND6) 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.

Northern Drilling 3-Year Book Growth Rate Related Terms

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Northern Drilling (FRA:ND6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Northern Drilling Ltd (FRA:ND6) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

NODLo:Sweden NODL:Norway

Address

14 Par La Ville Road, Par La Ville Place, Hamilton, BMU, HM08

Website

https://www.northerndrillingltd.com

Northern Drilling Ltd is an international drilling contractor for the oil and gas industry, with the ambition of acquiring and operating modern drilling assets, and is expected to be primarily engaged in offshore contract drilling in ultra-deepwater environments. West Aquila and West Libra are some of its major sophisticated high-end drilling units.

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