Iris Energy (Iris Energy) 3-Year Book Growth Rate : 212.20% (As of Dec. 2023)

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What is Iris Energy 3-Year Book Growth Rate?

Iris Energy's Book Value per Share for the quarter that ended in Dec. 2023 was $3.93.

During the past 12 months, Iris Energy's average Book Value per Share Growth Rate was -52.90% per year. During the past 3 years, the average Book Value per Share Growth Rate was 212.20% 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 4 years, the highest 3-Year average Book Value per Share Growth Rate of Iris Energy was 212.20% per year. The lowest was 212.20% per year. And the median was 212.20% per year.

Competitive Comparison of Iris Energy's 3-Year Book Growth Rate

For the Capital Markets subindustry, Iris Energy'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.

Iris Energy's 3-Year Book Growth Rate Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Iris Energy's 3-Year Book Growth Rate distribution charts can be found below:

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

Iris Energy 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.

Iris Energy (NAS:IREN) 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.

Iris Energy 3-Year Book Growth Rate Related Terms

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Iris Energy (Iris Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Iris Energy Ltd (NAS:IREN) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

44 Market Street, Level 12, Sydney, NSW, AUS, 2000

Website

https://www.irisenergy.co

Iris Energy Ltd is a Bitcoin mining company. It builds, owns, and operates data centers and electrical infrastructure for the mining of Bitcoin powered by renewable energy. The company's mining operations generate revenue by earning Bitcoin through a combination of block rewards and transaction fees from the operation of its specialized computers called Application-specific Integrated Circuits and exchanging these Bitcoin for currencies such as USD or CAD on a daily basis.