Meridian Energy (Meridian Energy) 3-Year Book Growth Rate : 5.30% (As of Dec. 2023)

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What is Meridian Energy 3-Year Book Growth Rate?

Meridian Energy's Book Value per Share for the quarter that ended in Dec. 2023 was $1.42.

During the past 12 months, Meridian Energy's average Book Value per Share Growth Rate was -1.60% per year. During the past 3 years, the average Book Value per Share Growth Rate was 5.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was 3.20% per year. During the past 10 years, the average Book Value per Share Growth Rate was -0.10% 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 Meridian Energy was 5.30% per year. The lowest was -16.30% per year. And the median was 0.35% per year.

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

For the Utilities - Renewable subindustry, Meridian 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.

Meridian Energy's 3-Year Book Growth Rate Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Meridian Energy's 3-Year Book Growth Rate distribution charts can be found below:

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

Meridian 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.

Meridian Energy (OTCPK:MDDNF) 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.

Meridian Energy 3-Year Book Growth Rate Related Terms

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Meridian Energy (Meridian Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Meridian Energy Ltd (OTCPK:MDDNF) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

MEL:New Zealand 15M1:Germany MEZ:Australia

Address

287-293 Durham Street North, Christchurch Central, Christchurch, STL, NZL, 8013

Website

https://www.meridianenergy.co.nz

Meridian is New Zealand's largest electricity generator, operating hydro stations and wind farms in New Zealand. Nearly 90% of its electricity is generated from low-cost hydro power plants, with wind making up the rest. The company's main competitors are vertically integrated firms, such as Mercury NZ, Genesis Energy, Contact Energy, and Trustpower.