During the past 12 months, Mitek Systems's average Book Value per Share Growth Rate was 8.50% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 12.50% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 13.20% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 21.60% 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 Mitek Systems was 302.60% per year. The lowest was -59.50% per year. And the median was 12.40% per year.
Competitive Comparison of Mitek Systems's 3-Year Book Growth Rate
For the Software - Application subindustry, Mitek Systems'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.
Mitek Systems's 3-Year Book Growth Rate Distribution in the Software Industry
For the Software industry and Technology sector, Mitek Systems's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Mitek Systems's 3-Year Book Growth Rate falls into.
Mitek Systems 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.
Mitek Systems (NAS:MITK) 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.
Mitek Systems 3-Year Book Growth Rate Related Terms
Thank you for viewing the detailed overview of Mitek Systems's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.
Mitek Systems (Mitek Systems) Business Description
Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile imaging. The firm is a software development company with expertise in artificial intelligence, and machine learning. It is serving more than 7,800 financial services organizations and leading marketplace and financial technology brands across the globe. Mitek's Mobile Deposit solution is used by consumers for mobile check deposits. The company's Mobile Verify verifies a user's identity online enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.
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