Rama Steel Tubes (NSE:RAMASTEEL) 3-Year Book Growth Rate : 36.90% (As of Dec. 2023)

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What is Rama Steel Tubes 3-Year Book Growth Rate?

Rama Steel Tubes's Book Value per Share for the quarter that ended in Dec. 2023 was ₹0.00.

During the past 12 months, Rama Steel Tubes's average Book Value per Share Growth Rate was 28.10% per year. During the past 3 years, the average Book Value per Share Growth Rate was 36.90% per year. During the past 5 years, the average Book Value per Share Growth Rate was 20.50% 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 9 years, the highest 3-Year average Book Value per Share Growth Rate of Rama Steel Tubes was 50.10% per year. The lowest was 8.30% per year. And the median was 26.90% per year.

Competitive Comparison of Rama Steel Tubes's 3-Year Book Growth Rate

For the Steel subindustry, Rama Steel Tubes'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.

Rama Steel Tubes's 3-Year Book Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Rama Steel Tubes's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Rama Steel Tubes's 3-Year Book Growth Rate falls into.

Rama Steel Tubes 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.

Rama Steel Tubes (NSE:RAMASTEEL) 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.

Rama Steel Tubes 3-Year Book Growth Rate Related Terms

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

Rama Steel Tubes (NSE:RAMASTEEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Rama Steel Tubes Ltd (NSE:RAMASTEEL) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

539309:India

Address

Main Road, B-5, 3rd Floor, Ghazipur, New Delhi, IND, 110096

Website

https://www.ramasteel.com

Rama Steel Tubes Ltd is a manufacturer and exporter of steel pipes, steel tubes, galvanized pipes, fence pipes, electrical conduit pipes, scaffolding fittings, hollow section, square steel pipes, and square steel tubes. The firm's only segment is the manufacturing and trading of Steel Tubes Pipes and Steel allied products. It also manufactures and exports hollow section for the automobile industry, including highway and street lighting poles, as well as traffic signal poles. It operates its business across the world and generates its revenues from India.

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