Solar Industries India (NSE:SOLARINDS) 3-Year Book Growth Rate : 23.70% (As of Dec. 2023)

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What is Solar Industries India 3-Year Book Growth Rate?

Solar Industries India's Book Value per Share for the quarter that ended in Dec. 2023 was ₹0.00.

During the past 12 months, Solar Industries India's average Book Value per Share Growth Rate was 30.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was 23.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was 18.20% per year. During the past 10 years, the average Book Value per Share Growth Rate was 15.10% 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 Solar Industries India was 27.40% per year. The lowest was 0.10% per year. And the median was 15.60% per year.

Competitive Comparison of Solar Industries India's 3-Year Book Growth Rate

For the Specialty Chemicals subindustry, Solar Industries India'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.

Solar Industries India's 3-Year Book Growth Rate Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Solar Industries India's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Solar Industries India's 3-Year Book Growth Rate falls into.

Solar Industries India 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.

Solar Industries India (NSE:SOLARINDS) 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.

Solar Industries India 3-Year Book Growth Rate Related Terms

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Solar Industries India (NSE:SOLARINDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Solar Industries India Ltd (NSE:SOLARINDS) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

532725:India

Address

Amravati Road, Solar House, 14, Kachimet, Nagpur, MH, IND, 440023

Website

https://www.solargroup.com

Solar Industries India Ltd manufactures and sells a variety of explosives and defense products. The company primarily sells bulk and packaged explosives as well as detonation initiating systems to the mining, infrastructure, and construction industries. The firm's defense products include high energy explosives, propellants for delivering missiles and rockets, pyros, bombs, and warheads. Geographically, the group holds its presence in both India and internationally of which Indian region accounts for a majority of revenue.

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