2cureX AB (OSTO:2CUREX) 3-Year Book Growth Rate : 2.60% (As of Sep. 2023)

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What is 2cureX AB 3-Year Book Growth Rate?

2cureX AB's Book Value per Share for the quarter that ended in Sep. 2023 was kr1.01.

During the past 12 months, 2cureX AB's average Book Value per Share Growth Rate was -65.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was 2.60% per year. During the past 5 years, the average Book Value per Share Growth Rate was 17.50% 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 8 years, the highest 3-Year average Book Value per Share Growth Rate of 2cureX AB was 55.30% per year. The lowest was 2.60% per year. And the median was 28.90% per year.

Competitive Comparison of 2cureX AB's 3-Year Book Growth Rate

For the Biotechnology subindustry, 2cureX AB'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.

2cureX AB's 3-Year Book Growth Rate Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, 2cureX AB's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where 2cureX AB's 3-Year Book Growth Rate falls into.

2cureX AB 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.

2cureX AB (OSTO:2CUREX) 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.

2cureX AB 3-Year Book Growth Rate Related Terms

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2cureX AB (OSTO:2CUREX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » 2cureX AB (OSTO:2CUREX) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

2QE:Germany

Address

Fruebjergvej 3, Copenhagen, DNK, DK-2100

Website

https://www.2curex.com

2cureX AB is a biotech company. The company is engaged in improving treatment efficiency, mainly for cancer patients. It is involved in developing a product, namely IndiTreat, which is a technology for the treatment of colorectal, ovarian, and pancreatic cancers. The company's sub-products include IndiTreat Test, IndiTreat clinical programs, and IndiTreat Therapy Design.

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