TCTM Kids IT Education (TCTM Kids IT Education) 3-Year Book Growth Rate : -7.60% (As of Jun. 2023)

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What is TCTM Kids IT Education 3-Year Book Growth Rate?

TCTM Kids IT Education's Book Value per Share for the quarter that ended in Jun. 2023 was $-20.04.

During the past 3 years, the average Book Value per Share Growth Rate was -7.60% 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 TCTM Kids IT Education was -0.70% per year. The lowest was -55.80% per year. And the median was -16.60% per year.

Competitive Comparison of TCTM Kids IT Education's 3-Year Book Growth Rate

For the Education & Training Services subindustry, TCTM Kids IT Education'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.

TCTM Kids IT Education's 3-Year Book Growth Rate Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, TCTM Kids IT Education's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where TCTM Kids IT Education's 3-Year Book Growth Rate falls into.

TCTM Kids IT Education 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.

TCTM Kids IT Education (NAS:TCTM) 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.

TCTM Kids IT Education 3-Year Book Growth Rate Related Terms

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TCTM Kids IT Education (TCTM Kids IT Education) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » TCTM Kids IT Education Inc (NAS:TCTM) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

0T8B:Germany

Address

No. 1 Andingmenwai Street, 6th Floor, Litchi Tower, Chaoyang District, Beijing, CHN, 100011

Website

https://www.tedu.cn

Tarena International Inc is engaged in providing professional education services including professional information technology (IT) training courses and non-IT training courses. It offers K-12 education services in China. The company operates in two reportable segments namely IT Professional Education and IT-focused Supplementary STEAM Education Services. The majority of the revenue is generated from the IT-focused Supplementary STEAM Education Services segment. The service provides by the company includes featuring course content, examinations, student and teaching staff interaction tools, student management tools, and an online student community. For adult students, Their education platform combines live distance instruction, classroom-based tutoring, and online learning modules.