During the past 12 months, Tortoise Essential Assetsome Term's average Book Value per Share Growth Rate was -9.30% per year.
During the past 3 years, the average Book Value per Share Growth Rate was -2.20% 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 5 years, the highest 3-Year average Book Value per Share Growth Rate of Tortoise Essential Assetsome Term was -2.20% per year. The lowest was -2.40% per year. And the median was -2.30% per year.
Competitive Comparison of Tortoise Essential Assetsome Term's 3-Year Book Growth Rate
For the Asset Management subindustry, Tortoise Essential Assetsome Term'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.
Tortoise Essential Assetsome Term's 3-Year Book Growth Rate Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Tortoise Essential Assetsome Term's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Tortoise Essential Assetsome Term's 3-Year Book Growth Rate falls into.
Tortoise Essential Assetsome Term 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.
Tortoise Essential Assetsome Term (NYSE:TEAF) 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.
Tortoise Essential Assetsome Term 3-Year Book Growth Rate Related Terms
Thank you for viewing the detailed overview of Tortoise Essential Assetsome Term's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.
Tortoise Essential Assetsome Term (Tortoise Essential Assetsome Term) Business Description
Tortoise Essential Assets Income Term is a US-based non-diversified, closed-end management investment company. Its investment objective is to provide common shareholders with a high level of total return with an emphasis on current distributions.
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