Nichia Steel Works (TSE:5658) 3-Year Book Growth Rate : 3.80% (As of Dec. 2023)

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What is Nichia Steel Works 3-Year Book Growth Rate?

Nichia Steel Works's Book Value per Share for the quarter that ended in Dec. 2023 was 円1,049.11.

During the past 12 months, Nichia Steel Works's average Book Value per Share Growth Rate was 7.20% per year. During the past 3 years, the average Book Value per Share Growth Rate was 3.80% per year. During the past 5 years, the average Book Value per Share Growth Rate was 2.40% per year. During the past 10 years, the average Book Value per Share Growth Rate was 1.70% 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 Nichia Steel Works was 3.80% per year. The lowest was -0.10% per year. And the median was 1.40% per year.

Competitive Comparison of Nichia Steel Works's 3-Year Book Growth Rate

For the Tools & Accessories subindustry, Nichia Steel Works'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.

Nichia Steel Works's 3-Year Book Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nichia Steel Works's 3-Year Book Growth Rate distribution charts can be found below:

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

Nichia Steel Works 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.

Nichia Steel Works (TSE:5658) 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.

Nichia Steel Works 3-Year Book Growth Rate Related Terms

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

Nichia Steel Works (TSE:5658) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nichia Steel Works Ltd (TSE:5658) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

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Address

6-74 Doui, Hyogo, Amagasaki, JPN, 660-0083

Website

http://www.nichiasteel.co.jp

Nichia Steel Works Ltd is a manufacturer of steel wire products, fasteners and related products. The products are used in various fields such as construction and civil infrastructure. It offers low carbon steel wire products, hard drawn steel wire products, fasteners & special products and other special finished products.

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