Tricon Residential (TSX:TCN) 3-Year Book Growth Rate : 18.20% (As of Dec. 2023)

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What is Tricon Residential 3-Year Book Growth Rate?

Tricon Residential's Book Value per Share for the quarter that ended in Dec. 2023 was C$19.01.

During the past 12 months, Tricon Residential's average Book Value per Share Growth Rate was 0.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was 18.20% per year. During the past 5 years, the average Book Value per Share Growth Rate was 13.60% per year. During the past 10 years, the average Book Value per Share Growth Rate was 13.20% 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 13 years, the highest 3-Year average Book Value per Share Growth Rate of Tricon Residential was 201.40% per year. The lowest was 8.90% per year. And the median was 18.55% per year.

Competitive Comparison of Tricon Residential's 3-Year Book Growth Rate

For the Real Estate Services subindustry, Tricon Residential'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.

Tricon Residential's 3-Year Book Growth Rate Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tricon Residential's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Tricon Residential's 3-Year Book Growth Rate falls into.

Tricon Residential 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.

Tricon Residential (TSX:TCN) 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.

Tricon Residential 3-Year Book Growth Rate Related Terms

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Tricon Residential (TSX:TCN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tricon Residential Inc (TSX:TCN) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

TCN:USA 331:Germany

Address

7 St. Thomas Street, Suite 801, Toronto, ON, CAN, M5S 2B7

Website

https://www.triconresidential.com

Tricon Residential Inc is a rental housing company catering to the middle-market demographic throughout the United States and Canada. The company owns and manages approximately 36,000 single-family rental homes and multi-family rental units through an integrated, technology-enabled operating platform.

Executives

Ira Gluskin

Director