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Reconnaissance Energy Africa (TSXV:RECO) 3-Year Book Growth Rate : 131.30% (As of Dec. 2023)


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What is Reconnaissance Energy Africa 3-Year Book Growth Rate?

Reconnaissance Energy Africa's Book Value per Share for the quarter that ended in Dec. 2023 was C$0.65.

During the past 12 months, Reconnaissance Energy Africa's average Book Value per Share Growth Rate was 11.10% per year. During the past 3 years, the average Book Value per Share Growth Rate was 131.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was 37.40% 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 Reconnaissance Energy Africa was 131.30% per year. The lowest was -55.30% per year. And the median was -18.30% per year.


Competitive Comparison of Reconnaissance Energy Africa's 3-Year Book Growth Rate

For the Oil & Gas E&P subindustry, Reconnaissance Energy Africa'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.


Reconnaissance Energy Africa's 3-Year Book Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Reconnaissance Energy Africa's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Reconnaissance Energy Africa's 3-Year Book Growth Rate falls into.



Reconnaissance Energy Africa 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.


Reconnaissance Energy Africa  (TSXV:RECO) 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.


Reconnaissance Energy Africa 3-Year Book Growth Rate Related Terms

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


Reconnaissance Energy Africa (TSXV:RECO) Business Description

Traded in Other Exchanges
Address
Bentall, PO Box 48326, Vancouver, BC, CAN, V7X 1A1
Reconnaissance Energy Africa Ltd is a junior oil and gas company engaged in the exploration and development of oil and gas in Namibia and Botswana. It holds a substantial interest in a petroleum exploration license in northeast Namibia which covers the entire Kavango sedimentary basin. The Company's operating segments are: the exploration and evaluation of its African assets; the oil and gas operations in Mexico; and the corporate segment. The Mexico segment derives its revenues solely from the production and sale of oil and natural gas from one customer.
Executives
Grayson Martin Andersen Senior Officer

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