Genco Shipping & Trading (Genco Shipping & Trading) 3-Year Book Growth Rate : 6.40% (As of Dec. 2023)

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What is Genco Shipping & Trading 3-Year Book Growth Rate?

Genco Shipping & Trading's Book Value per Share for the quarter that ended in Dec. 2023 was $12.53.

During the past 12 months, Genco Shipping & Trading's average Book Value per Share Growth Rate was -6.10% per year. During the past 3 years, the average Book Value per Share Growth Rate was 6.40% per year. During the past 5 years, the average Book Value per Share Growth Rate was -2.00% per year. During the past 10 years, the average Book Value per Share Growth Rate was -23.60% 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 Genco Shipping & Trading was 57.90% per year. The lowest was -45.00% per year. And the median was -4.70% per year.

Competitive Comparison of Genco Shipping & Trading's 3-Year Book Growth Rate

For the Marine Shipping subindustry, Genco Shipping & Trading'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.

Genco Shipping & Trading's 3-Year Book Growth Rate Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Genco Shipping & Trading's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Genco Shipping & Trading's 3-Year Book Growth Rate falls into.

Genco Shipping & Trading 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.

Genco Shipping & Trading (OTCPK:GNKOQ) 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.

Genco Shipping & Trading 3-Year Book Growth Rate Related Terms

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Genco Shipping & Trading (Genco Shipping & Trading) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Genco Shipping & Trading Ltd (OTCPK:GNKOQ) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

GNK:USA GNU1:Germany GNU1:Germany

Address

299 Park Avenue, 12th Floor, New York, NY, USA, 10171

Website

https://www.gencoshipping.com

Genco Shipping & Trading Ltd is an international shipping company specializing in the transportation of iron ore, coal, grain, steel products and other drybulk cargoes. It is involved in the ocean transportation of drybulk cargoes. The company operates in one segment, the ocean transportation of drybulk cargoes through the ownership and operation of drybulk carrier vessels. It generates revenue through time charter agreements, spot market voyage charters, pool agreements and spot market-related time charters.