Nordic American Tankers (Nordic American Tankers) 3-Year Book Growth Rate : -13.30% (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Nordic American Tankers 3-Year Book Growth Rate?

Nordic American Tankers's Book Value per Share for the quarter that ended in Dec. 2023 was $2.58.

During the past 12 months, Nordic American Tankers's average Book Value per Share Growth Rate was -0.30% per year. During the past 3 years, the average Book Value per Share Growth Rate was -13.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was -11.30% per year. During the past 10 years, the average Book Value per Share Growth Rate was -15.40% 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 Nordic American Tankers was 27.80% per year. The lowest was -24.60% per year. And the median was -7.40% per year.

Competitive Comparison of Nordic American Tankers's 3-Year Book Growth Rate

For the Marine Shipping subindustry, Nordic American Tankers'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.

Nordic American Tankers's 3-Year Book Growth Rate Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Nordic American Tankers's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Nordic American Tankers's 3-Year Book Growth Rate falls into.

Nordic American Tankers 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.

Nordic American Tankers (NYSE:NAT) 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.

Nordic American Tankers 3-Year Book Growth Rate Related Terms

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

Nordic American Tankers (Nordic American Tankers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Nordic American Tankers Ltd (NYSE:NAT) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

B30:Germany B3O:Germany

Address

26 Victoria Street, Swan Building, Hamilton, BMU, HM 12

Website

https://www.nat.bm

Nordic American Tankers Ltd owns and operates double hull crude oil tankers. It is an international tanker company that owns double-hull Suezmax tankers. It operates vessels in the spot market or on spot market-related charters pursuant to cooperative arrangements with third parties. The company's fleet consists of crude oil tankers, and all of its vessels are employed in the spot market. The company has only one type of vessel - Suezmax crude oil tankers. It operates in markets that are very competitive and based mainly on supply and demand.