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Teck Resources (TSX:TECK.B) 3-Year Book Growth Rate : 11.40% (As of Dec. 2023)


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What is Teck Resources 3-Year Book Growth Rate?

Teck Resources's Book Value per Share for the quarter that ended in Dec. 2023 was C$52.17.

During the past 12 months, Teck Resources's average Book Value per Share Growth Rate was 5.20% per year. During the past 3 years, the average Book Value per Share Growth Rate was 11.40% per year. During the past 5 years, the average Book Value per Share Growth Rate was 6.40% per year. During the past 10 years, the average Book Value per Share Growth Rate was 5.50% 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 Teck Resources was 32.60% per year. The lowest was -19.60% per year. And the median was 7.60% per year.


Competitive Comparison of Teck Resources's 3-Year Book Growth Rate

For the Other Industrial Metals & Mining subindustry, Teck Resources'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.


Teck Resources's 3-Year Book Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Teck Resources's 3-Year Book Growth Rate distribution charts can be found below:

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



Teck Resources 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.


Teck Resources  (TSX:TECK.B) 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.


Teck Resources 3-Year Book Growth Rate Related Terms

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Teck Resources (TSX:TECK.B) Business Description

Address
550 Burrard Street, Suite 3300, Vancouver, BC, CAN, V6C 0B3
Teck is a diversified miner with coal, copper, and zinc operations in Canada, the United States, Chile, and Peru. Metallurgical coal is Teck's primary commodity in terms of EBITDA contribution, followed by copper and zinc. Teck is the world's second-largest exporter of seaborne metallurgical coal and is a top-three zinc miner. Its major new copper mine in Chile at the majority-owned Quebrada Blanca 2, in partnership with Sumitomo, will drive an increase in Teck's attributable copper production by roughly 80%. Along with a number of additional copper growth options, Teck's strategy is to rebalance its portfolio to low carbon metals such as copper. It sold its oil sands business in early 2023 and has agreed to sell its coal business, with the deal likely closing in the third quarter of 2024.

Teck Resources (TSX:TECK.B) Headlines

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