Ashirwad Steels & Industries (BOM:526847) 3-Year Book Growth Rate : 12.70% (As of Mar. 2024)

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What is Ashirwad Steels & Industries 3-Year Book Growth Rate?

Ashirwad Steels & Industries's Book Value per Share for the quarter that ended in Mar. 2024 was ₹64.68.

During the past 12 months, Ashirwad Steels & Industries's average Book Value per Share Growth Rate was 3.10% per year. During the past 3 years, the average Book Value per Share Growth Rate was 12.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was 7.50% per year. During the past 10 years, the average Book Value per Share Growth Rate was 4.50% 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 Ashirwad Steels & Industries was 12.70% per year. The lowest was -1.50% per year. And the median was 1.20% per year.

Competitive Comparison of Ashirwad Steels & Industries's 3-Year Book Growth Rate

For the Steel subindustry, Ashirwad Steels & Industries'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.

Ashirwad Steels & Industries's 3-Year Book Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ashirwad Steels & Industries's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Ashirwad Steels & Industries's 3-Year Book Growth Rate falls into.

Ashirwad Steels & Industries 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.

Ashirwad Steels & Industries (BOM:526847) 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.

Ashirwad Steels & Industries 3-Year Book Growth Rate Related Terms

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

Ashirwad Steels & Industries (BOM:526847) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ashirwad Steels & Industries Ltd (BOM:526847) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

6, Waterloo Street, 5th Floor, Suite No. 506, Kolkata, WB, IND, 700069

Website

https://www.ashirwadsteels.com

Ashirwad Steels & Industries Ltd is an Indian based company that operates in the sponge iron business. It is involved in the manufacturing of sponge iron using iron-ore and coal as the raw materials. The sponge iron is used as input by the steel melting shops to produce ingots and billets which are thereafter re-rolled by the rolling mills to produce end steel products like Rods, Bars, Plain Rounds, Angles, Flats, Channels, Girders and others. Geographically, the business activity is carried out through the region of India and derives revenue through the sale of products.

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