During the past 12 months, Global Medical REIT's average Book Value per Share Growth Rate was -7.10% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 1.20% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 1.30% 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 Global Medical REIT was 4.10% per year. The lowest was -3.70% per year. And the median was -0.35% per year.
Competitive Comparison of Global Medical REIT's 3-Year Book Growth Rate
For the REIT - Healthcare Facilities subindustry, Global Medical REIT'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.
Global Medical REIT's 3-Year Book Growth Rate Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Global Medical REIT's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Global Medical REIT's 3-Year Book Growth Rate falls into.
Global Medical REIT 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.
Global Medical REIT (NYSE:GMRE) 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.
Global Medical REIT 3-Year Book Growth Rate Related Terms
Thank you for viewing the detailed overview of Global Medical REIT's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.
Global Medical REIT (Global Medical REIT) Business Description
Global Medical REIT Inc is a Maryland corporation engaged primarily in the acquisition of purpose-built healthcare facilities and the leasing of those facilities to strong healthcare systems and physician groups. Its healthcare facilities are located in secondary markets and suburbs of primary markets and are typically leased to single-tenants under triple-net leases. Its tenants are physician groups, regional or national healthcare systems or combinations thereof. The company's principal business objective is to provide attractive, risk-adjusted returns to its stockholders through a combination of reliable dividends and long-term capital appreciation.
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