Heriot REIT (JSE:HET) 3-Year Book Growth Rate : 11.80% (As of Dec. 2023)

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What is Heriot REIT 3-Year Book Growth Rate?

Heriot REIT's Book Value per Share for the quarter that ended in Dec. 2023 was R15.98.

During the past 12 months, Heriot REIT's average Book Value per Share Growth Rate was 20.20% per year. During the past 3 years, the average Book Value per Share Growth Rate was 11.80% per year. During the past 5 years, the average Book Value per Share Growth Rate was 5.30% 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 6 years, the highest 3-Year average Book Value per Share Growth Rate of Heriot REIT was 11.80% per year. The lowest was -0.50% per year. And the median was 3.50% per year.

Competitive Comparison of Heriot REIT's 3-Year Book Growth Rate

For the REIT - Diversified subindustry, Heriot 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.

Heriot REIT's 3-Year Book Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Heriot REIT's 3-Year Book Growth Rate distribution charts can be found below:

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

Heriot 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.

Heriot REIT (JSE:HET) 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.

Heriot REIT 3-Year Book Growth Rate Related Terms

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Heriot REIT (JSE:HET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Heriot REIT Ltd (JSE:HET) » Definitions » 3-Year Book Growth Rate

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Traded in Other Exchanges

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Address

3 Melrose Boulevard, Suite 1, Ground Floor, Melrose Arch, Johannesburg, GT, ZAF, 2196

Website

http://www.heriotreit.com

Heriot REIT Ltd is a South African real estate investment trust. The company owns a portfolio of retail, industrial, office, specialized, residential properties, and others. While the majority of the revenue is earned from Industrial properties. The primary objective of the company is to develop or acquire yield-enhancing assets within Southern Africa to create a stable and diverse portfolio for the purposes of generating capital growth and securing escalating net rental income streams.

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