Spear REIT (JSE:SEA) 3-Year Book Growth Rate : -2.00% (As of Aug. 2023)

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What is Spear REIT 3-Year Book Growth Rate?

Spear REIT's Book Value per Share for the quarter that ended in Aug. 2023 was R11.63.

During the past 12 months, Spear REIT's average Book Value per Share Growth Rate was 2.30% per year. During the past 3 years, the average Book Value per Share Growth Rate was -2.00% per year. During the past 5 years, the average Book Value per Share Growth Rate was -1.10% 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 7 years, the highest 3-Year average Book Value per Share Growth Rate of Spear REIT was 6.50% per year. The lowest was -2.40% per year. And the median was -1.25% per year.

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

For the REIT - Diversified subindustry, Spear 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.

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

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

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

Spear 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.

Spear REIT (JSE:SEA) 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.

Spear REIT 3-Year Book Growth Rate Related Terms

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Spear REIT (JSE:SEA) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Long Street, PO Box 50, 16th Floor, Cape Town, ZAF, 8001

Website

https://www.spearprop.co.za

Spear REIT Ltd is a real estate investment trust. The company is a diversified property investment company investing in real estate sectors including office, retail, industrial, residential, and hospitality. Its operating business segments are Industrial, Commercial, Retail, Hospitality, Residential, Development, and Non-property. The segments derive their revenue mainly from rental income from leases. The company derives maximum revenue from the Industrial segment.

Spear REIT (JSE:SEA) Headlines

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