Mercantile Investment Trust (The) (LSE:MRC) 3-Year Book Growth Rate : -1.70% (As of Jan. 2024)

View and export this data going back to 1952. Start your Free Trial

What is Mercantile Investment Trust (The) 3-Year Book Growth Rate?

Mercantile Investment Trust (The)'s Book Value per Share for the quarter that ended in Jan. 2024 was £2.39.

During the past 12 months, Mercantile Investment Trust (The)'s average Book Value per Share Growth Rate was 1.10% per year. During the past 3 years, the average Book Value per Share Growth Rate was -1.70% per year. During the past 10 years, the average Book Value per Share Growth Rate was 4.20% 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 Mercantile Investment Trust (The) was 25.60% per year. The lowest was -14.50% per year. And the median was 9.35% per year.

Competitive Comparison of Mercantile Investment Trust (The)'s 3-Year Book Growth Rate

For the Asset Management subindustry, Mercantile Investment Trust (The)'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.

Mercantile Investment Trust (The)'s 3-Year Book Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mercantile Investment Trust (The)'s 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Mercantile Investment Trust (The)'s 3-Year Book Growth Rate falls into.

Mercantile Investment Trust (The) 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.

Mercantile Investment Trust (The) (LSE:MRC) 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.

Mercantile Investment Trust (The) 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Mercantile Investment Trust (The)'s 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Mercantile Investment Trust (The) (LSE:MRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mercantile Investment Trust (The) PLC (LSE:MRC) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

MRCl:UK

Address

60 Victoria Embankment, London, GBR, EC4Y 0JP

Website

https://www.mercantileit.co.uk

Mercantile Investment Trust (The) PLC is an investment trust managed by JP Morgan Funds Limited. It aims to achieve capital growth through investing in a diversified portfolio of UK medium and smaller companies. The trust's investment portfolio consists of various sectors such as Consumer Services, Financials, Industrial, Technology, Health Care, Basic Materials, Telecommunications, Utilities, Consumer Goods, Real Estate, and Oil & Gas.