Time Finance (LSE:TIME) 3-Year Book Growth Rate : 2.40% (As of Nov. 2023)

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What is Time Finance 3-Year Book Growth Rate?

Time Finance's Book Value per Share for the quarter that ended in Nov. 2023 was £0.69.

During the past 12 months, Time Finance's average Book Value per Share Growth Rate was 7.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was 2.40% per year. During the past 5 years, the average Book Value per Share Growth Rate was 2.90% per year. During the past 10 years, the average Book Value per Share Growth Rate was 12.20% 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 Time Finance was 32.20% per year. The lowest was -43.10% per year. And the median was 7.50% per year.

Competitive Comparison of Time Finance's 3-Year Book Growth Rate

For the Credit Services subindustry, Time Finance'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.

Time Finance's 3-Year Book Growth Rate Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Time Finance's 3-Year Book Growth Rate distribution charts can be found below:

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

Time Finance 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.

Time Finance (LSE:TIME) 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.

Time Finance 3-Year Book Growth Rate Related Terms

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Time Finance (LSE:TIME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Time Finance PLC (LSE:TIME) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Square, Lower Bristol Road, St James House, Bath, GBR, BA2 3BH

Website

https://www.timefinance.com

Time Finance PLC is a part of the financial services domain in the United Kingdom. The company's principal business involves the provision of financial services to SMEs (small and medium sized enterprises) in the United Kingdom. The company operates in Asset Finance, Vehicle Finance, Loan Finance, and Invoice Finance. It generates most of the revenue from the Asset Finance division.

Time Finance (LSE:TIME) Headlines

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