Okea ASA (OSL:OKEA) 3-Year Book Growth Rate : -12.90% (As of Mar. 2024)

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What is Okea ASA 3-Year Book Growth Rate?

Okea ASA's Book Value per Share for the quarter that ended in Mar. 2024 was kr6.51.

During the past 12 months, Okea ASA's average Book Value per Share Growth Rate was -69.30% per year. During the past 3 years, the average Book Value per Share Growth Rate was -12.90% per year. During the past 5 years, the average Book Value per Share Growth Rate was -9.90% 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 9 years, the highest 3-Year average Book Value per Share Growth Rate of Okea ASA was 210.60% per year. The lowest was -12.90% per year. And the median was 2.15% per year.

Competitive Comparison of Okea ASA's 3-Year Book Growth Rate

For the Oil & Gas E&P subindustry, Okea ASA'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.

Okea ASA's 3-Year Book Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Okea ASA's 3-Year Book Growth Rate distribution charts can be found below:

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

Okea ASA 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.

Okea ASA (OSL:OKEA) 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.

Okea ASA 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Okea ASA's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Okea ASA (OSL:OKEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Okea ASA (OSL:OKEA) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

OKEA:Sweden OKEAo:UK 3SX:Germany

Address

Kongens Gate 8, Trondheim, NOR, 7011

Website

https://www.okea.no

Okea ASA is an independent oil producer. The company's only reportable segment is the development and production of oil and gas on the Norwegian Continental Shelf. Its operation includes Draugen Field, Gjoa Field, Ivar Aasen, Grevling and Yme.

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