IRESS (IRSMF) 3-Year Book Growth Rate : -22.10% (As of Dec. 2023)

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What is IRESS 3-Year Book Growth Rate?

IRESS's Book Value per Share for the quarter that ended in Dec. 2023 was $1.03.

During the past 12 months, IRESS's average Book Value per Share Growth Rate was -38.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was -22.10% per year. During the past 5 years, the average Book Value per Share Growth Rate was -7.90% per year. During the past 10 years, the average Book Value per Share Growth Rate was 0.10% 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 13 years, the highest 3-Year average Book Value per Share Growth Rate of IRESS was 78.40% per year. The lowest was -22.10% per year. And the median was 8.55% per year.

Competitive Comparison of IRESS's 3-Year Book Growth Rate

For the Software - Application subindustry, IRESS'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.

IRESS's 3-Year Book Growth Rate Distribution in the Software Industry

For the Software industry and Technology sector, IRESS's 3-Year Book Growth Rate distribution charts can be found below:

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

IRESS 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.

IRESS (OTCPK:IRSMF) 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.

IRESS 3-Year Book Growth Rate Related Terms

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IRESS (IRSMF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IRESS Ltd (OTCPK:IRSMF) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

IRE:Australia

Address

385 Bourke Street, Level 16, Melbourne, VIC, AUS, 3000

Website

https://www.iress.com

Iress develops software for the financial-services industry, operating in multiple regions and servicing clients ranging from small retail to large institutional businesses. Its core business unit, mainly in Australia, generates most of the company's earnings and free cash flows. Iress expanded into noncore markets through acquisitions, ultimately eroding returns and margins, with free cash flows from the core business invested in the noncore businesses. Its recent strategy includes reprioritizing growth in the core APAC business and divesting/monetizing noncore businesses. We view this renewed focus on its core business as a positive, as it will help maintain Iress' economic moat.