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Nippon Steel (Nippon Steel) 3-Year Book Growth Rate : 16.50% (As of Dec. 2023)


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What is Nippon Steel 3-Year Book Growth Rate?

Nippon Steel's Book Value per Share for the quarter that ended in Dec. 2023 was $35.38.

During the past 12 months, Nippon Steel's average Book Value per Share Growth Rate was 15.10% per year. During the past 3 years, the average Book Value per Share Growth Rate was 16.50% per year. During the past 5 years, the average Book Value per Share Growth Rate was 4.30% per year. During the past 10 years, the average Book Value per Share Growth Rate was 3.10% 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 Nippon Steel was 28.60% per year. The lowest was -5.50% per year. And the median was 2.90% per year.


Competitive Comparison of Nippon Steel's 3-Year Book Growth Rate

For the Steel subindustry, Nippon Steel'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.


Nippon Steel's 3-Year Book Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Nippon Steel's 3-Year Book Growth Rate distribution charts can be found below:

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



Nippon Steel 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.


Nippon Steel  (OTCPK:NISTF) 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.


Nippon Steel 3-Year Book Growth Rate Related Terms

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Nippon Steel (Nippon Steel) Business Description

Traded in Other Exchanges
Address
6-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8071
Nippon Steel Corporation, or NS, is the largest steel producer in Japan and one of the top five producers globally. NS supplies steel products such as steel sheets, steel plates, pipes, tubes, bars, wire rods, and stainless steels. It is mainly exposed to the auto, construction, and energy sectors. Steelmaking accounts for around 85%-90% of its revenue, while the remainder stems from engineering and construction, chemicals, new materials, and system solutions. Around 35%-40% of its revenue is from exports.