During the past 12 months, Thermo Fisher Scientific's average Book Value per Share Growth Rate was 7.30% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 11.60% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 12.90% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 10.50% 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 Thermo Fisher Scientific was 32.30% per year. The lowest was -8.70% per year. And the median was 11.60% per year.
Competitive Comparison of Thermo Fisher Scientific's 3-Year Book Growth Rate
For the Diagnostics & Research subindustry, Thermo Fisher Scientific'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.
Thermo Fisher Scientific's 3-Year Book Growth Rate Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Thermo Fisher Scientific's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Thermo Fisher Scientific's 3-Year Book Growth Rate falls into.
Thermo Fisher Scientific 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.
Thermo Fisher Scientific (NYSE:TMO) 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.
Thermo Fisher Scientific 3-Year Book Growth Rate Related Terms
Thank you for viewing the detailed overview of Thermo Fisher Scientific's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.
Thermo Fisher Scientific (Thermo Fisher Scientific) Business Description
Thermo Fisher Scientific sells scientific instruments and laboratory equipment, diagnostics consumables, and life science reagents. The firm operates through four segments as of mid-2023 (revenue figures include some cross-segment revenue): analytical technologies (16% of sales); specialty diagnostic products (10%); life science solutions (24%); and lab products and services, which includes CRO services (54%).
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