PennantPark Floating Rate Capital (XTAE:PFLT) 3-Year Book Growth Rate : -3.30% (As of Jun. 2024)

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What is PennantPark Floating Rate Capital 3-Year Book Growth Rate?

PennantPark Floating Rate Capital's Book Value per Share for the quarter that ended in Jun. 2024 was ₪42.61.

During the past 12 months, PennantPark Floating Rate Capital's average Book Value per Share Growth Rate was 3.60% per year. During the past 3 years, the average Book Value per Share Growth Rate was -3.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was -3.90% per year. During the past 10 years, the average Book Value per Share Growth Rate was -2.40% 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 PennantPark Floating Rate Capital was 2.30% per year. The lowest was -4.40% per year. And the median was -1.65% per year.

Competitive Comparison of PennantPark Floating Rate Capital's 3-Year Book Growth Rate

For the Asset Management subindustry, PennantPark Floating Rate Capital'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.

PennantPark Floating Rate Capital's 3-Year Book Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PennantPark Floating Rate Capital's 3-Year Book Growth Rate distribution charts can be found below:

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

PennantPark Floating Rate Capital 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.

PennantPark Floating Rate Capital (XTAE:PFLT) 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.

PennantPark Floating Rate Capital 3-Year Book Growth Rate Related Terms

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PennantPark Floating Rate Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PennantPark Floating Rate Capital Ltd (XTAE:PFLT) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

PFLT:USA 0KH0:UK 22P:Germany

Address

1691 Michigan Avenue, Miami, FL, USA, 33139

Website

https://www.pennantpark.com

PennantPark Floating Rate Capital Ltd is a closed-end, externally managed, non-diversified investment company. Its investment objectives are to generate current income and capital appreciation by investing in Floating Rate Loans and other investments made to U.S. middle-market companies. The company believes that Floating Rate Loans to U.S. middle-market companies offer attractive risk-reward to investors due to the limited amount of capital available for such companies and the potential for rising interest rates. The company generate revenue in the form of interest income on the debt securities and dividends.