Calculates the year on year growth rate over a period of several years.
It gives a smoothed figure which may hide volatile movements in the annual results.
The formula for calculating CAGR isĀ (Current Value/Base Value)^(1/# of years) – 1.
Calculates the year on year growth rate over a period of several years.
It gives a smoothed figure which may hide volatile movements in the annual results.
The formula for calculating CAGR isĀ (Current Value/Base Value)^(1/# of years) – 1.