Derrick
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Compound Annual Growth Rate
The year over year growth rate applied to an investment or other part of a company's activities over a multiple-year period. The formula for calculating CAGR is (Current Value/Base Value)^(1/# of years) - 1.
Source: http://www.investorwords.com/666/CAGR.html
The year over year growth rate applied to an investment or other part of a company's activities over a multiple-year period. The formula for calculating CAGR is (Current Value/Base Value)^(1/# of years) - 1.
Source: http://www.investorwords.com/666/CAGR.html