Essent Group (FRA:EG0) 3-Year Book Growth Rate : 11.70% (As of Mar. 2024)

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What is Essent Group 3-Year Book Growth Rate?

Essent Group's Book Value per Share for the quarter that ended in Mar. 2024 was €45.04.

During the past 12 months, Essent Group's average Book Value per Share Growth Rate was 13.40% per year. During the past 3 years, the average Book Value per Share Growth Rate was 11.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was 13.70% per year. During the past 10 years, the average Book Value per Share Growth Rate was 19.90% 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 Essent Group was 31.10% per year. The lowest was 11.00% per year. And the median was 22.15% per year.

Competitive Comparison of Essent Group's 3-Year Book Growth Rate

For the Insurance - Specialty subindustry, Essent Group'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.

Essent Group's 3-Year Book Growth Rate Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Essent Group's 3-Year Book Growth Rate distribution charts can be found below:

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

Essent Group 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.

Essent Group (FRA:EG0) 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.

Essent Group 3-Year Book Growth Rate Related Terms

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Essent Group (FRA:EG0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Essent Group Ltd (FRA:EG0) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

ESNT:USA

Address

2 Church Street, Clarendon House, Hamilton, BMU, HM 11

Website

https://ir.essentgroup.com

Essent Group Ltd is a private mortgage insurance company in the United States. Essent provides credit protection to lenders and mortgage investors by covering a portion of the unpaid principal balance of a mortgage and certain related expenses in the event of a default. By providing capital to mitigate mortgage credit risk, the company allows lenders to make additional mortgage financing available to prospective homeowners. Essent writes mortgage guaranty coverage in all 50 states and the District of Columbia.

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