Sun Communities (FRA:SCZ) 3-Year Book Growth Rate : 3.50% (As of Mar. 2024)

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What is Sun Communities 3-Year Book Growth Rate?

Sun Communities's Book Value per Share for the quarter that ended in Mar. 2024 was €51.22.

During the past 12 months, Sun Communities's average Book Value per Share Growth Rate was -9.90% per year. During the past 3 years, the average Book Value per Share Growth Rate was 3.50% per year. During the past 5 years, the average Book Value per Share Growth Rate was 11.10% per year. During the past 10 years, the average Book Value per Share Growth Rate was 17.00% 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 Sun Communities was 56.80% per year. The lowest was -53.70% per year. And the median was 2.90% per year.

Competitive Comparison of Sun Communities's 3-Year Book Growth Rate

For the REIT - Residential subindustry, Sun Communities'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.

Sun Communities's 3-Year Book Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sun Communities's 3-Year Book Growth Rate distribution charts can be found below:

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

Sun Communities 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.

Sun Communities (FRA:SCZ) 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.

Sun Communities 3-Year Book Growth Rate Related Terms

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Sun Communities (FRA:SCZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sun Communities Inc (FRA:SCZ) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

SUI:USA S2UI34:Brazil

Address

27777 Franklin Road, Suite 200, Southfield, MI, USA, 48034

Website

https://www.suncommunities.com

Sun Communities is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently owns a portfolio of 670 properties, which includes 353 manufactured housing communities, 182 residential vehicle communities, and 135 marina properties. Sun targets owning properties that are desirable as second homes or vacation properties with nearly 50% of the portfolio located in either Florida or Michigan near major bodies of water.