Resona Holdings's book value per share for the quarter that ended in Dec. 2023 was 円1,130.21.
During the past 12 months, Resona Holdings's average Book Value Per Share Growth Rate was 11.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.60% 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 book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Resona Holdings was 38.30% per year. The lowest was -41.50% per year. And the median was 5.20% per year.
Resona Holdings's current price is 円1024.00. Its book value per share for the quarter that ended in Dec. 2023 was 円1,130.21. Hence, today's PB Ratio of Resona Holdings is 0.86.
During the past 13 years, the highest P/B Ratio of Resona Holdings was 0.90. The lowest was 0.32. And the median was 0.60.
Warning Sign:
Resona Holdings Inc stock PB Ratio (=0.84) is close to 10-year high of 0.9
Resona Holdings Book Value per Share Historical Data
The historical data trend for Resona Holdings's Book Value per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Resona Holdings's Book Value per Share
For the Banks - Regional subindustry, Resona Holdings's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Resona Holdings's PB Ratio Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Resona Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Resona Holdings's PB Ratio falls into.
Resona Holdings Book Value per Share Calculation
Resona Holdings's Book Value Per Share for the fiscal year that ended in Mar. 2024 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Resona Holdings (TSE:8308) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Resona Holdings Book Value per Share Related Terms
Thank you for viewing the detailed overview of Resona Holdings's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Resona Holdings is one of the top six Japanese banking groups by assets. Although its banking units are categorized in Japan as "city" banks for historical reasons, it is only around a third of the size of the three megabank groups and effectively a super-regional bank operating mainly in the Kansai region (54% of its branches) and the Tokyo metropolitan area (43% of branches), with a strong focus on retail and small and medium-size enterprises, rather than lending to large corporates. Its overseas operations are limited, which allows it to operate in compliance with domestic capital standards alone.
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