Kearny Financial's book value per share for the quarter that ended in Mar. 2024 was $13.18.
During the past 12 months, Kearny Financial's average Book Value Per Share Growth Rate was 1.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.10% 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 Kearny Financial was 34.90% per year. The lowest was -1.30% per year. And the median was 1.50% per year.
Kearny Financial's current price is $5.65. Its book value per share for the quarter that ended in Mar. 2024 was $13.18. Hence, today's PB Ratio of Kearny Financial is 0.43.
During the past 13 years, the highest P/B Ratio of Kearny Financial was 2.17. The lowest was 0.43. And the median was 1.03.
Good Sign:
Kearny Financial Corp stock PB Ratio (=0.43) is close to 10-year low of 0.43
Kearny Financial Book Value per Share Historical Data
The historical data trend for Kearny Financial'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 Kearny Financial's Book Value per Share
For the Banks - Regional subindustry, Kearny Financial'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.
Kearny Financial's PB Ratio Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Kearny Financial's PB Ratio distribution charts can be found below:
* The bar in red indicates where Kearny Financial's PB Ratio falls into.
Kearny Financial Book Value per Share Calculation
Kearny Financial's Book Value Per Share for the fiscal year that ended in Jun. 2023 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.
Kearny Financial (NAS:KRNY) 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.
Kearny Financial Book Value per Share Related Terms
Thank you for viewing the detailed overview of Kearny Financial's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Kearny Financial (Kearny Financial) Business Description
Kearny Financial Corp is a federally-chartered stock savings bank. The bank is engaged in the business of attracting deposits from the general public in New Jersey and New York, and using these deposits, together with other funds, to originate or purchase loans for its portfolios and invest in securities. The bank's loan portfolio is chiefly comprised of loans collateralized by commercial and residential real estate. It is also heavily into secured and unsecured business and consumer loans. The bank's primary source of income is net interest income.
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