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Sumitomo Mitsui Financial Group Book Value per Share

: $14.89 (As of Mar. 2022)
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Sumitomo Mitsui Financial Group's book value per share for the quarter that ended in Mar. 2022 was $14.89.

During the past 12 months, Sumitomo Mitsui Financial Group's average Book Value Per Share Growth Rate was 2.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.70% 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 Sumitomo Mitsui Financial Group was 20.20% per year. The lowest was -15.50% per year. And the median was 5.05% per year.

Sumitomo Mitsui Financial Group's current price is $6.05. Its book value per share for the quarter that ended in Mar. 2022 was $14.89. Hence, today's PB Ratio of Sumitomo Mitsui Financial Group is 0.41.

During the past 13 years, the highest P/B Ratio of Sumitomo Mitsui Financial Group was 1.02. The lowest was 0.33. And the median was 0.60.

Good Sign:

Sumitomo Mitsui Financial Group Inc stock PB Ratio (=0.44) is close to 1-year low of 0.4


Sumitomo Mitsui Financial Group Book Value per Share Historical Data

The historical data trend for Sumitomo Mitsui Financial Group'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.

* Premium members only.

Sumitomo Mitsui Financial Group Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Book Value per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.90 13.89 14.54 15.88 14.89

Sumitomo Mitsui Financial Group Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Book Value per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.88 15.84 16.92 15.68 14.89

Competitive Comparison

For the Banks - Diversified subindustry, Sumitomo Mitsui Financial Group's Book Value per Share, along with its competitors' market caps and Book Value per Share 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.

   

Sumitomo Mitsui Financial Group Book Value per Share Distribution

For the Banks industry and Financial Services sector, Sumitomo Mitsui Financial Group's Book Value per Share distribution charts can be found below:

* The bar in red indicates where Sumitomo Mitsui Financial Group's Book Value per Share falls into.



Sumitomo Mitsui Financial Group Book Value per Share Calculation

Sumitomo Mitsui Financial Group's Book Value Per Share for the fiscal year that ended in Mar. 2022 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(102,040-0)/6,854
=14.89

Sumitomo Mitsui Financial Group's Book Value Per Share for the quarter that ended in Mar. 2022 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(102,040-0)/6,854
=14.89

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Sumitomo Mitsui Financial Group  (NYSE:SMFG) 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.


Sumitomo Mitsui Financial Group Book Value per Share Related Terms

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Sumitomo Mitsui Financial Group Business Description

Sumitomo Mitsui Financial Group logo
Industry
Financial Services » Banks NAICS : 522110 SIC : 6029
Address
1-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-0005
Sumitomo Mitsui Financial Group is roughly tied with Mizuho Financial Group for the status of Japan's second- largest bank after Mitsubishi UFJ Financial Group. As of March 2021, its market share of domestic loans was 7.0%, compared with 8.5% for MUFG. It has a larger consumer finance business than the other two megabanks, owning 100% of the Promise business and SMBC Card. It also controls one of Japan's largest leasing companies and SMBC Aviation Capital, one of the top five aircraft lessors globally. In securities, its SMBC Nikko unit is Japan's third- largest retail broker, although SMFG has lagged somewhat in institutional securities business and asset management, areas that it is working on strengthening.

Sumitomo Mitsui Financial Group Headlines

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