Insurance Australia Group (ASX:IAG) 3-Year Book Growth Rate : 3.50% (As of Jun. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Insurance Australia Group 3-Year Book Growth Rate?

Insurance Australia Group's Book Value per Share for the quarter that ended in Jun. 2024 was A$2.81.

During the past 12 months, Insurance Australia Group's average Book Value per Share Growth Rate was 3.20% 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 0.50% per year. During the past 10 years, the average Book Value per Share Growth Rate was -0.90% 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 Insurance Australia Group was 13.80% per year. The lowest was -6.00% per year. And the median was 0.60% per year.

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

For the Insurance - Property & Casualty subindustry, Insurance Australia 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.

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

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

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

Insurance Australia 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.

Insurance Australia Group (ASX:IAG) 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.

Insurance Australia Group 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Insurance Australia Group's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Insurance Australia Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Insurance Australia Group Ltd (ASX:IAG) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

IAUGY:USA IAUGF:USA NRM:Germany

Address

Darling Park, 201 Sussex Street, Level 13, Tower Two, Sydney, NSW, AUS, 2000

Website

https://www.iag.com.au

Insurance Australia Group is the biggest domestic general insurer by gross written premium operating in Australia and New Zealand. The key general insurance markets in which the company operates are home and contents, motor vehicle and compulsory third party, and short-tail commercial. Insurance Australia Group sells insurance under several brands, including NRMA, CGU, SGIO, SGIC, WFI, and Swann in Australia and NZI, State, AMI, and Lumley in New Zealand.