NIB Holdings (ASX:NHF) 3-Year Book Growth Rate : 15.10% (As of Dec. 2023)

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What is NIB Holdings 3-Year Book Growth Rate?

NIB Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was A$2.12.

During the past 12 months, NIB Holdings's average Book Value per Share Growth Rate was 9.80% per year. During the past 3 years, the average Book Value per Share Growth Rate was 15.10% per year. During the past 5 years, the average Book Value per Share Growth Rate was 9.20% per year. During the past 10 years, the average Book Value per Share Growth Rate was 10.50% 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 NIB Holdings was 16.30% per year. The lowest was -2.70% per year. And the median was 6.00% per year.

Competitive Comparison of NIB Holdings's 3-Year Book Growth Rate

For the Insurance - Specialty subindustry, NIB Holdings'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.

NIB Holdings's 3-Year Book Growth Rate Distribution in the Insurance Industry

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

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

NIB Holdings 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.

NIB Holdings (ASX:NHF) 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.

NIB Holdings 3-Year Book Growth Rate Related Terms

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NIB Holdings (ASX:NHF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NIB Holdings Ltd (ASX:NHF) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

3GU:Germany

Address

22 Honeysuckle Drive, Newcastle, NSW, AUS, 2300

Website

https://www.nib.com.au

NIB Holdings is Australia's fourth-largest health fund. It is a national provider of private health insurance, life insurance, travel insurance, and related healthcare services, with a growing presence in New Zealand. Approximately 55% of the population is covered by private health insurance because of taxation benefits, shorter wait times, a choice of doctor and hospital, and cover of ancillary health services.

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