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Vicinity CentresASX:VCX -0.37%76 3-Year Book Growth Rate is 0.70% as of Dec. 2025, which is 70% below its 10-year median of 2.30. GuruFocus rates ASX:VCX with a GF Score™ of 76/100 and a GF Value™ of A$2.21 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 837 REITs companies, Vicinity Centres ranks better than 64.76% on this metric.
During the past 12 months, Vicinity Centres's average Book Value per Share Growth Rate was 7.00% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 0.70% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 1.20% per year.
During the past 10 years, the average Book Value per Share Growth Rate was -2.40% 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 Vicinity Centres was 5.70% per year. The lowest was -11.50% per year. And the median was 2.30% per year.
Vicinity Centres (ASX:VCX) 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.
Vicinity Centres 3-Year Book Growth Rate Related Terms
ASX:VCX vs SPG, O, KIM: 3-Year Book Growth Rate Comparison
For the REIT - Retail subindustry, Vicinity Centres'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.
Vicinity Centres 3-Year Book Growth Rate vs REITs Industry
For the REITs industry and Real Estate sector, Vicinity Centres's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Vicinity Centres's 3-Year Book Growth Rate falls into.
Vicinity Centres 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.
What does a 3-Year Book Growth Rate of 0.70% mean?
Vicinity Centres (ASX:VCX) has a 3-Year Book Growth Rate of 0.70% as of Dec. 2025. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Vicinity Centres and its competitors. This is 70% below median its historical median of 2.30. According to the industry distribution chart, Vicinity Centres ranks #295 out of 837 companies in the REITs industry, placing it in the top 35.2%.
Is Vicinity Centres' 3-Year Book Growth Rate too high?
Vicinity Centres' current 3-Year Book Growth Rate of 0.70% is 70% below median its 10-year median of 2.30. Based on the distribution chart, Vicinity Centres ranks #295 out of 837 companies in the REITs industry, which is above the industry midpoint. Overall, Vicinity Centres has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vicinity Centres' 3-Year Book Growth Rate compare to SPG and O?
According to the REITs industry distribution chart, Vicinity Centres ranks #295 out of 837 companies for 3-Year Book Growth Rate. This puts Vicinity Centres in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for a REITs company?
A good 3-Year Book Growth Rate depends on the REITs industry context. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Vicinity Centres and its competitors. Vicinity Centres's current 3-Year Book Growth Rate is 0.70%, which is 70% below median its own 10-year median of 2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vicinity Centres stock overvalued right now?
Based on GuruFocus' analysis, Vicinity Centres (ASX:VCX) is currently considered Modestly Overvalued. The stock's GF Value™ is A$2.21, compared to a current price of A$2.70 — trading 22.2% above its estimated fair value. The current 3-Year Book Growth Rate is 0.70%, which is 70% below median its 10-year median of 2.30. Vicinity Centres' overall GF Score™ is 76/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Vicinity Centres (ASX:VCX), the current 3-Year Book Growth Rate is 0.70% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Vicinity Centres (ASX:VCX) Overvalued in 2026?
Based on GuruFocus' analysis, Vicinity Centres stock appears to be overvalued.
The current stock price of A$2.70 is trading 22.2% above its estimated GF Value™ of A$2.21.
GuruFocus considers Vicinity Centres to be Modestly Overvalued.
Key valuation signals for ASX:VCX:
3-Year Book Growth Rate: 0.70% (70% below median its 10-year median of 2.30)
GF Value™: A$2.21 vs. price of A$2.70 (22.2% above fair value)
No single metric tells the full story. See the ASX:VCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vicinity Centres operates about 50 shopping malls in Australia. They include several iconic city centers, like Queen Victoria Building, The Strand Arcade and The Galeries in Sydney, which are frequented by tourists and office workers nearby. Melbourne's Chadstone, Vicinity's crown jewel, is Australia's largest and highest turnover shopping mall. Smaller regional and neighborhood centers, to which Vicinity is consciously trimming exposure, account for around 15% of the portfolio. Vast majority of Vicinity's income is derived from rents. The group also earns small management fees for managing properties and development projects on behalf of capital partners.
76GF Score
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