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Mizuho Financial Group (BUE:MFG) 3-Year Book Growth Rate : 2.20% (As of Dec. 2023)


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What is Mizuho Financial Group 3-Year Book Growth Rate?

Mizuho Financial Group's Book Value per Share for the quarter that ended in Dec. 2023 was ARS19,510.74.

During the past 12 months, Mizuho Financial Group's average Book Value per Share Growth Rate was 10.10% per year. During the past 3 years, the average Book Value per Share Growth Rate was 2.20% per year. During the past 5 years, the average Book Value per Share Growth Rate was 0.70% per year. During the past 10 years, the average Book Value per Share Growth Rate was 3.70% 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 average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Mizuho Financial Group was 35.10% per year. The lowest was -27.60% per year. And the median was 2.35% per year.


Competitive Comparison of Mizuho Financial Group's 3-Year Book Growth Rate

For the Banks - Regional subindustry, Mizuho Financial 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.


Mizuho Financial Group's 3-Year Book Growth Rate Distribution in the Banks Industry

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

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



Mizuho Financial 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.


Mizuho Financial Group  (BUE:MFG) 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.


Mizuho Financial Group 3-Year Book Growth Rate Related Terms

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Mizuho Financial Group (BUE:MFG) Business Description

Traded in Other Exchanges
Address
1-5-5, Otemachi, Otemachi Tower, Chiyoda-ku, Tokyo, JPN, 100-8176
Mizuho Financial Group is roughly tied with megabank peer Sumitomo Mitsui Financial Group for the status as Japan's second-largest bank after Mitsubishi UFJ Financial Group. As of March 2023, Mizuho's market share of domestic loans was 6.7%, compared with 7.1% for SMFG and 8.1% for MUFG. In Japan, Mizuho has more of a corporate focus than SMFG, which has a larger retail business. Its overseas weighting is slightly smaller than that of MUFG. Unlike its two Japanese megabank peers that own foreign banks outright or hold noncontrolling stakes in local banks overseas, Mizuho expanded in recent years beyond its traditional Japanese borrowers, mainly through its core banking and securities units, focusing on the financing needs of global multinational corporations.