Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
EPAM SystemsEPAM -0.57%75 3-Year Book Growth Rate is 9.20% as of Jun. 2026, which is 61% below its 10-year median of 23.80. GuruFocus rates EPAM with a GF Score™ of 75/100 and a GF Value™ of $241.85 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,499 Software companies, EPAM Systems ranks better than 60.58% on this metric.
During the past 12 months, EPAM Systems's average Book Value per Share Growth Rate was 3.60% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 9.20% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 13.80% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 19.80% 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 EPAM Systems was 152.10% per year. The lowest was 9.20% per year. And the median was 23.80% per year.
EPAM Systems (NYSE:EPAM) 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.
EPAM Systems 3-Year Book Growth Rate Related Terms
EPAM vs SAIC, EXLS, G: 3-Year Book Growth Rate Comparison
For the Information Technology Services subindustry, EPAM Systems'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.
EPAM Systems 3-Year Book Growth Rate vs Software Industry
For the Software industry and Technology sector, EPAM Systems's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where EPAM Systems's 3-Year Book Growth Rate falls into.
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 9.20% mean?
EPAM Systems (EPAM) has a 3-Year Book Growth Rate of 9.20% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for EPAM Systems and its competitors. This is 61% below median its historical median of 23.80. Over the past decade, EPAM Systems' 3-Year Book Growth Rate has ranged from 9.20 to 152.10. According to the industry distribution chart, EPAM Systems ranks #985 out of 2499 companies in the Software industry, placing it in the top 39.4%.
Is EPAM Systems' 3-Year Book Growth Rate too high?
EPAM Systems' current 3-Year Book Growth Rate of 9.20% is 61% below median its 10-year median of 23.80. Over the past 10 years, this metric has ranged from a low of 9.20 to a high of 152.10. The Software industry median 3-Year Book Growth Rate is 5.40. EPAM Systems' value of 9.20% is 70.4% above this industry median. Based on the distribution chart, EPAM Systems ranks #985 out of 2499 companies in the Software industry, which is above the industry midpoint. Overall, EPAM Systems has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EPAM Systems' 3-Year Book Growth Rate compare to SAIC and EXLS?
According to the Software industry distribution chart, EPAM Systems ranks #985 out of 2499 companies for 3-Year Book Growth Rate. This puts EPAM Systems in the upper half of its industry. The industry median 3-Year Book Growth Rate is 5.40. EPAM Systems' value of 9.20% is 70.4% above this benchmark. Historically, EPAM Systems' own 3-Year Book Growth Rate has ranged from 9.20 to 152.10 over the past decade. While the company's 10-year median is 23.80 vs. the industry median of 5.40, EPAM Systems has consistently been above the industry average. 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 Software company?
The median 3-Year Book Growth Rate among Software companies is 5.40, based on 2,499 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. EPAM Systems's current 3-Year Book Growth Rate of 9.20% is 70.4% above the industry median. 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 EPAM Systems and its competitors. For the Software industry, the median 3-Year Book Growth Rate is 5.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EPAM Systems's current 3-Year Book Growth Rate is 9.20%, which is 61% below median its own 10-year median of 23.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EPAM Systems stock overvalued right now?
Based on GuruFocus' analysis, EPAM Systems (EPAM) is currently considered Significantly Undervalued. The stock's GF Value™ is $241.85, compared to a current price of $106.76 — trading 55.9% below its estimated fair value. The current 3-Year Book Growth Rate is 9.20%, which is 61% below median its 10-year median of 23.80 and 70.4% above the Software industry median of 5.40. EPAM Systems' overall GF Score™ is 75/100 with 3 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 EPAM Systems (EPAM), the current 3-Year Book Growth Rate is 9.20% as of Jun. 2026. 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 EPAM Systems (EPAM) Overvalued in 2026?
Based on GuruFocus' analysis, EPAM Systems stock appears to be undervalued.
The current stock price of $106.76 is trading 55.9% below its estimated GF Value™ of $241.85.
GuruFocus considers EPAM Systems to be Significantly Undervalued.
Key valuation signals for EPAM:
3-Year Book Growth Rate: 9.20% (61% below median its 10-year median of 23.80)
GF Value™: $241.85 vs. price of $106.76 (55.9% below fair value)
Industry Position: 70.4% above the Software median (#985 of 2499)
No single metric tells the full story. See the EPAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EPAM Systems is a global IT services firm with a focus on platform engineering, software development, and consulting services. The company used to host large engineer bases in Ukraine, Belarus, and Russia, but it now delivers from various locations across different continents. EPAM's largest market is North America, which represents approximately 60% of revenue.
75GF Score
Get the complete analysis for EPAM
3-Year Book Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
EPAM has been successfully added to your 
