Prosperity Bancshares (FRA:PPY) 3-Year Book Growth Rate : 4.50% (As of Jun. 2024)

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What is Prosperity Bancshares 3-Year Book Growth Rate?

Prosperity Bancshares's Book Value per Share for the quarter that ended in Jun. 2024 was €71.03.

During the past 12 months, Prosperity Bancshares's average Book Value per Share Growth Rate was 2.80% per year. During the past 3 years, the average Book Value per Share Growth Rate was 4.50% per year. During the past 5 years, the average Book Value per Share Growth Rate was 5.40% per year. During the past 10 years, the average Book Value per Share Growth Rate was 6.00% 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 Prosperity Bancshares was 34.00% per year. The lowest was 4.50% per year. And the median was 10.40% per year.

Competitive Comparison of Prosperity Bancshares's 3-Year Book Growth Rate

For the Banks - Regional subindustry, Prosperity Bancshares'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.

Prosperity Bancshares's 3-Year Book Growth Rate Distribution in the Banks Industry

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

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

Prosperity Bancshares 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.

Prosperity Bancshares (FRA:PPY) 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.

Prosperity Bancshares 3-Year Book Growth Rate Related Terms

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Prosperity Bancshares Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Prosperity Bancshares Inc (FRA:PPY) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

PB:USA

Address

Prosperity Bank Plaza, 4295 San Felipe, Houston, TX, USA, 77027

Website

https://www.prosperitybankusa.com

Prosperity Bancshares Inc follows a community bank model and provides multiple services to individuals and small to midsize businesses. It operates more than 270 branches in Texas, most of them around the Houston, Dallas-Fort Worth, Corpus Christi, and Austin metropolitan areas.