Noor Financial Investment Co (KUW:NOOR) 3-Year Book Growth Rate : 16.40% (As of Mar. 2024)

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What is Noor Financial Investment Co 3-Year Book Growth Rate?

Noor Financial Investment Co's Book Value per Share for the quarter that ended in Mar. 2024 was KWD0.24.

During the past 12 months, Noor Financial Investment Co's average Book Value per Share Growth Rate was 47.60% per year. During the past 3 years, the average Book Value per Share Growth Rate was 16.40% per year. During the past 5 years, the average Book Value per Share Growth Rate was 12.60% per year. During the past 10 years, the average Book Value per Share Growth Rate was 9.60% 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 Noor Financial Investment Co was 39.90% per year. The lowest was -41.80% per year. And the median was 7.60% per year.

Competitive Comparison of Noor Financial Investment Co's 3-Year Book Growth Rate

For the Capital Markets subindustry, Noor Financial Investment Co'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.

Noor Financial Investment Co's 3-Year Book Growth Rate Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Noor Financial Investment Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Noor Financial Investment Co's 3-Year Book Growth Rate falls into.

Noor Financial Investment Co 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.

Noor Financial Investment Co (KUW:NOOR) 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.

Noor Financial Investment Co 3-Year Book Growth Rate Related Terms

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Noor Financial Investment Co (KUW:NOOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Noor Financial Investment Co (KUW:NOOR) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

Intersection of Jahra Street & Airport Road, PO Box 3311, Safat, Noor Building, Shuwaikh, Kuwait, KWT, 13034

Website

https://www.noorinvestment.com

Noor Financial Investment Co is engaged in investment activities and financial services primarily in Kuwait, the Middle East, Asia, and other emerging markets. It has a diverse portfolio of Direct Capital Market Investments, Real Estate and Alternative Investments. The company manages a proprietary listed equity portfolio comprising local, GCC and international equities. The Marketable Securities Unit continues to deploy funds in GCC and International equity markets achieving strong returns. The company operates in four segment i.e investment, Real Estate, IT services, and Hotel business.

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