Radian Group (STU:RAG) 3-Year Book Growth Rate : 8.70% (As of Mar. 2024)

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What is Radian Group 3-Year Book Growth Rate?

Radian Group's Book Value per Share for the quarter that ended in Mar. 2024 was €26.96.

During the past 12 months, Radian Group's average Book Value per Share Growth Rate was 11.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was 8.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was 10.70% per year. During the past 10 years, the average Book Value per Share Growth Rate was 14.60% 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 Radian Group was 39.20% per year. The lowest was -42.40% per year. And the median was 14.10% per year.

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

For the Insurance - Specialty subindustry, Radian 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.

Radian Group's 3-Year Book Growth Rate Distribution in the Insurance Industry

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

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

Radian 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.

Radian Group (STU:RAG) 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.

Radian Group 3-Year Book Growth Rate Related Terms

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Radian Group (STU:RAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Radian Group Inc (STU:RAG) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

RDN:USA

Address

550 East Swedesford Road, Suite 350, Wayne, PA, USA, 19087

Website

https://www.radian.com

Radian Group Inc provides mortgage insurance and services to the real estate and mortgage finance industries. Radian's mortgage insurance provides coverage to lending institutions throughout the United States. Its services include analytics and consulting for buyers and sellers of, and investors in, mortgage- and real estate-related loans and securities and other asset-backed securities. Insurance premiums account for more than three fourths of the company's revenue. Services revenue and investment income are the other principal sources of revenue. It operates in two segments: Mortgage and homegenius. The Mortgage segment earns the majority of revenue.

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