Meritz Financial Group (XKRX:138040) 3-Year Book Growth Rate : 22.40% (As of Dec. 2024)

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

Meritz Financial Group's Book Value per Share for the quarter that ended in Dec. 2024 was ₩54,278.20.

During the past 12 months, Meritz Financial Group's average Book Value per Share Growth Rate was 7.60% per year. During the past 3 years, the average Book Value per Share Growth Rate was 22.40% per year. During the past 5 years, the average Book Value per Share Growth Rate was 23.10% per year. During the past 10 years, the average Book Value per Share Growth Rate was 19.90% 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 Meritz Financial Group was 26.00% per year. The lowest was 1.00% per year. And the median was 17.70% per year.

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

For the Asset Management subindustry, Meritz 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.

Meritz Financial Group's 3-Year Book Growth Rate Distribution in the Asset Management Industry

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

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

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Meritz 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.

Meritz Financial Group (XKRX:138040) 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.

Meritz Financial Group 3-Year Book Growth Rate Related Terms

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Meritz Financial Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Meritz Financial Group (XKRX:138040) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

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Address

Yeoksam-dong 825-2, Gangnam-gu, Seoul, KOR, 135-934

Website

http://www.meritzgroup.com

Meritz Financial Group is a Korea-based asset management company. Through its subsidiaries such as Meritz Fire & Marine Insurance CO, it is engaged in the property and casualty insurance business. Its other subsidiaries are engaged in the securities brokerage business and finance investment business, provision of integrated computer system services and credit finance services.

Meritz Financial Group Headlines

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