Axos Financial's book value per share for the quarter that ended in Dec. 2023 was $36.53.
During the past 12 months, Axos Financial's average Book Value Per Share Growth Rate was 22.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 16.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 16.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 20.10% 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 book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Axos Financial was 30.80% per year. The lowest was 6.20% per year. And the median was 16.95% per year.
Axos Financial's current price is $51.59. Its book value per share for the quarter that ended in Dec. 2023 was $36.53. Hence, today's PB Ratio of Axos Financial is 1.41.
During the past 13 years, the highest P/B Ratio of Axos Financial was 4.84. The lowest was 0.75. And the median was 1.99.
Axos Financial Book Value per Share Historical Data
The historical data trend for Axos Financial's Book Value per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Axos Financial's Book Value per Share
For the Banks - Regional subindustry, Axos Financial's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Axos Financial's PB Ratio Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Axos Financial's PB Ratio distribution charts can be found below:
* The bar in red indicates where Axos Financial's PB Ratio falls into.
Axos Financial Book Value per Share Calculation
Axos Financial's Book Value Per Share for the fiscal year that ended in Jun. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Axos Financial (NYSE:AX) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Axos Financial Book Value per Share Related Terms
Thank you for viewing the detailed overview of Axos Financial's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Axos Financial (Axos Financial) Business Description
Axos Financial Inc is a bank holding company that operates through its bank subsidiary, BofI Federal Bank, a nationwide bank that provides financing for single and multifamily residential properties, small to medium-size businesses in certain sectors, and selected specialty finance receivables. Its operating segments are banking and securities business. The bank distributed its products through a wide range of retail distribution channels, including only banking brands, affinity groups, and sales teams, among others. The majority of the bank's mortgage exposure is titled toward the state of California, particularly its southern region. Net interest income is a majority of the bank's revenue.
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