MRVGF (Mirvac Group) Book Value per Share : $1.47 (As of Dec. 2024)

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What is Mirvac Group Book Value per Share?

Mirvac Group's book value per share for the quarter that ended in Dec. 2024 was $1.47.

During the past 12 months, Mirvac Group's average Book Value Per Share Growth Rate was -9.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.80% 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 Mirvac Group was 10.10% per year. The lowest was -22.70% per year. And the median was 3.95% per year.

Mirvac Group's current price is $1.37. Its book value per share for the quarter that ended in Dec. 2024 was $1.47. Hence, today's PB Ratio of Mirvac Group is 0.87.

During the past 13 years, the highest P/B Ratio of Mirvac Group was 1.38. The lowest was 0.67. And the median was 1.01.

Warning Sign:

Mirvac Group stock PB Ratio (=0.99) is close to 3-year high of 0.99.

Mirvac Group Book Value per Share Historical Data

The historical data trend for Mirvac Group'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.

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Mirvac Group Book Value per Share Chart

Mirvac Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Book Value per Share

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1.77

2.06

1.98

1.80

1.57

Mirvac Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Book Value per Share	Get a 7-Day Free Trial															1.91	1.80	1.73	1.57	1.47

Competitive Comparison of Mirvac Group's Book Value per Share

For the REIT - Diversified subindustry, Mirvac Group'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.

Mirvac Group's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mirvac Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Mirvac Group's PB Ratio falls into.

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Mirvac Group Book Value per Share Calculation

Mirvac Group's Book Value Per Share for the fiscal year that ended in Jun. 2024 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(6,209	-	0)	/	3,945
	=	1.57

Mirvac Group's Book Value Per Share for the quarter that ended in Dec. 2024 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(5,806	-	0)	/	3,945
	=	1.47

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Mirvac Group (OTCPK:MRVGF) 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.

Mirvac Group Book Value per Share Related Terms

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Mirvac Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mirvac Group (OTCPK:MRVGF) » Definitions » Book Value per Share

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MGR:Australia

Address

200 George Street, Level 28, Sydney, NSW, AUS, 2000

Website

https://www.mirvac.com

Mirvac started off as a residential property developer and over time expanded into property investment, funds management, and commercial property development. Investment is the major earnings driver, generating about two thirds of group earnings. The investment portfolio, by book value, is made up of 60% office, 20% retail, 15% industrial and the rest is build-to-rent and land lease assets. Longer-term, Mirvac aims to increase exposure to the industrial and living sectors and own fewer offices and retail centers. Development income is volatile and was around a third of fiscal 2024 group earnings. Besides developing apartments and houses, which Mirvac is best known for, it is also involved in commercial and mixed-use precinct developments.