Sompo Holdings's book value per share for the quarter that ended in Dec. 2023 was $9.01.
During the past 12 months, Sompo Holdings's average Book Value Per Share Growth Rate was 48.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.70% 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 Sompo Holdings was 23.00% per year. The lowest was -1.50% per year. And the median was 8.05% per year.
Sompo Holdings's current price is $10.10. Its book value per share for the quarter that ended in Dec. 2023 was $9.01. Hence, today's PB Ratio of Sompo Holdings is 1.12.
During the past 13 years, the highest P/B Ratio of Sompo Holdings was 1.23. The lowest was 0.51. And the median was 0.88.
Warning Sign:
Sompo Holdings Inc stock PB Ratio (=1.2) is close to 10-year high of 1.23
Sompo Holdings Book Value per Share Historical Data
The historical data trend for Sompo Holdings'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 Sompo Holdings's Book Value per Share
For the Insurance - Property & Casualty subindustry, Sompo Holdings'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.
Sompo Holdings's PB Ratio Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Sompo Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Sompo Holdings's PB Ratio falls into.
Sompo Holdings Book Value per Share Calculation
Sompo Holdings's Book Value Per Share for the fiscal year that ended in Mar. 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.
Sompo Holdings (OTCPK:SMPNY) 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.
Sompo Holdings Book Value per Share Related Terms
Thank you for viewing the detailed overview of Sompo Holdings's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Sompo Holdings (Sompo Holdings) Business Description
Sompo Holdings was formed in 2010 after the merger of the former Sompo Japan and Nipponkoa Insurance. The name Sompo, which literally just means "nonlife insurance" in Japanese, was adopted as a common brand in 2001 for a planned three-way merger of Yasuda Fire, Nissan Fire, and Taisei Fire, although that deal had to be reworked after Taisei Fire's sudden bankruptcy from Sept. 11 losses. In the last few years Sompo has worked to integrate the former Nipponkoa, which before the merger had been somewhat of an industry laggard, to improve overall efficiency. Although Nissan Fire is one of its predecessor firms, in reality Sompo's development has been mainly driven by the former Yasuda Fire and the group has balanced ties to most of Japan's automakers, rather than focusing on Nissan.
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