The New India Assurance Co (BOM:540769) 3-Year Book Growth Rate : 6.30% (As of Dec. 2023)

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What is The New India Assurance Co 3-Year Book Growth Rate?

The New India Assurance Co's Book Value per Share for the quarter that ended in Dec. 2023 was ₹0.00.

During the past 12 months, The New India Assurance Co's average Book Value per Share Growth Rate was 3.40% per year. During the past 3 years, the average Book Value per Share Growth Rate was 6.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was 1.80% 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 average Book Value per Share growth rate.

During the past 11 years, the highest 3-Year average Book Value per Share Growth Rate of The New India Assurance Co was 8.20% per year. The lowest was 1.20% per year. And the median was 5.95% per year.

Competitive Comparison of The New India Assurance Co's 3-Year Book Growth Rate

For the Insurance - Diversified subindustry, The New India Assurance Co'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.

The New India Assurance Co's 3-Year Book Growth Rate Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, The New India Assurance Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where The New India Assurance Co's 3-Year Book Growth Rate falls into.

The New India Assurance Co 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.

The New India Assurance Co (BOM:540769) 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.

The New India Assurance Co 3-Year Book Growth Rate Related Terms

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The New India Assurance Co (BOM:540769) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » The New India Assurance Co Ltd (BOM:540769) » Definitions » 3-Year Book Growth Rate

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Traded in Other Exchanges

NIACL:India

Address

87, M.G. Road, New India Assurance Building, Fort, Mumbai, MH, IND, 400001

Website

https://www.newindia.co.in/portal

The New India Assurance Co Ltd is a general insurance company in India. Its divisions include fire insurance, marine insurance, motor insurance, travel insurance, property insurance, aviation, engineering, accident and health insurance, and others.

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