China Merchants Bank Co (China Merchants Bank Co) 3-Year Book Growth Rate : 15.00% (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is China Merchants Bank Co 3-Year Book Growth Rate?

China Merchants Bank Co's Book Value per Share for the quarter that ended in Dec. 2023 was $5.83.

During the past 12 months, China Merchants Bank Co's average Book Value per Share Growth Rate was 14.30% per year. During the past 3 years, the average Book Value per Share Growth Rate was 15.00% per year. During the past 5 years, the average Book Value per Share Growth Rate was 16.10% per year. During the past 10 years, the average Book Value per Share Growth Rate was 14.60% 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 China Merchants Bank Co was 46.30% per year. The lowest was 11.80% per year. And the median was 18.10% per year.

Competitive Comparison of China Merchants Bank Co's 3-Year Book Growth Rate

For the Banks - Regional subindustry, China Merchants Bank 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.

China Merchants Bank Co's 3-Year Book Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, China Merchants Bank Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where China Merchants Bank Co's 3-Year Book Growth Rate falls into.

China Merchants Bank 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.

China Merchants Bank Co (OTCPK:CIHHF) 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.

China Merchants Bank Co 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of China Merchants Bank Co's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

China Merchants Bank Co (China Merchants Bank Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Merchants Bank Co Ltd (OTCPK:CIHHF) » Definitions » 3-Year Book Growth Rate

Traded in Other Exchanges

CIHKY:USA 03968:Hong Kong M4B:Germany M4B:Germany 600036:China

Address

No. 7088, Shennan Boulevard, 19 Floor, China Merchants Bank Building, Futian District, Guangdong Province, Shenzhen, CHN, 518040

Website

https://www.cmbchina.com

China Merchants Bank, with headquarters in Shenzhen, was founded in 1987. The bank is China's seventh-largest listed bank by assets, with the largest distribution network among China's joint-stock banks. CMB's network has been expanding rapidly. Its outlets are located mainly in China's more developed areas, including the Pearl River and Yangtze River deltas. The firm has 18% and 82% of its shares listed on the Hong Kong and Shanghai exchanges, respectively. It has no foreign strategic investors. China Merchants Group is its largest shareholder, with a 30% stake. Retail banking, corporate banking and wholesale banking accounted for 57%, 41%, and 2% of total profit before tax, respectively, and 56%, 41%, and 3% of total revenue in 2022.

China Merchants Bank Co (China Merchants Bank Co) Headlines

From GuruFocus

3 High-Performing Stocks

By Alberto Abaterusso Alberto Abaterusso • 10-03-2019

Matthews China Fund Comments on China Merchants Bank

By Sydnee Gatewood • 07-20-2021

Matthews China Fund's 2nd-Quarter Commentary

By Sydnee Gatewood • 07-20-2021