Islamic Arab Insurance Co (DFM:SALAMA) 3-Year Book Growth Rate : -11.00% (As of Dec. 2023)

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What is Islamic Arab Insurance Co 3-Year Book Growth Rate?

Islamic Arab Insurance Co's Book Value per Share for the quarter that ended in Dec. 2023 was د.إ0.64.

During the past 12 months, Islamic Arab Insurance Co's average Book Value per Share Growth Rate was -21.30% per year. During the past 3 years, the average Book Value per Share Growth Rate was -11.00% per year. During the past 5 years, the average Book Value per Share Growth Rate was -3.40% 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 average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Islamic Arab Insurance Co was 14.10% per year. The lowest was -16.90% per year. And the median was -7.30% per year.

Competitive Comparison of Islamic Arab Insurance Co's 3-Year Book Growth Rate

For the Insurance - Diversified subindustry, Islamic Arab Insurance 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.

Islamic Arab Insurance Co's 3-Year Book Growth Rate Distribution in the Insurance Industry

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

* The bar in red indicates where Islamic Arab Insurance Co's 3-Year Book Growth Rate falls into.

Islamic Arab Insurance 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.

Islamic Arab Insurance Co (DFM:SALAMA) 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.

Islamic Arab Insurance Co 3-Year Book Growth Rate Related Terms

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Islamic Arab Insurance Co (DFM:SALAMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Islamic Arab Insurance Co (DFM:SALAMA) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

Oud Metha, Sheikh Rashid Road, 4th Floor, Block A, P.O. Box: 10214, Spectrum Building, Dubai, ARE

Website

https://www.salama.ae

Islamic Arab Insurance Co is the Takaful (Islamic Insurance) and Re-Takaful insurance company. The Dubai-based company aims to provide Sharia-compliant Takaful solutions to customers. It offers insurance to both institutional and individual customers. It offers family takaful solutions, including whole life, term, savings, and investment plans; and auto takaful solutions, such as motor comprehensive, motor third party liability, and vehicle export insurance products. It also provides general takaful solutions, which include fire and allied perils, property all risk; travel insurance products; engineering insurance products; marine insurance products; public liability insurance products; accident insurance products. In addition, it offers group health plans; and reinsurance products.

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