GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Remgro Ltd (JSE:REM) » Definitions » 3-Year Book Growth Rate

Remgro (JSE:REM) 3-Year Book Growth Rate : 10.60% (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Remgro 3-Year Book Growth Rate?

Remgro's Book Value per Share for the quarter that ended in Dec. 2023 was R197.49.

During the past 12 months, Remgro's average Book Value per Share Growth Rate was 6.20% per year. During the past 3 years, the average Book Value per Share Growth Rate was 10.60% per year. During the past 5 years, the average Book Value per Share Growth Rate was 2.40% per year. During the past 10 years, the average Book Value per Share Growth Rate was 4.50% 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 Remgro was 21.00% per year. The lowest was -5.90% per year. And the median was 8.70% per year.

Competitive Comparison of Remgro's 3-Year Book Growth Rate

For the Asset Management subindustry, Remgro'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.

Remgro's 3-Year Book Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Remgro's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Remgro's 3-Year Book Growth Rate falls into.


Remgro 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.

Remgro  (JSE:REM) 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.

Remgro 3-Year Book Growth Rate Related Terms

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

Remgro (JSE:REM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Remgro Ltd (JSE:REM) » Definitions » 3-Year Book Growth Rate
Comparable Companies
JSE:NY1 JSE:KST JSE:CML JSE:AIL JSE:ZED JSE:SBP JSE:EPE JSE:RACP JSE:MHB BLK BX KKR OSTO:INVE A APO TSX:BN BK AMP LSE:III XSWX:PGHN OSTO:EQT
Traded in Other Exchanges
RMGOF:USA RE7:Germany
Address
16 Stellentia Avenue, Millennia Park, Stellenbosch, ZAF, 7600
Website
https://www.remgro.com
Remgro Ltd is an investment holding company that consists of operating subsidiaries and noncontrolled investments in listed and unlisted companies. The company's investments span a variety of end markets, including food, liquor, home care, banking, healthcare, insurance, industrial, infrastructure, media, and sports industries. Its business model emphasizes decentralization, particularly concerning the management and corporate governance matters of its holdings. Management invests in companies it believes can generate superior levels of free cash flow. Its investment candidates mostly come from South Africa, where the company operates. Management also makes global investments in tandem with experienced partners.