State Street (LTS:0L9G) 3-Year Book Growth Rate

: 2.50% (As of Dec. 2023)

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State Street's Book Value per Share for the quarter that ended in Dec. 2023 was $72.28.

During the past 12 months, State Street's average Book Value per Share Growth Rate was 8.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was 2.50% per year. During the past 5 years, the average Book Value per Share Growth Rate was 4.90% per year. During the past 10 years, the average Book Value per Share Growth Rate was 5.40% 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 State Street was 21.00% per year. The lowest was 1.00% per year. And the median was 11.85% per year.

Competitive Comparison

For the Asset Management subindustry, State Street'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.

State Street 3-Year Book Growth Rate Distribution

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

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

State Street 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.

State Street (LTS:0L9G) 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.

State Street 3-Year Book Growth Rate Related Terms

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State Street (LTS:0L9G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » State Street Corporation (LTS:0L9G) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

STTpG.PFD:USA STTpD.PFD:USA STT:USA STT:Mexico ZYA:Germany S1TT34:Brazil STT:Austria

Address

One Lincoln Street, Boston, MA, USA, 02111

Website

https://www.statestreet.com

State Street is a leading provider of financial services, including investment servicing, investment management, and investment research and trading. With approximately $42 trillion in assets under custody and administration and $4.1 trillion assets under management as of Dec. 31, 2023, State Street operates globally in more than 100 geographic markets and employs more than 46,000 worldwide.

State Street (LTS:0L9G) Headlines

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