NI Holdings (NI Holdings) 3-Year Book Growth Rate : -9.40% (As of Dec. 2023)

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What is NI Holdings 3-Year Book Growth Rate?

NI Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $12.02.

During the past 12 months, NI Holdings's average Book Value per Share Growth Rate was 0.90% per year. During the past 3 years, the average Book Value per Share Growth Rate was -9.40% per year. During the past 5 years, the average Book Value per Share Growth Rate was -1.50% 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 10 years, the highest 3-Year average Book Value per Share Growth Rate of NI Holdings was 28.20% per year. The lowest was -9.40% per year. And the median was 12.50% per year.

Competitive Comparison of NI Holdings's 3-Year Book Growth Rate

For the Insurance - Property & Casualty subindustry, NI Holdings'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.

NI Holdings's 3-Year Book Growth Rate Distribution in the Insurance Industry

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

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

NI Holdings 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.

NI Holdings (NAS:NODK) 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.

NI Holdings 3-Year Book Growth Rate Related Terms

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NI Holdings (NI Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NI Holdings Inc (NAS:NODK) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

1101 First Avenue North, Fargo, ND, USA, 58102

Website

http://www.niholdingsinc.com

NI Holdings Inc is a stockholding company. The company's operating segments include private passenger auto insurance, non-standard auto insurance, home and farm insurance, crop insurance, commercial insurance, and others. It generates maximum revenue from the home and farm insurance segment.

Executives

Patrick W. Duncan	officer: Vice President of Operations	1101 FIRST AVENUE NORTH, FARGO ND 58102
Prakash Mathew	director	1101 FIRST AVENUE NORTH, FARGO ND 58102
Duaine Espegard	director	1101 FIRST AVENUE NORTH, FARGO ND 58102
Stephen V. Marlow	director	1101 FIRST AVENUE NORTH, FARGO ND 58102
Jeffrey R. Missling	director	1101 FIRST AVENUE NORTH, FARGO ND 58102
Eric K. Aasmundstad	director	1101 FIRST AVENUE NORTH, FARGO ND 58102
William Russell Devlin	director	1101 FIRST AVENUE NORTH, FARGO ND 58102
Cindy Launer	director	1101 FIRST AVENUE NORTH, FARGO ND 58102
Michael J. Alexander	director, officer: President & CEO	1101 FIRST AVENUE NORTH, FARGO ND 58102
Seth C. Daggett	officer: EVP of Strategy	1101 FIRST AVENUE NORTH, FARGO ND 58102
Timothy J. Milius	officer: Vice President of Finance	1101 FIRST AVENUE NORTH, FARGO ND 58102
Brian R. Doom	officer: Executive Vice President & CFO	1101 FIRST AVENUE NORTH, FARGO ND 58102
Brad J. Larson	officer: Regional Sales Director	1101 FIRST AVENUE NORTH, FARGO ND 58102
Nodak Mutual Group, Inc.	10 percent owner	1101 FIRST AVENUE NORTH, FARGO ND 58102