Meritage Homes's Book Value per Share for the quarter that ended in Dec. 2023 was $126.61.
During the past 12 months, Meritage Homes's average Book Value per Share Growth Rate was 17.20% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 26.50% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 24.40% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 17.90% 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 Meritage Homes was 63.90% per year. The lowest was -43.20% per year. And the median was 16.10% per year.
Competitive Comparison
For the Residential Construction subindustry, Meritage Homes'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.
Meritage Homes 3-Year Book Growth Rate Distribution
For the Homebuilding & Construction industry and Consumer Cyclical sector, Meritage Homes's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Meritage Homes's 3-Year Book Growth Rate falls into.
Meritage Homes 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.
Meritage Homes (NYSE:MTH) 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.
Meritage Homes 3-Year Book Growth Rate Related Terms
Thank you for viewing the detailed overview of Meritage Homes's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.
Meritage Homes (Meritage Homes) Business Description
Meritage Homes Corp is engaged as a designer and builder of single-family attached and detached homes. It has operations in three regions: West, Central, and East, which are comprised of ten states: Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina, Tennessee, and Utah. The company operates with two principal business segments; homebuilding and financial services. The homebuilding segments are engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes and providing warranty and customer services and the financial services segment offer title and escrow, mortgage, and insurance services. The company generates key revenue from the homebuilding segment.
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