Sparebanken More (OSL:MORG) 3-Year Book Growth Rate : 6.40% (As of Mar. 2024)

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What is Sparebanken More 3-Year Book Growth Rate?

Sparebanken More's Book Value per Share for the quarter that ended in Mar. 2024 was kr186.00.

During the past 12 months, Sparebanken More's average Book Value per Share Growth Rate was 16.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was 6.40% per year. During the past 5 years, the average Book Value per Share Growth Rate was 6.10% per year. During the past 10 years, the average Book Value per Share Growth Rate was 6.70% 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 Sparebanken More was 33.40% per year. The lowest was -3.10% per year. And the median was 5.90% per year.

Competitive Comparison of Sparebanken More's 3-Year Book Growth Rate

For the Banks - Regional subindustry, Sparebanken More'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.

Sparebanken More's 3-Year Book Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sparebanken More's 3-Year Book Growth Rate distribution charts can be found below:

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

Sparebanken More 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.

Sparebanken More (OSL:MORG) 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.

Sparebanken More 3-Year Book Growth Rate Related Terms

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

Sparebanken More (OSL:MORG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sparebanken More (OSL:MORG) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

MORGo:UK

Address

Kipervikgata 6, Ålesund, NOR, 6003

Website

https://www.sbm.no

Sparebanken Møre is a Norway-based banking corporation. It engaged in providing retail and commercial banking services to its customers. Products and services provided by the company include deposits, saving accounts, asset management, financial advisory services, payment transfers, foreign exchange and interest trading, insurance, and real estate brokerage. In addition, the company also provides real estate brokerage services for both residential homes and commercial properties. It mainly concentrates on maritime, offshore and supply, real estate, trade, and services as well as insurance industries. It firm manages its business into three segments Corporate, Retail, and Real estate brokerage. The revenue of the company comprises interest, fees, commission, and other income.

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