Absa Group (Absa Group) 3-Year Book Growth Rate

: 6.10% (As of Jun. 2023)

View and export this data going back to 1997. Start your Free Trial

Absa Group's Book Value per Share for the quarter that ended in Jun. 2023 was $19.12.

During the past 12 months, Absa Group's average Book Value per Share Growth Rate was 8.50% per year. During the past 3 years, the average Book Value per Share Growth Rate was 6.10% 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 6.30% 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 Absa Group was 23.10% per year. The lowest was -0.60% per year. And the median was 8.60% per year.

Competitive Comparison

For the Banks - Regional subindustry, Absa Group'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.

Absa Group 3-Year Book Growth Rate Distribution

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

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

Absa Group 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.

Absa Group (OTCPK:AGRPY) 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.

Absa Group 3-Year Book Growth Rate Related Terms

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

Absa Group (Absa Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Absa Group Ltd (OTCPK:AGRPY) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

ABG:South Africa AGRPF:USA AU61:Germany

Address

15 Troye Street, 7th Floor, Absa Towers West, PO Box 7735, Johannesburg, GT, ZAF, 2000

Website

https://www.absa.africa

Absa Group Ltd is a financial services company that has five main business segments: Product Solutions Cluster, Everyday Banking, Relationship Banking, Absa Regional Operations RBB (ARO RBB), CIB, & Head Office, Treasury, and other operations. The majority is from the Corporate and Investment Bank (CIB) segment which includes prioritized new-to-bank clients across key growth and priority sectors. CIB continued to up-sell and cross-sell new products and services to existing clients. Geographically, the majority is from South Africa.

Absa Group (Absa Group) Headlines

From GuruFocus

Unraveling Absa Group Ltd's Dividend Performance and Sustainability

By GuruFocus Research • 09-13-2023