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Meiji Holdings Co (TSE:2269) 3-Year Book Growth Rate

: 9.60% (As of Dec. 2023)
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Meiji Holdings Co's Book Value per Share for the quarter that ended in Dec. 2023 was 円2,691.95.

During the past 12 months, Meiji Holdings Co's average Book Value per Share Growth Rate was 6.10% per year. During the past 3 years, the average Book Value per Share Growth Rate was 9.60% per year. During the past 5 years, the average Book Value per Share Growth Rate was 9.00% per year. During the past 10 years, the average Book Value per Share Growth Rate was 9.50% 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 13 years, the highest 3-Year average Book Value per Share Growth Rate of Meiji Holdings Co was 107.90% per year. The lowest was 2.70% per year. And the median was 9.40% per year.


Competitive Comparison

For the Packaged Foods subindustry, Meiji Holdings Co'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.


Meiji Holdings Co 3-Year Book Growth Rate Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Meiji Holdings Co's 3-Year Book Growth Rate distribution charts can be found below:

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



Meiji Holdings Co 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.


Meiji Holdings Co  (TSE:2269) 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.


Meiji Holdings Co 3-Year Book Growth Rate Related Terms

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Meiji Holdings Co (TSE:2269) Business Description

Traded in Other Exchanges
Address
4-16, Kyobashi 2-chome, Chuo-ku, Tokyo, JPN, 104-0031
Meiji Holdings was established in April 2009 as a merged entity of Meiji Dairies, Japan's largest dairy company, and Meiji Seika, the country's number-two confectionery maker. The amalgamation was propelled by a surge in commodity prices, Japan's aging and shrinking population, and fierce competition. The food business, comprising dairy and confectionery operations, represents more than 80% of the group's sales and profits. The rest mainly comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Meiji is looking to step up overseas expansion of the food business, particularly in China, which will serve as a key growth driver over the medium term.

Meiji Holdings Co (TSE:2269) Headlines

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