Sumitomo Mitsui Trust Holdings (TSE:8309) 3-Year Book Growth Rate : 4.10% (As of Dec. 2023)

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What is Sumitomo Mitsui Trust Holdings 3-Year Book Growth Rate?

Sumitomo Mitsui Trust Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was 円4,103.54.

During the past 12 months, Sumitomo Mitsui Trust Holdings's average Book Value per Share Growth Rate was 10.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was 4.10% per year. During the past 5 years, the average Book Value per Share Growth Rate was 2.00% per year. During the past 10 years, the average Book Value per Share Growth Rate was 3.80% 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 Sumitomo Mitsui Trust Holdings was 50.20% per year. The lowest was -29.00% per year. And the median was 4.30% per year.

Competitive Comparison of Sumitomo Mitsui Trust Holdings's 3-Year Book Growth Rate

For the Banks - Regional subindustry, Sumitomo Mitsui Trust 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.

Sumitomo Mitsui Trust Holdings's 3-Year Book Growth Rate Distribution in the Banks Industry

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

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

Sumitomo Mitsui Trust 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.

Sumitomo Mitsui Trust Holdings (TSE:8309) 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.

Sumitomo Mitsui Trust Holdings 3-Year Book Growth Rate Related Terms

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Sumitomo Mitsui Trust Holdings (TSE:8309) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sumitomo Mitsui Trust Holdings Inc (TSE:8309) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

SUTNY:USA CMTDF:USA MIU:Germany

Address

1-4-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8233

Website

https://www.smth.jp

Sumitomo Mitsui Trust Holdings is the fifth-largest Japanese bank by assets and revenue, with a market share of domestic loans of 3.2% as of March 2023. It is the only remaining stand-alone trust bank after the late 1990s deregulation removed legal barriers between commercial banking and trust functions in Japan; its former rivals in trust banking merged and became units of Mitsubishi UFJ FG and Mizuho. It has no capital ties with Sumitomo Mitsui FG, despite the similar name and common ties to Sumitomo and Mitsui group companies. In fiduciary services, SMTH is the market leader in Japan in total assets under custody. It is the largest manager of corporate pension funds and trails only Nomura in investment trusts.

Sumitomo Mitsui Trust Holdings (TSE:8309) Headlines

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