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Sompo Holdings (TSE:8630) 3-Year Book Growth Rate : 8.30% (As of Dec. 2023)


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What is Sompo Holdings 3-Year Book Growth Rate?

Sompo Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was 円2,593.40.

During the past 12 months, Sompo Holdings's average Book Value per Share Growth Rate was 48.10% per year. During the past 3 years, the average Book Value per Share Growth Rate was 8.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was 4.40% per year. During the past 10 years, the average Book Value per Share Growth Rate was 5.70% 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 Sompo Holdings was 23.00% per year. The lowest was -1.50% per year. And the median was 8.05% per year.


Competitive Comparison of Sompo Holdings's 3-Year Book Growth Rate

For the Insurance - Property & Casualty subindustry, Sompo 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.


Sompo Holdings's 3-Year Book Growth Rate Distribution in the Insurance Industry

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

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



Sompo 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.


Sompo Holdings  (TSE:8630) 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.


Sompo Holdings 3-Year Book Growth Rate Related Terms

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Sompo Holdings (TSE:8630) Business Description

Traded in Other Exchanges
Address
26-1, Nishi-Shinjuku 1-chome, Shinjuku-ku, Tokyo, JPN, 160-8338
Sompo Holdings was formed in 2010 after the merger of the former Sompo Japan and Nipponkoa Insurance. The name Sompo, which literally just means "nonlife insurance" in Japanese, was adopted as a common brand in 2001 for a planned three-way merger of Yasuda Fire, Nissan Fire, and Taisei Fire, although that deal had to be reworked after Taisei Fire's sudden bankruptcy from Sept. 11 losses. In the last few years Sompo has worked to integrate the former Nipponkoa, which before the merger had been somewhat of an industry laggard, to improve overall efficiency. Although Nissan Fire is one of its predecessor firms, in reality Sompo's development has been mainly driven by the former Yasuda Fire and the group has balanced ties to most of Japan's automakers, rather than focusing on Nissan.

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