First Asset CanBanc Split (TSX:CBU.PR.A.PFD) 3-Year Book Growth Rate : 13.90% (As of Jun. 2015)

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What is First Asset CanBanc Split 3-Year Book Growth Rate?

First Asset CanBanc Split's Book Value per Share for the quarter that ended in Jun. 2015 was C$0.00.

During the past 12 months, First Asset CanBanc Split's average Book Value per Share Growth Rate was 9.90% per year. During the past 3 years, the average Book Value per Share Growth Rate was 13.90% per year. During the past 5 years, the average Book Value per Share Growth Rate was 8.70% 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 6 years, the highest 3-Year average Book Value per Share Growth Rate of First Asset CanBanc Split was 13.90% per year. The lowest was 4.80% per year. And the median was 7.80% per year.

Competitive Comparison of First Asset CanBanc Split's 3-Year Book Growth Rate

For the Asset Management subindustry, First Asset CanBanc Split'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.

First Asset CanBanc Split's 3-Year Book Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Asset CanBanc Split's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where First Asset CanBanc Split's 3-Year Book Growth Rate falls into.

First Asset CanBanc Split 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.

First Asset CanBanc Split (TSX:CBU.PR.A.PFD) 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.

First Asset CanBanc Split 3-Year Book Growth Rate Related Terms

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

First Asset CanBanc Split (TSX:CBU.PR.A.PFD) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Asset CanBanc Split Corp (TSX:CBU.PR.A.PFD) » Definitions » 3-Year Book Growth Rate

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http://www.firstasset.com

First Asset CanBanc Split Corp was incorporated under the laws of the Province of Ontario on September 5, 2008, is a mutual fund corporation whose investment portfolio consists of common shares of the six largest Canadian banks. The Fund's objectives in managing its capital with respect to the preferred shares are to provide preferred shareholders with fixed cumulative preferential quarterly cash distributions in the amount of $0.1625 per preferred share and to return the original issue price to preferred shareholders at the time of redemption of such shares on or about January 15, 2016. The Fund's objectives in managing its capital with respect to the Class A shares are to provide Class A shareholders with the opportunity to participate in the performance of the Fund's portfolio on a leveraged basis and to benefit from any increase in the dividends from the securities in the Fund's portfolio.

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