Firstrand (Firstrand) 3-Year Book Growth Rate : 9.40% (As of Dec. 2023)

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What is Firstrand 3-Year Book Growth Rate?

Firstrand's Book Value per Share for the quarter that ended in Dec. 2023 was $19.66.

During the past 12 months, Firstrand's average Book Value per Share Growth Rate was 16.50% per year. During the past 3 years, the average Book Value per Share Growth Rate was 9.40% per year. During the past 5 years, the average Book Value per Share Growth Rate was 9.50% per year. During the past 10 years, the average Book Value per Share Growth Rate was 10.20% 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 Firstrand was 19.00% per year. The lowest was 1.80% per year. And the median was 10.10% per year.

Competitive Comparison of Firstrand's 3-Year Book Growth Rate

For the Banks - Diversified subindustry, Firstrand'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.

Firstrand's 3-Year Book Growth Rate Distribution in the Banks Industry

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

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

Firstrand 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.

Firstrand (OTCPK:FANDY) 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.

Firstrand 3-Year Book Growth Rate Related Terms

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Firstrand (Firstrand) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

FSR:South Africa FST:Namibia FSRA:Germany

Address

Corner Fredman Drive and Rivonia Road, 4 Merchant Place, C Low, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.firstrand.co.za

Firstrand Ltd wholly owns FirstRand Bank, a full-service bank providing a comprehensive range of retail, commercial, corporate and investment banking services in South Africa and offers niche products. The bank has three divisions, which are separately branded: First National Bank (FNB), WesBank and Rand Merchant Bank (RMB). The bank's retail and commercial brand is the contributor of normalized earnings, followed by its corporate and investment brand. FirstRand's retail and commercial division emphasizes a diverse range of financial services with a strategic emphasis on cost controls and digital platforms. The bank's corporate and investment brand heavily relies on its origination franchise as part of its value proposition.

Firstrand (Firstrand) Headlines

From GuruFocus

Firstrand Ltd's Dividend Analysis

By GuruFocus Research • 10-11-2023