China Taiping Insurance Holdings Co (HKSE:00966) 3-Year Book Growth Rate : 1.60% (As of Dec. 2023)

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What is China Taiping Insurance Holdings Co 3-Year Book Growth Rate?

China Taiping Insurance Holdings Co's Book Value per Share for the quarter that ended in Dec. 2023 was HK$26.43.

During the past 12 months, China Taiping Insurance Holdings Co's average Book Value per Share Growth Rate was 13.20% per year. During the past 3 years, the average Book Value per Share Growth Rate was 1.60% per year. During the past 5 years, the average Book Value per Share Growth Rate was 6.30% per year. During the past 10 years, the average Book Value per Share Growth Rate was 8.10% 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 China Taiping Insurance Holdings Co was 47.30% per year. The lowest was -1.20% per year. And the median was 13.00% per year.

Competitive Comparison of China Taiping Insurance Holdings Co's 3-Year Book Growth Rate

For the Insurance - Life subindustry, China Taiping Insurance 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.

China Taiping Insurance Holdings Co's 3-Year Book Growth Rate Distribution in the Insurance Industry

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

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

China Taiping Insurance 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.

China Taiping Insurance Holdings Co (HKSE:00966) 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.

China Taiping Insurance Holdings Co 3-Year Book Growth Rate Related Terms

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China Taiping Insurance Holdings Co (HKSE:00966) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » China Taiping Insurance Holdings Co Ltd (HKSE:00966) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

HIUC:Germany

Address

18 King Wah Road, 25th Floor, North Point, Hong Kong, HKG

Website

https://www.ctih.cntaiping.com

China Taiping Insurance Holdings Co Ltd is a holding company, which through its subsidiaries, sells insurance products and offers a variety of investment management services. The company sells life, property and casualty, reinsurance, and pension insurance products. The firm also operates asset management and real estate management services. The majority of China Taiping Insurance's income is derived from life insurance, with the People's Republic of China contributing the largest portion of company revenue. The Group consists of business segments: the life insurance business, property and casualty insurance business, Pension and group life insurance business, reinsurance business and Others. Majority of revenue is generated from the life insurance business.

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