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First Acceptance (First Acceptance) 3-Year Book Growth Rate : 8.20% (As of Mar. 2024)


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What is First Acceptance 3-Year Book Growth Rate?

First Acceptance's Book Value per Share for the quarter that ended in Mar. 2024 was $3.87.

During the past 12 months, First Acceptance's average Book Value per Share Growth Rate was 123.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was 8.20% per year. During the past 5 years, the average Book Value per Share Growth Rate was 6.10% per year. During the past 10 years, the average Book Value per Share Growth Rate was 2.90% 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 First Acceptance was 23.60% per year. The lowest was -38.50% per year. And the median was -0.50% per year.


Competitive Comparison of First Acceptance's 3-Year Book Growth Rate

For the Insurance - Specialty subindustry, First Acceptance'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 Acceptance's 3-Year Book Growth Rate Distribution in the Insurance Industry

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

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



First Acceptance 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 Acceptance  (OTCPK:FACO) 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 Acceptance 3-Year Book Growth Rate Related Terms

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First Acceptance (First Acceptance) Business Description

Traded in Other Exchanges
N/A
Address
3813 Green Hills Village Drive, Nashville, TN, USA, 37215
First Acceptance Corp is engaged in the financial services sector. It is principally a retailer, servicer, and underwriter of non-standard personal automobile insurance. The company's operations generate revenue from selling non-standard personal automobile insurance products and related products in the United States. Its suite of products comprises auto insurance, renters, motorcycle, roadside assistance, and hospital insurance. the company also operates a real estate and corporate segment, which consists of the activities related to the disposition of foreclosed real estate held for sale, interest expenses associated with all debt, and other general corporate overhead expenses.
Executives
Rhodes R Bobbitt director 4500 ROLAND, #905, DALLAS TX 75219
Kenneth D Russell director 200 CRESCENT COURT, SUITE 1350, DALLAS TX 75201
Tom C Nichols director 4500 MERCANTILE PLAZA DRIVE, SUITE 300, FORT WORTH TX 76137
Brent J Gay officer: Chief Financial Officer 3813 GREEN HILLS VILLAGE DRIVE, NASHVILLE TN 37215
Olson Lyndon L Jr director 3812 GREENLEAF DRIVE, WACO TX 76710
Jeremy B Ford director
Mark A Kelly officer: Interim CEO & President 5722 WEST HANOVER, DALLAS TX 75209
Joseph S. Borbely officer: President 1572 VANDAGRIFF WAY, CORONA CA 92883
John R Barnett officer: Sr. Vice President of Finance 111 CONGRESSIONAL BLVD, STE 500, CARMEL IN 46032
Daniel L. Walker officer: Sr. VP of Operations 3322 WEST END AVENUE, NASHVILLE TN 37203
Harrison Thomas Marshall Jr director, 10 percent owner, officer: Exec. VP & Secretary 3813 GREEN HILLS VILLAGE DRIVE, NASHVILLE TN 37215
Gerald J Ford director, 10 percent owner, officer: Chairman 200 CRESCENT CT STE 1350, DALLAS TX 75201
Keith E. Bornemann officer: Corporate Controller 3322 WEST END AVENUE, NASHVILLE TN 37203
Shipp William A Jr director 9015 ENGLLISH WOOD COURT, BRENTWOOD TN 37027
Kevin P Cohn officer: VP & Chief Accounting Officer 4400 POST OAK PARKWAY, STE 1100, HOUSTON TX 77027