What is Mizuho Financial Group Book Value per Share?
Mizuho Financial Group's book value per share for the quarter that ended in Mar. 2024 was 円4,037.29.
During the past 12 months, Mizuho Financial Group's average Book Value Per Share Growth Rate was 12.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.60% 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 book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mizuho Financial Group was 35.10% per year. The lowest was -27.60% per year. And the median was 2.50% per year.
During the past 13 years, the highest P/B Ratio of Mizuho Financial Group was 0.93. The lowest was 0.32. And the median was 0.55.
Warning Sign:
Mizuho Financial Group Inc stock PB Ratio (=0.77) is close to 10-year high of 0.84
Mizuho Financial Group Book Value per Share Historical Data
The historical data trend for Mizuho Financial Group's Book Value per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Mizuho Financial Group's Book Value per Share
For the Banks - Regional subindustry, Mizuho Financial Group's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Mizuho Financial Group's PB Ratio Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Mizuho Financial Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Mizuho Financial Group's PB Ratio falls into.
Mizuho Financial Group Book Value per Share Calculation
Mizuho Financial Group's Book Value Per Share for the fiscal year that ended in Mar. 2024 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Mizuho Financial Group (TSE:8411) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Mizuho Financial Group Book Value per Share Related Terms
Thank you for viewing the detailed overview of Mizuho Financial Group's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Mizuho Financial Group (TSE:8411) Business Description
Mizuho Financial Group is roughly tied with megabank peer Sumitomo Mitsui Financial Group for the status as Japan's second-largest bank after Mitsubishi UFJ Financial Group. As of March 2023, Mizuho's market share of domestic loans was 6.7%, compared with 7.1% for SMFG and 8.1% for MUFG. In Japan, Mizuho has more of a corporate focus than SMFG, which has a larger retail business. Its overseas weighting is slightly smaller than that of MUFG. Unlike its two Japanese megabank peers that own foreign banks outright or hold noncontrolling stakes in local banks overseas, Mizuho expanded in recent years beyond its traditional Japanese borrowers, mainly through its core banking and securities units, focusing on the financing needs of global multinational corporations.
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