Argo Group (LSE:ARGO) 3-Year Book Growth Rate : -38.00% (As of Dec. 2023)

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What is Argo Group 3-Year Book Growth Rate?

Argo Group's Book Value per Share for the quarter that ended in Dec. 2023 was £0.10.

During the past 12 months, Argo Group's average Book Value per Share Growth Rate was -74.80% per year. During the past 3 years, the average Book Value per Share Growth Rate was -38.00% per year. During the past 5 years, the average Book Value per Share Growth Rate was -17.30% per year. During the past 10 years, the average Book Value per Share Growth Rate was 0.20% 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 Argo Group was 20.80% per year. The lowest was -38.00% per year. And the median was 3.70% per year.

Competitive Comparison of Argo Group's 3-Year Book Growth Rate

For the Asset Management subindustry, Argo Group'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.

Argo Group's 3-Year Book Growth Rate Distribution in the Asset Management Industry

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

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

Argo Group 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.

Argo Group (LSE:ARGO) 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.

Argo Group 3-Year Book Growth Rate Related Terms

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Argo Group (LSE:ARGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Argo Group Ltd (LSE:ARGO) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

IW6:Germany

Address

24-25 New Bond Street, 2nd Floor, London, GBR, W1S 2RR

Website

https://www.argogrouplimited.com

Argo Group Ltd is an investment management company that invests in multi-strategy investment in emerging markets. Its investment objective is to provide investors with absolute returns on the funds. The group aims to deliver low volatility, double-digit absolute returns through a fundamental, bottom-up investment approach. The Group's funds invest in performing fixed-income securities, both sovereign and corporate, distressed debt, and real estate. The company operates as a single asset management business.