Shriram Finance (NSE:SHRIRAMFIN) 3-Year Book Growth Rate : 14.90% (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Shriram Finance 3-Year Book Growth Rate?

Shriram Finance's Book Value per Share for the quarter that ended in Mar. 2024 was ₹1,302.50.

During the past 12 months, Shriram Finance's average Book Value per Share Growth Rate was 12.10% per year. During the past 3 years, the average Book Value per Share Growth Rate was 14.90% per year. During the past 5 years, the average Book Value per Share Growth Rate was 13.80% per year. During the past 10 years, the average Book Value per Share Growth Rate was 14.00% 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 Shriram Finance was 42.40% per year. The lowest was 10.40% per year. And the median was 16.40% per year.

Competitive Comparison of Shriram Finance's 3-Year Book Growth Rate

For the Credit Services subindustry, Shriram Finance'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.

Shriram Finance's 3-Year Book Growth Rate Distribution in the Credit Services Industry

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

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

Shriram Finance 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.

Shriram Finance (NSE:SHRIRAMFIN) 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.

Shriram Finance 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Shriram Finance's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Shriram Finance (NSE:SHRIRAMFIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Shriram Finance Ltd (NSE:SHRIRAMFIN) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

511218:India

Address

Wockhardt Towers, West Wing, Level-3, C-2, G-Block, Bandra-Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051

Website

https://www.shriramfinance.in

Shriram Finance Ltd is an Indian non-banking finance company. It is engaged in the financing of pre-owned commercial vehicles, equipment, and other loans. The company focuses on loan origination, valuation, and collection for pre-owned and new commercial and passenger vehicles, tractors, 3 wheeler, multi-utility vehicles, and also provides ancillary services such as finance for working capital, engine replacement, bill discounting, credit cards, and tire-loans as holistic financing support. The company's revenue consists of interest income on loans provides. Geographically, it derives maximum revenue from India.

Shriram Finance (NSE:SHRIRAMFIN) Headlines

No Headlines