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Root (ROOT) 3-Year Book Growth Rate : -46.30% (As of Mar. 2024)


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What is Root 3-Year Book Growth Rate?

Root's Book Value per Share for the quarter that ended in Mar. 2024 was $11.33.

During the past 12 months, Root's average Book Value per Share Growth Rate was -34.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was -46.30% 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 6 years, the highest 3-Year average Book Value per Share Growth Rate of Root was -46.30% per year. The lowest was -46.30% per year. And the median was -46.30% per year.

Competitive Comparison of Root's 3-Year Book Growth Rate

For the Insurance - Property & Casualty subindustry, Root'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.

Root's 3-Year Book Growth Rate Distribution in the Insurance Industry

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

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


Root 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.

Root  (NAS:ROOT) 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.

Root 3-Year Book Growth Rate Related Terms

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

Root (ROOT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Root Inc (NAS:ROOT) » Definitions » 3-Year Book Growth Rate
Comparable Companies
HRTG DOMA KINS CNFR HALL NODK ACIC DGICA GBLI UVE PGR CB TSE:8766 TRV ALL HKSE:01339 HKSE:02328 TSX:IFC TSX:FFH TSE:8725
Traded in Other Exchanges
N/A
Address
80 E. Rich Street, Suite 500, Columbus, OH, USA, 43215
Website
https://ir.joinroot.com
Root Inc develops and launches a direct-to-consumer personal automobile insurance and mobile technology company. The company is a direct-to-consumer personal auto insurance, renters insurance and mobile technology company. It generates revenue from the sale of auto insurance policies within the United States.
Executives
Jonathan Allison officer: Chief Administrative Officer ROOT, INC., 80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215
Donna Dorsey director ROOT, INC., 80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215
Mahtiyar Bonakdarpour officer: Chief Technology Officer 80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215
Meyer Malka 10 percent owner 364 UNIVERSITY AVENUE, PALO ALTO CA 94301
Bullfrog Capital, L.p. 10 percent owner 364 UNIVERSITY AVENUE, PALO ALTO CA 94301
Bullfrog Capital Gp, Ltd. 10 percent owner 364 UNIVERSITY AVENUE, PALO ALTO CA 94301
Julie Szudarek director 80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215
Robert H. Bateman officer: Chief Financial Officer ONE HARTFORD PLAZA, HARTFORD CT 06155
Daniel H Rosenthal director, officer: Chief Financial Officer C/O ROOT, INC., 80 E RICH STREET, SUITE 500, COLUMBUS OH 43215
Beth A Birnbaum director C/O 111 RIVER STREET, HOBOKEN NJ 07030
Lawrence A. Hilsheimer director 425 WINTER ROAD, DELAWARE OH 43015
Hemal Shah officer: Chief Product Officer 80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215
Carvana Co. 10 percent owner 300 E. RIO SALADO PARKWAY, TEMPE AZ 85281
Carvana Group, Llc 10 percent owner 1930 W. RIO SALADO PKWY, TEMPE AZ 85281
Anirban Kundu officer: Chief Technology Officer 80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215