The Daito Bank (TSE:8563) 3-Year Book Growth Rate : -2.10% (As of Dec. 2023)

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What is The Daito Bank 3-Year Book Growth Rate?

The Daito Bank's Book Value per Share for the quarter that ended in Dec. 2023 was 円2,873.97.

During the past 12 months, The Daito Bank's average Book Value per Share Growth Rate was 10.10% per year. During the past 3 years, the average Book Value per Share Growth Rate was -2.10% per year. During the past 5 years, the average Book Value per Share Growth Rate was -1.30% per year. During the past 10 years, the average Book Value per Share Growth Rate was 1.60% 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 average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of The Daito Bank was 13.10% per year. The lowest was -2.10% per year. And the median was 1.30% per year.

Competitive Comparison of The Daito Bank's 3-Year Book Growth Rate

For the Banks - Regional subindustry, The Daito Bank'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.

The Daito Bank's 3-Year Book Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, The Daito Bank's 3-Year Book Growth Rate distribution charts can be found below:

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

The Daito Bank 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.

The Daito Bank (TSE:8563) 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.

The Daito Bank 3-Year Book Growth Rate Related Terms

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

The Daito Bank (TSE:8563) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The Daito Bank Ltd (TSE:8563) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19 No. 1 Nakamachi,, Koriyama, JPN, 963-8004

Website

http://www.daitobank.co.jp

The Daito Bank Ltd provides various banking products and services to individuals and corporate customers in Japan. The company accepts time and foreign currency time deposits; and offers and government bonds. It also provides housing, car, education, card, free, and business loans; and annuity, life, cancer, medical, and financial insurance products. Additionally, the company offers credit cards, safe-deposit boxes, and credit guarantees, as well as currency exchange, institutional loan, and Internet banking services.

The Daito Bank (TSE:8563) Headlines

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