Hikari Tsushin (TSE:9435) 3-Year Book Growth Rate : 27.10% (As of Dec. 2023)

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What is Hikari Tsushin 3-Year Book Growth Rate?

Hikari Tsushin's Book Value per Share for the quarter that ended in Dec. 2023 was 円15,444.07.

During the past 12 months, Hikari Tsushin's average Book Value per Share Growth Rate was 29.40% per year. During the past 3 years, the average Book Value per Share Growth Rate was 27.10% per year. During the past 5 years, the average Book Value per Share Growth Rate was 22.10% per year. During the past 10 years, the average Book Value per Share Growth Rate was 17.60% 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 Hikari Tsushin was 27.10% per year. The lowest was -3.80% per year. And the median was 12.55% per year.

Competitive Comparison of Hikari Tsushin's 3-Year Book Growth Rate

For the Conglomerates subindustry, Hikari Tsushin'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.

Hikari Tsushin's 3-Year Book Growth Rate Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hikari Tsushin's 3-Year Book Growth Rate distribution charts can be found below:

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

Hikari Tsushin 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.

Hikari Tsushin (TSE:9435) 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.

Hikari Tsushin 3-Year Book Growth Rate Related Terms

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

Hikari Tsushin (TSE:9435) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hikari Tsushin Inc (TSE:9435) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

HKTGF:USA HIK:Germany

Address

Hikari West Gate Building, 1-4-10, Nishi Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0021

Website

http://www.hikari.co.jp

Hikari Tsushin Inc is a Japanese company that provides services such networking and automation products offers individual insurance plans for small and medium-size enterprises. The company has three reporting segments: corporate, shop and insurance. The corporate segment offers products such as Wi-Fi routers, SIM cards, water coolers and LED lighting. Revenue is evenly split between the corporate and shop segments with insurance adding a small portion. The company earns the vast majority of its revenue in Japan.

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