MCAN Financial Group (TSX:MKP) 3-Year Book Growth Rate : 3.30% (As of Mar. 2024)

View and export this data going back to 1992. Start your Free Trial

What is MCAN Financial Group 3-Year Book Growth Rate?

MCAN Financial Group's Book Value per Share for the quarter that ended in Mar. 2024 was C$15.24.

During the past 12 months, MCAN Financial Group's average Book Value per Share Growth Rate was 3.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was 3.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was 3.30% per year. During the past 10 years, the average Book Value per Share Growth Rate was 4.00% 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 MCAN Financial Group was 7.90% per year. The lowest was -15.90% per year. And the median was 4.50% per year.

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

For the Mortgage Finance subindustry, MCAN Financial 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.

MCAN Financial Group's 3-Year Book Growth Rate Distribution in the Banks Industry

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

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

MCAN Financial 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.

MCAN Financial Group (TSX:MKP) 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.

MCAN Financial Group 3-Year Book Growth Rate Related Terms

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

MCAN Financial Group (TSX:MKP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MCAN Financial Group (TSX:MKP) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

MAMTF:USA 885:Germany

Address

200 King Street West, Suite 600, Toronto, ON, CAN, M5H 3T4

Website

https://www.mcanfinancial.com

MCAN Financial Group is a mortgage investment company whose objective is to generate a reliable stream of income by investing its funds in a portfolio of mortgages (including single family residential, residential construction, non-residential construction and commercial loans), as well as other types of loans and investments, real estate and securitization investments. The company derives majority of its revenues from mortgage income and equity income.

Executives

Glenn Doré

Director

MCAN Financial Group (TSX:MKP) Headlines

No Headlines