Storebrand ASA (OSL:STB) 3-Year Book Growth Rate : -4.90% (As of Mar. 2024)

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What is Storebrand ASA 3-Year Book Growth Rate?

Storebrand ASA's Book Value per Share for the quarter that ended in Mar. 2024 was kr67.13.

During the past 12 months, Storebrand ASA's average Book Value per Share Growth Rate was 2.60% per year. During the past 3 years, the average Book Value per Share Growth Rate was -4.90% per year. During the past 5 years, the average Book Value per Share Growth Rate was -2.40% per year. During the past 10 years, the average Book Value per Share Growth Rate was 2.50% 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 Storebrand ASA was 11.10% per year. The lowest was -4.90% per year. And the median was 5.25% per year.

Competitive Comparison of Storebrand ASA's 3-Year Book Growth Rate

For the Financial Conglomerates subindustry, Storebrand ASA'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.

Storebrand ASA's 3-Year Book Growth Rate Distribution in the Diversified Financial Services Industry

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

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

Storebrand ASA 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.

Storebrand ASA (OSL:STB) 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.

Storebrand ASA 3-Year Book Growth Rate Related Terms

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Storebrand ASA (OSL:STB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Storebrand ASA (OSL:STB) » Definitions » 3-Year Book Growth Rate

Traded in Other Exchanges

SREDF:USA STBo:Sweden 0NO0:UK SKT:Germany

Address

Professor Kohts vei 9, P.O. Box 474, Lysaker, NOR, N-1327

Website

https://www.storebrand.no

Storebrand ASA is a Nordic long-term savings and insurance company. The business is divided into nonguaranteed savings, insurance, and guaranteed pensions. The savings segment includes products for retirement savings with no interest rate guarantees. The segment consists of defined contribution pensions in Norway and Sweden, asset management, and retail banking products. The insurance segment provides risk products in Norway and Sweden. It provides health, property & casualty, personal risk products, and employee-related & pension-related insurance. The Guaranteed Pension business area encompasses long-term pension savings products that give customers a guaranteed rate of return.