Sumitomo Realty & Development Co (TSE:8830) 3-Year Book Growth Rate : 11.60% (As of Dec. 2023)

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What is Sumitomo Realty & Development Co 3-Year Book Growth Rate?

Sumitomo Realty & Development Co's Book Value per Share for the quarter that ended in Dec. 2023 was 円4,182.25.

During the past 12 months, Sumitomo Realty & Development Co's average Book Value per Share Growth Rate was 12.40% per year. During the past 3 years, the average Book Value per Share Growth Rate was 11.60% per year. During the past 5 years, the average Book Value per Share Growth Rate was 10.40% per year. During the past 10 years, the average Book Value per Share Growth Rate was 10.80% 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 Sumitomo Realty & Development Co was 14.90% per year. The lowest was 0.10% per year. And the median was 10.30% per year.

Competitive Comparison of Sumitomo Realty & Development Co's 3-Year Book Growth Rate

For the Real Estate Services subindustry, Sumitomo Realty & Development Co'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.

Sumitomo Realty & Development Co's 3-Year Book Growth Rate Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sumitomo Realty & Development Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Sumitomo Realty & Development Co's 3-Year Book Growth Rate falls into.

Sumitomo Realty & Development Co 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.

Sumitomo Realty & Development Co (TSE:8830) 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.

Sumitomo Realty & Development Co 3-Year Book Growth Rate Related Terms

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Sumitomo Realty & Development Co (TSE:8830) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sumitomo Realty & Development Co Ltd (TSE:8830) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

SURDF:USA

Address

Shinjuku NS Building, 4-1, Nishi-Shinjuku 2-chome, Shinjuku-ku, Tokyo, JPN, 163-0820

Website

http://www.sumitomo-rd.co.jp

Sumitomo Realty & Development is one of the three big Japanese real estate companies. Unlike Mitsubishi Estate in Marunouchi or Mitsui Fudosan in Nihonbashi, it did not inherit a cluster of prime properties from its prewar predecessor, so Sumitomo Realty has built up a portfolio dispersed across central Tokyo (not just in the main business districts) by opportunistically redeveloping plots of land acquired piecemeal. After office leasing, condo development is a relatively important business for Sumitomo Realty, contributing close to one fourth of its operating profit. The firm is slightly smaller than Mitsubishi Estate and Mitsui Fudosan by assets and has more financial leverage than they do.

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