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First American Financial (First American Financial) Book Value per Share

: $47.02 (As of Dec. 2023)
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First American Financial's book value per share for the quarter that ended in Dec. 2023 was $47.02.

During the past 12 months, First American Financial's average Book Value Per Share Growth Rate was 4.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.00% 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 book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of First American Financial was 16.10% per year. The lowest was 0.70% per year. And the median was 6.30% per year.

First American Financial's current price is $56.58. Its book value per share for the quarter that ended in Dec. 2023 was $47.02. Hence, today's PB Ratio of First American Financial is 1.20.

During the past 13 years, the highest P/B Ratio of First American Financial was 1.98. The lowest was 0.88. And the median was 1.39.

Good Sign:

First American Financial Corp stock PB Ratio (=1.17) is close to 1-year low of 1.15


First American Financial Book Value per Share Historical Data

The historical data trend for First American Financial's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First American Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.30 44.49 52.57 45.13 47.02

First American Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.13 46.05 46.24 43.83 47.02

Competitive Comparison

For the Insurance - Specialty subindustry, First American Financial's PB Ratio, along with its competitors' market caps and PB Ratio 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.


First American Financial PB Ratio Distribution

For the Insurance industry and Financial Services sector, First American Financial's PB Ratio distribution charts can be found below:

* The bar in red indicates where First American Financial's PB Ratio falls into.



First American Financial Book Value per Share Calculation

First American Financial's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(4,848-0)/103
=47.02

First American Financial's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(4,848-0)/103
=47.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


First American Financial  (NYSE:FAF) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


First American Financial Book Value per Share Related Terms

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First American Financial (First American Financial) Business Description

Traded in Other Exchanges
N/A
Address
1 First American Way, Santa Ana, CA, USA, 92707-5913
First American Financial Corp is a financial services business providing insurance through two segments: title insurance and related services and specialty insurance. Title insurance and related services include real estate insurance, property closing services, third-party handling of real estate funds (escrow), risk mitigation, real estate data products, and related real estate transaction services. The title insurance sector serves residential and commercial deals. Specialty insurance includes property insurance policies, casualty insurance policies, and home warranties. Nearly all the company's revenue comes from the title insurance and related services segment in the United States.
Executives
Steven A Adams officer: VP & Chief Accounting Officer 2260 E IMPERIAL HIGHWAY, EL SEGUNDO X1 90245
Christopher Michael Leavell officer: COO of Subsidiary 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Marsha A Spence director 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Kenneth D Degiorgio director, officer: Executive Vice President
Lisa W Cornehl officer: SVP, Chief Legal Officer 1 FIRST AMERICAN WAY, SANTA ANA CA 92886
Jean C Latorre director 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Mark C Oman director ONE HOME CAMPUS X2401-06X, DES MOINES IA 50328
Mark Edward Seaton officer: Senior Vice President 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Matthew F. Wajner officer: Chief Accounting Officer 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Martha B Wyrsch director
Dennis J Gilmore officer: Chief Executive Officer 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Reginald Harold Gilyard director 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Parker S Kennedy director, officer: Executive Chairman 114 EAST FIFTH STREET, SANTA ANA CA 92701
James L Doti director
Margaret M Mccarthy director AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156

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