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Aegon (AEGOF) Tangible Book per Share : $5.55 (As of Dec. 2023)


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What is Aegon Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Aegon's tangible book value per share for the quarter that ended in Dec. 2023 was $5.55.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Aegon Tangible Book per Share Historical Data

The historical data trend for Aegon's Tangible Book 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.

Aegon Tangible Book per Share Chart

Aegon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.37 13.36 7.06 5.54 5.55

Aegon Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tangible Book per Share Get a 7-Day Free Trial 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 7.06 9.30 5.54 5.48 5.55

Competitive Comparison of Aegon's Tangible Book per Share

For the Insurance - Diversified subindustry, Aegon's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Aegon's Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Aegon's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Aegon's Price-to-Tangible-Book falls into.



Aegon Tangible Book per Share Calculation

Aegon's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(10279.171-0-549.618)/1751.95
=5.55

Aegon's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(10279.171-0-549.618)/1751.95
=5.55

* 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 equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Aegon  (OTCPK:AEGOF) Tangible Book 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.


Aegon Tangible Book per Share Related Terms

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Aegon (AEGOF) Business Description

Address
Aegonplein 50, P.O. Box 85, The Hague, ZH, NLD, 2591 TV
Aegon Ltd is a life insurance and long-term savings company listed in the Netherlands. It listed on the Amsterdam Stock Exchange in the 1980s and now has mature operations in the United States, United Kingdom, and four growth markets of Brazil, China, Portugal, and Spain. Over recent years, Aegon has been moving through a substantial transformation program where management has sought to divest noncore operations and improve the risk profile of the business by separating the company into strategic and financial assets. Financial assets are the parts of the business that are now being run down. Here, Aegon is looking to cycle out of highly capital-consumptive and volatile earnings products and recycle funds into capital-light and more predictable strategic business groups.

Aegon (AEGOF) Headlines

From GuruFocus

Aegon Asset Management closes first deal in ESG-centric venture

By PRNewswire PRNewswire 07-15-2022

Maarten Edixhoven to leave Aegon the Netherlands

By Business Wire Business Wire 05-11-2021

Aegon completes share buyback program

By Business Wire Business Wire 08-23-2021

Aegon's Global Chief Technology Officer Mark Bloom to step down

By Business Wire Business Wire 04-20-2021

Aegon Annual General Meeting approves all resolutions

By Business Wire Business Wire 06-03-2021

AM Best Affirms Credit Ratings of Aegon N.V.'s U.S. Subsidiaries

By Business Wire Business Wire 11-03-2022

Aegon Bank has set up an additional Covered Bond Program

By Business Wire Business Wire 05-10-2021