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MS&AD Insurance Group Holdings (MS&AD Insurance Group Holdings) Tangible Book per Share : $14.73 (As of Dec. 2023)


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What is MS&AD Insurance Group Holdings 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. MS&AD Insurance Group Holdings's tangible book value per share for the quarter that ended in Dec. 2023 was $14.73.

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.


MS&AD Insurance Group Holdings Tangible Book per Share Historical Data

The historical data trend for MS&AD Insurance Group Holdings'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.

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MS&AD Insurance Group Holdings Tangible Book per Share Chart

MS&AD Insurance Group Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.33 10.94 14.58 14.47 11.74

MS&AD Insurance Group Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 11.05 11.74 13.54 13.05 14.73

Competitive Comparison of MS&AD Insurance Group Holdings's Tangible Book per Share

For the Insurance - Property & Casualty subindustry, MS&AD Insurance Group Holdings'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.


MS&AD Insurance Group Holdings's Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, MS&AD Insurance Group Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where MS&AD Insurance Group Holdings's Price-to-Tangible-Book falls into.



MS&AD Insurance Group Holdings Tangible Book per Share Calculation

MS&AD Insurance Group Holdings's Tangible Book Value Per Share for the fiscal year that ended in Mar. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(22523.576-0-3711.717)/1602.81
=11.74

MS&AD Insurance Group Holdings'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)
=(26826.252-0-3479.572)/1585.38
=14.73

* 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.


MS&AD Insurance Group Holdings  (OTCPK:MSADY) 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.


MS&AD Insurance Group Holdings Tangible Book per Share Related Terms

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MS&AD Insurance Group Holdings (MS&AD Insurance Group Holdings) Business Description

Traded in Other Exchanges
Address
Yaesu First Financial Building, Yaesu 1-3-7, Chuo-ku, Tokyo, JPN, 103-0028
MS&AD is Japan's second-biggest nonlife insurer, trailing industry leader Tokio Marine in the scale of global operations although not in Japan. Like Tokio Marine and Sompo, MS&AD has grown into a second-tier presence in the domestic life insurance market since life and non-life insurance were mutually deregulated in 1996. Overseas, it is less focused on the U.S. market than its two Japanese rivals and more focused on emerging Asia, but its acquisition of Lloyd's syndicate Amlin in 2017 has increased its exposure to the European and North American markets. MS&AD has historical business connections with the Mitsui and Sumitomo groups (the 'MS' in the company name) and has a long-term partnership with Toyota Motor that is advantageous in acquiring auto insurance customers.

MS&AD Insurance Group Holdings (MS&AD Insurance Group Holdings) Headlines