What is Cincinnati Financial Price-to-Tangible-Book?
As of today (2024-04-24), Cincinnati Financial's share price is $119.92. Cincinnati Financial's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $77.06. Hence, Cincinnati Financial's Price to Tangible Book Ratio of today is 1.56.
The historical rank and industry rank for Cincinnati Financial's Price-to-Tangible-Book or its related term are showing as below:
CINF'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.29 Med: 1.5 Max: 1.76
Current: 1.56
During the past 13 years, Cincinnati Financial's highest Price to Tangible Book Ratio was 1.76. The lowest was 1.29. And the median was 1.50.
CINF's Price-to-Tangible-Book is ranked worse than 57.3% of 459
companies
in the Insurance industry
Industry Median: 1.34
vs CINF: 1.56
A closely related ratio is called PB Ratio. As of today, Cincinnati Financial's share price is $119.92. Cincinnati Financial's Book Value per Sharefor the quarter that ended in Dec. 2023 was $77.06. Hence, Cincinnati Financial's P/B Ratio of today is 1.56.
Cincinnati Financial Price-to-Tangible-Book Historical Data
The historical data trend for Cincinnati Financial's Price-to-Tangible-Book 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.
Competitive Comparison of Cincinnati Financial's Price-to-Tangible-Book
For the Insurance - Property & Casualty subindustry, Cincinnati Financial'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.
Cincinnati Financial's Price-to-Tangible-Book Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Cincinnati Financial's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Cincinnati Financial's Price-to-Tangible-Book falls into.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Cincinnati Financial Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Cincinnati Financial's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Cincinnati Financial (Cincinnati Financial) Business Description
Cincinnati Financial Corp is a property and casualty insurance company that generates income through written premiums. A select group of independent agencies actively markets the company's business, home, and automotive insurance within their communities. These agents offer the company's personal lines as well as its standard market, excess, and surplus commercial line policies in many regions in the United States. Cincinnati Financial also offers leasing and financing services. The company operates in segments: Commercial lines insurance, Personal lines insurance, and Excess and surplus lines insurance, Life insurance, and Investments. The vast majority of the company's revenue is generated through commercial lines, followed by personal lines.
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