As of today (2024-04-24), Fairfax Financial Holdings's share price is $1084.95. Fairfax Financial Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $640.21. Hence, Fairfax Financial Holdings's Price to Tangible Book Ratio of today is 1.69.
The historical rank and industry rank for Fairfax Financial Holdings's Price-to-Tangible-Book or its related term are showing as below:
FRFHF'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.18 Med: 1.8 Max: 2.42
Current: 1.72
During the past 13 years, Fairfax Financial Holdings's highest Price to Tangible Book Ratio was 2.42. The lowest was 1.18. And the median was 1.80.
FRFHF's Price-to-Tangible-Book is ranked worse than 60.78% of 459
companies
in the Insurance industry
Industry Median: 1.34
vs FRFHF: 1.72
A closely related ratio is called PB Ratio. As of today, Fairfax Financial Holdings's share price is $1084.95. Fairfax Financial Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $908.10. Hence, Fairfax Financial Holdings's P/B Ratio of today is 1.19.
Fairfax Financial Holdings Price-to-Tangible-Book Historical Data
The historical data trend for Fairfax Financial Holdings'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.
For the Insurance - Property & Casualty subindustry, Fairfax Financial 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.
Fairfax Financial Holdings Price-to-Tangible-Book Distribution
For the Insurance industry and Financial Services sector, Fairfax Financial Holdings's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Fairfax Financial Holdings'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.
Fairfax Financial Holdings Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Fairfax Financial Holdings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Fairfax Financial Holdings (Fairfax Financial Holdings) Business Description
Fairfax provides reinsurance and property and casualty insurance in Canada, the United States, and other international markets. The company also has some noninsurance operations such as restaurants. Fairfax has been led by Prem Watsa, its chairman and CEO, since its formation in 1985.
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