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Lancashire Holdings (Lancashire Holdings) Price-to-Tangible-Book : 1.25 (As of Apr. 28, 2024)


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What is Lancashire Holdings Price-to-Tangible-Book?

As of today (2024-04-28), Lancashire Holdings's share price is $6.95. Lancashire Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $5.55. Hence, Lancashire Holdings's Price to Tangible Book Ratio of today is 1.25.

The historical rank and industry rank for Lancashire Holdings's Price-to-Tangible-Book or its related term are showing as below:

LCSHF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.34   Med: 1.68   Max: 1.96
Current: 1.34

During the past 13 years, Lancashire Holdings's highest Price to Tangible Book Ratio was 1.96. The lowest was 1.34. And the median was 1.68.

LCSHF's Price-to-Tangible-Book is ranked better than
50.33% of 459 companies
in the Insurance industry
Industry Median: 1.34 vs LCSHF: 1.34

A closely related ratio is called PB Ratio. As of today, Lancashire Holdings's share price is $6.95. Lancashire Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $6.31. Hence, Lancashire Holdings's P/B Ratio of today is 1.10.


Lancashire Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Lancashire 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.

* Premium members only.

Lancashire Holdings Price-to-Tangible-Book Chart

Lancashire Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.98 1.67 1.40 1.53 1.43

Lancashire Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book 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 1.40 0.93 1.53 1.32 1.43

Competitive Comparison of Lancashire Holdings's Price-to-Tangible-Book

For the Insurance - Specialty subindustry, Lancashire 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.


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

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

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



Lancashire Holdings Price-to-Tangible-Book Calculation

Lancashire Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=6.95/5.551
=1.25

* 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.


Lancashire Holdings Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Lancashire Holdings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Lancashire Holdings (Lancashire Holdings) Business Description

Traded in Other Exchanges
Address
7 Par-la-Ville Road, Power House, Hamilton, BMU, HM 11
Lancashire Holdings Ltd is a specialty insurer and reinsurer. More than two-thirds of the premiums it receives are for insurance and reinsurance contracts that cover the United States and Canada or offshore areas throughout the world. Property insurance and reinsurance premiums provide the largest portion of the company's revenue. The company also provides insurance in the energy, marine, and aviation segments. More than a third of the company's premiums come through the company's Cathedral platform, which consists of two syndicates within Lloyd's market.