As of today (2024-04-19), American Equity Investment Life Holding Co's share price is $55.14. American Equity Investment Life Holding Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $38.11. Hence, American Equity Investment Life Holding Co's Price to Tangible Book Ratio of today is 1.45.
The historical rank and industry rank for American Equity Investment Life Holding Co's Price-to-Tangible-Book or its related term are showing as below:
AEL'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.42 Med: 0.99 Max: 1.65
Current: 1.45
During the past 13 years, American Equity Investment Life Holding Co's highest Price to Tangible Book Ratio was 1.65. The lowest was 0.42. And the median was 0.99.
AEL's Price-to-Tangible-Book is ranked worse than 52.72% of 459
companies
in the Insurance industry
Industry Median: 1.33
vs AEL: 1.45
A closely related ratio is called PB Ratio. As of today, American Equity Investment Life Holding Co's share price is $55.14. American Equity Investment Life Holding Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was $38.11. Hence, American Equity Investment Life Holding Co's P/B Ratio of today is 1.45.
American Equity Investment Life Holding Co Price-to-Tangible-Book Historical Data
The historical data trend for American Equity Investment Life Holding Co'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.
American Equity Investment Life Holding Co Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Price-to-Tangible-Book
0.60
0.42
0.57
1.65
1.46
American Equity Investment Life Holding Co Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Price-to-Tangible-Book
1.65
1.09
1.58
2.06
1.46
Competitive Comparison
For the Insurance - Life subindustry, American Equity Investment Life Holding Co'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.
American Equity Investment Life Holding Co Price-to-Tangible-Book Distribution
For the Insurance industry and Financial Services sector, American Equity Investment Life Holding Co's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where American Equity Investment Life Holding Co's Price-to-Tangible-Book falls into.
American Equity Investment Life Holding Co Price-to-Tangible-Book Calculation
American Equity Investment Life Holding Co's price-to-tangible-book ratio for today is calculated as:
* 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.
American Equity Investment Life Holding Co Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of American Equity Investment Life Holding Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
American Equity Investment Life Holding Co (American Equity Investment Life Holding Co) Business Description
American Equity Investment Life Holding Co is a financial services company. Its core business is selling fixed-index and fixed-rate annuity products through its subsidiaries, American Equity Investment Life Insurance Company of New York and Eagle Life Insurance Company. The company is licensed to sell its products in 50 states and the District of Columbia. Its targeted clients are individuals aged 45-75 who are interested in accumulating tax-deferred savings or creating guaranteed lifetime income.
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