Independence Holding Co (Independence Holding Co) Price-to-Tangible-Book : 1.49 (As of May. 13, 2024)

Independence Holding Co Price-to-Tangible-Book Chart

Independence Holding Co Annual Data
	Trend	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20
Price-to-Tangible-Book		Get a 7-Day Free Trial					0.87	1.12	1.36	1.62	1.58

Independence Holding Co Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.47	1.58	1.52	1.27	1.30

Competitive Comparison of Independence Holding Co's Price-to-Tangible-Book

For the Insurance - Life subindustry, Independence 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.

Independence Holding Co's Price-to-Tangible-Book Distribution in the Insurance Industry

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

* The bar in red indicates where Independence Holding Co's Price-to-Tangible-Book falls into.

Independence Holding Co Price-to-Tangible-Book Calculation

Independence 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.

Independence Holding Co Price-to-Tangible-Book Related Terms

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Independence Holding Co (Independence Holding Co) Business Description