Prudential (Prudential) Price-to-Tangible-Book

: 1.92 (As of Today)

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As of today (2024-04-18), Prudential's share price is $18.07. Prudential's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $9.40. Hence, Prudential's Price to Tangible Book Ratio of today is 1.92.

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

PUK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.86 Med: 11.23 Max: 46.39
Current: 1.91

During the past 13 years, Prudential's highest Price to Tangible Book Ratio was 46.39. The lowest was 1.86. And the median was 11.23.

PUK's Price-to-Tangible-Book is ranked worse than
66.09% of 460 companies
in the Insurance industry
Industry Median: 1.33 vs PUK: 1.91

A closely related ratio is called PB Ratio. As of today, Prudential's share price is $18.07. Prudential's Book Value per Sharefor the quarter that ended in Dec. 2023 was $12.95. Hence, Prudential's P/B Ratio of today is 1.40.

Prudential Price-to-Tangible-Book Historical Data

The historical data trend for Prudential'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.

Prudential Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

46.55

3.37

3.16

2.39

Prudential 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																3.37	4.07	3.16	3.10	2.39

Competitive Comparison

For the Insurance - Life subindustry, Prudential'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.

Prudential Price-to-Tangible-Book Distribution

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

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

Prudential Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	18.07	/	9.4
	=	1.92

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Prudential Price-to-Tangible-Book Related Terms

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

Prudential (Prudential) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Prudential PLC (NYSE:PUK) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

PUKPF:USA K6S:Singapore 02378:Hong Kong PRUl:UK PRU:UK PRU:Germany P1UK34:Brazil

Address

1 Angel Court, London, GBR, EC2R 7AG

Website

https://www.prudentialplc.com

Originally established as Prudential Mutual Assurance, Investment, and Loan Association in 1848, Prudential plc has moved on a lot since then. Set up to sell life insurance and loans to the middle and then the industrializing and urbanizing working classes, the company subsequently diversified into Europe and then North America with the purchase of Jackson National Life in around 1985. During its time as owner of Jackson, Prudential focused on building out a simple chassis-style product portfolio where customers could choose a variety of add-ons. The company also became renowned for its focus on building requisite internal capabilities to support its strong product offerings, including compelling technology and a large and well-trained distribution force.