Tokio Marine Holdings (Tokio Marine Holdings) Price-to-Tangible-Book

: 2.68 (As of Today)

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As of today (2024-04-19), Tokio Marine Holdings's share price is $30.25. Tokio Marine Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $11.27. Hence, Tokio Marine Holdings's Price to Tangible Book Ratio of today is 2.68.

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

TKOMY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1 Med: 1.37 Max: 3.03
Current: 2.9

During the past 13 years, Tokio Marine Holdings's highest Price to Tangible Book Ratio was 3.03. The lowest was 1.00. And the median was 1.37.

TKOMY's Price-to-Tangible-Book is ranked worse than
80% of 460 companies
in the Insurance industry
Industry Median: 1.33 vs TKOMY: 2.90

A closely related ratio is called PB Ratio. As of today, Tokio Marine Holdings's share price is $30.25. Tokio Marine Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $15.57. Hence, Tokio Marine Holdings's P/B Ratio of today is 1.94.

Tokio Marine Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Tokio Marine 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.

Tokio Marine Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

1.36

1.50

1.38

1.59

2.08

Tokio Marine Holdings 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																2.35	2.08	2.28	2.19	2.21

Competitive Comparison

For the Insurance - Property & Casualty subindustry, Tokio Marine 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.

Tokio Marine Holdings Price-to-Tangible-Book Distribution

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

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

Tokio Marine Holdings Price-to-Tangible-Book Calculation

Tokio Marine 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 )
	=	30.25	/	11.272
	=	2.68

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.

Tokio Marine Holdings Price-to-Tangible-Book Related Terms

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

Tokio Marine Holdings (Tokio Marine Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Tokio Marine Holdings Inc (OTCPK:TKOMY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TKOMF:USA 8766:Japan MH6:Germany

Address

Tokio Marine Nichido Building Shinkan, 2-1, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

http://www.tokiomarinehd.com

Dating back to 1879, Tokio Marine is Japan's oldest insurance company and was its top property and casualty insurer in terms of market share for many decades. After mergers of its smaller rivals in the past few years, the company is now roughly the same size in the domestic nonlife market as MS&AD and Sompo Holdings, but it remains the most valuable listed Japanese insurer in terms of market capitalization due to its larger overseas business portfolio. The majority of its overseas business is in the U.S., where it has purchased four specialty insurers since 2008: Philadelphia Consolidated, Delphi Financial, HCC, and PURE. It is a member of the Mitsubishi keiretsu group and holds minority stakes in a number of group companies that also rank among its shareholders.

Tokio Marine Holdings (Tokio Marine Holdings) Headlines

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