What is Zurich Insurance Group AG Price-to-Tangible-Book?
As of today (2024-04-25), Zurich Insurance Group AG's share price is $488.742. Zurich Insurance Group AG's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $92.58. Hence, Zurich Insurance Group AG's Price to Tangible Book Ratio of today is 5.28.
The historical rank and industry rank for Zurich Insurance Group AG's Price-to-Tangible-Book or its related term are showing as below:
ZFSVF'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.61 Med: 2.07 Max: 5.67
Current: 5.67
During the past 13 years, Zurich Insurance Group AG's highest Price to Tangible Book Ratio was 5.67. The lowest was 1.61. And the median was 2.07.
ZFSVF's Price-to-Tangible-Book is ranked worse than 91.29% of 459
companies
in the Insurance industry
Industry Median: 1.33
vs ZFSVF: 5.67
A closely related ratio is called PB Ratio. As of today, Zurich Insurance Group AG's share price is $488.742. Zurich Insurance Group AG's Book Value per Sharefor the quarter that ended in Dec. 2023 was $172.65. Hence, Zurich Insurance Group AG's P/B Ratio of today is 2.83.
Zurich Insurance Group AG Price-to-Tangible-Book Historical Data
The historical data trend for Zurich Insurance Group AG'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.
Zurich Insurance Group AG Price-to-Tangible-Book Chart
Competitive Comparison of Zurich Insurance Group AG's Price-to-Tangible-Book
For the Insurance - Diversified subindustry, Zurich Insurance Group AG'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.
Zurich Insurance Group AG's Price-to-Tangible-Book Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Zurich Insurance Group AG's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Zurich Insurance Group AG's Price-to-Tangible-Book falls into.
Zurich Insurance Group AG Price-to-Tangible-Book Calculation
Zurich Insurance Group AG'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.
Zurich Insurance Group AG Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Zurich Insurance Group AG's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Zurich Insurance Group AG (Zurich Insurance Group AG) Business Description
Zurich is a multiline insurer that writes business across both life and non-life insurance and also owns Farmers Management Services. The company was founded in 1872, originally as a marine reinsurer, to provide reinsurance to its parent company. Zurich subsequently expanded into transport and accident insurance and then rode the wave of transport technology innovation that drove rising demand for insurance. One of Zurich's early principles was that setting prices too low would result in unfair claims handling that would be damaging to both customers and Zurich. Over the years Zurich has sought to combine goodwill in claims with a sufficient premium. Zurich is now one of the most successful insurers in Europe.
Zurich Insurance Group AG (Zurich Insurance Group AG) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ZFSVF has been successfully added to your 