Switch to:
PartnerRe Ltd (NYSE:PRE)
Price to Tangible Book Ratio
0.91 (As of Today)

As of today, PartnerRe Ltd's share price is $112.57. PartnerRe Ltd's Tangible Book Value per Share of Jun. 2014 for the quarter that ended in Jun. 2014 was $123.64. Hence, PartnerRe Ltd's Price to Tangible Book Ratio of today is 0.91.

PRE' s 10-Year Price to Tangible Book Range
Min: 0.58   Max: 2.07
Current: 0.91

0.58
2.07

During the past 13 years, PartnerRe Ltd's highest Price to Tangible Book Ratio was 2.07. The lowest was 0.58. And the median was 1.20.

PRE's Price to Tangible Bookis ranked higher than
91% of the 118 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 1.64 vs. PRE: 0.91 )

A closely related ratio is called P/B Ratio. As of today, PartnerRe Ltd's share price is $112.57. PartnerRe Ltd's Book Value per Share for the quarter that ended in Jun. 2014 was $136.10. Hence, PartnerRe Ltd's P/B Ratio of today is 0.83.


Definition

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

Price to Tangible Book=Share Price/Tangible Book Value per Share (Q: Jun. 2014 )
=112.57/123.64
=0.91

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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

Price to Tangible Book=Market Cap/Tangible Equity
=Market Cap/(Total Equity-Preferred Stock-Intangibles)

A closely related ratio is called P/B Ratio. The difference between Price-to-Tangible-Book Ratio and P/B 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.


Related Terms

P/B Ratio, Tangible Book Value per Share


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

PartnerRe Ltd Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
p2tangible_book 1.131.401.211.191.050.890.860.720.760.93

PartnerRe Ltd Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
p2tangible_book 0.720.780.700.760.860.870.830.930.860.88
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK