The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-19), National Western Life Group's share price is $487.85. National Western Life Group's Book Value per Share for the quarter that ended in Dec. 2023 was $670.99. Hence, National Western Life Group's PB Ratio of today is 0.73.
Warning Sign:
National Western Life Group Inc stock PB Ratio (=0.73) is close to 10-year high of 0.78
The historical rank and industry rank for National Western Life Group's PB Ratio or its related term are showing as below:
NWLI'
s PB Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.53 Max: 0.78
Current: 0.73
During the past 13 years, National Western Life Group's highest PB Ratio was 0.78. The lowest was 0.22. And the median was 0.53.
NWLI's PB Ratio is ranked better than 78.31% of 484
companies
in the Insurance industry
Industry Median: 1.19
vs NWLI: 0.73
During the past 12 months, National Western Life Group's average Book Value Per Share Growth Rate was 11.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of National Western Life Group was 36.00% per year. The lowest was -1.30% per year. And the median was 8.20% per year.
Back to Basics: PB Ratio
National Western Life Group PB Ratio Historical Data
The historical data trend for National Western Life Group's PB Ratio 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.
National Western Life Group Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
PB Ratio
0.50
0.30
0.31
0.47
0.72
National Western Life Group Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
PB Ratio
0.47
0.38
0.66
0.71
0.72
Competitive Comparison
For the Insurance - Life subindustry, National Western Life Group's PB Ratio, along with its competitors' market caps and PB Ratio 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.
National Western Life Group PB Ratio Distribution
For the Insurance industry and Financial Services sector, National Western Life Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where National Western Life Group's PB Ratio falls into.
National Western Life Group PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
National Western Life Group's PB Ratio for today is calculated as follows:
* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
National Western Life Group (NAS:NWLI) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
National Western Life Group PB Ratio Related Terms
Thank you for viewing the detailed overview of National Western Life Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
National Western Life Group (National Western Life Group) Business Description
National Western Life Group Inc is a global insurance company that provides insurance products for the savings, protection, and retirement needs of policyholders. The company's product portfolio includes individual whole life, universal life and term insurance plans, and annuities. The company is organized into four operating business segments based on product types and geographic marketing areas: Domestic life insurance, International life insurance, Annuities, and Acquired businesses. The annuities segment contributes roughly half of the company's revenue, and most of the company's revenue is earned in the United States.
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