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Aegon (AEG) PB Ratio : 1.04 (As of Apr. 25, 2024)


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What is Aegon PB Ratio?

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 (2024-04-25), Aegon's share price is $6.0787. Aegon's Book Value per Share for the quarter that ended in Dec. 2023 was $5.87. Hence, Aegon's PB Ratio of today is 1.04.

Warning Sign:

Aegon Ltd stock PB Ratio (=1.08) is close to 10-year high of 1.08

The historical rank and industry rank for Aegon's PB Ratio or its related term are showing as below:

AEG' s PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.43   Max: 1.08
Current: 1.07

During the past 13 years, Aegon's highest PB Ratio was 1.08. The lowest was 0.15. And the median was 0.43.

AEG's PB Ratio is ranked better than
58.68% of 484 companies
in the Insurance industry
Industry Median: 1.215 vs AEG: 1.07

During the past 12 months, Aegon's average Book Value Per Share Growth Rate was -2.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -22.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -17.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -8.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Aegon was 28.10% per year. The lowest was -22.90% per year. And the median was 5.05% per year.

Back to Basics: PB Ratio


Aegon PB Ratio Historical Data

The historical data trend for Aegon'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.

Aegon PB Ratio Chart

Aegon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.28 0.67 0.87 0.98

Aegon Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 0.44 0.87 0.89 0.98

Competitive Comparison of Aegon's PB Ratio

For the Insurance - Diversified subindustry, Aegon'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.


Aegon's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Aegon's PB Ratio distribution charts can be found below:

* The bar in red indicates where Aegon's PB Ratio falls into.



Aegon 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.

Aegon's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=6.0787/5.867
=1.04

* 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.


Aegon  (NYSE:AEG) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Aegon PB Ratio Related Terms

Thank you for viewing the detailed overview of Aegon's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Aegon (AEG) Business Description

Address
Aegonplein 50, P.O. Box 85, The Hague, ZH, NLD, 2591 TV
Aegon Ltd is a life insurance and long-term savings company listed in the Netherlands. It listed on the Amsterdam Stock Exchange in the 1980s and now has mature operations in the United States, United Kingdom, and four growth markets of Brazil, China, Portugal, and Spain. Over recent years, Aegon has been moving through a substantial transformation program where management has sought to divest noncore operations and improve the risk profile of the business by separating the company into strategic and financial assets. Financial assets are the parts of the business that are now being run down. Here, Aegon is looking to cycle out of highly capital-consumptive and volatile earnings products and recycle funds into capital-light and more predictable strategic business groups.

Aegon (AEG) Headlines

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