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 (2024-04-24), American Financial Group's share price is $129.72. American Financial Group's Book Value per Share for the quarter that ended in Dec. 2023 was $50.91. Hence, American Financial Group's PB Ratio of today is 2.55.
The historical rank and industry rank for American Financial Group's PB Ratio or its related term are showing as below:
AFG'
s PB Ratio Range Over the Past 10 Years
Min: 0.74 Med: 1.57 Max: 3.16
Current: 2.55
During the past 13 years, American Financial Group's highest PB Ratio was 3.16. The lowest was 0.74. And the median was 1.57.
AFG's PB Ratio is ranked worse than 80.82% of 485
companies
in the Insurance industry
Industry Median: 1.21
vs AFG: 2.55
During the past 12 months, American Financial Group's average Book Value Per Share Growth Rate was 7.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -13.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -5.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of American Financial Group was 27.90% per year. The lowest was -13.50% per year. And the median was 4.70% per year.
Back to Basics: PB Ratio
American Financial Group PB Ratio Historical Data
The historical data trend for American Financial 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.
Competitive Comparison of American Financial Group's PB Ratio
For the Insurance - Property & Casualty subindustry, American Financial 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.
American Financial Group's PB Ratio Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, American Financial Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where American Financial Group's PB Ratio falls into.
American Financial 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.
American Financial 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.
American Financial Group (NYSE:AFG) 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.
American Financial Group PB Ratio Related Terms
Thank you for viewing the detailed overview of American Financial Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
American Financial Group (American Financial Group) Business Description
American Financial Group Inc is a holding company that is engaged primarily in property and casualty insurance services. The company has a focus on specialized commercial products for businesses. American also has annuity operations that are focused on sales of traditional fixed and fixed-indexed annuities in the education, bank, and individual markets. American's insurance operations are conducted through the Great American Insurance Group. The group writes business in all 50 of the United States, primarily through independent agents and brokers.
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