Insurance Australia Group (Insurance Australia Group) PB Ratio

: 2.17 (As of Today)

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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 (2024-04-16), Insurance Australia Group's share price is $20.062. Insurance Australia Group's Book Value per Share for the quarter that ended in Dec. 2023 was $9.24. Hence, Insurance Australia Group's PB Ratio of today is 2.17.

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

IAUGY' s PB Ratio Range Over the Past 10 Years
Min: 1.63 Med: 2.18 Max: 3.11
Current: 2.31

During the past 13 years, Insurance Australia Group's highest PB Ratio was 3.11. The lowest was 1.63. And the median was 2.18.

IAUGY's PB Ratio is ranked worse than
80.04% of 486 companies
in the Insurance industry
Industry Median: 1.19 vs IAUGY: 2.31

During the past 12 months, Insurance Australia Group's average Book Value Per Share Growth Rate was 4.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Insurance Australia Group was 13.80% per year. The lowest was -6.00% per year. And the median was 0.20% per year.

Back to Basics: PB Ratio

Insurance Australia Group PB Ratio Historical Data

The historical data trend for Insurance Australia 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.

Insurance Australia Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

2.93

2.13

1.96

1.73

2.04

Insurance Australia Group 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																1.73	1.73	1.79	2.04	2.00

Competitive Comparison

For the Insurance - Property & Casualty subindustry, Insurance Australia 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.

Insurance Australia Group PB Ratio Distribution

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

* The bar in red indicates where Insurance Australia Group's PB Ratio falls into.

Insurance Australia 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.

Insurance Australia Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	20.062	/	9.242
	=	2.17

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Insurance Australia Group (OTCPK:IAUGY) 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.

Insurance Australia Group PB Ratio Related Terms

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Insurance Australia Group (Insurance Australia Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Insurance Australia Group Ltd (OTCPK:IAUGY) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

IAUGF:USA NRM:Germany IAGPD.PFD:Australia IAG:Australia

Address

Darling Park, 201 Sussex Street, Level 13, Tower Two, Sydney, NSW, AUS, 2000

Website

https://www.iag.com.au

Insurance Australia Group is the biggest domestic general insurer by gross written premium operating in Australia and New Zealand. The key general insurance markets in which the company operates are home and contents, motor vehicle and compulsory third-party, and short-tail commercial. Insurance Australia Group sells insurance under several brands, including NRMA, CGU, SGIO, SGIC, WFI, and Swann in Australia, and NZI, State, AMI, and Lumley in New Zealand.