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Lancashire Holdings (Lancashire Holdings) PB Ratio : 1.10 (As of Apr. 24, 2024)


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What is Lancashire Holdings 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 (2024-04-24), Lancashire Holdings's share price is $6.95. Lancashire Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $6.31. Hence, Lancashire Holdings's PB Ratio of today is 1.10.

Good Sign:

Lancashire Holdings Ltd stock PB Ratio (=1.15) is close to 1-year low of 1.15

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

LCSHF' s PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.42   Max: 1.89
Current: 1.15

During the past 13 years, Lancashire Holdings's highest PB Ratio was 1.89. The lowest was 0.87. And the median was 1.42.

LCSHF's PB Ratio is ranked better than
52.78% of 485 companies
in the Insurance industry
Industry Median: 1.21 vs LCSHF: 1.15

During the past 12 months, Lancashire Holdings's average Book Value Per Share Growth Rate was 11.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lancashire Holdings was 19.30% per year. The lowest was -8.20% per year. And the median was 0.80% per year.

Back to Basics: PB Ratio


Lancashire Holdings PB Ratio Historical Data

The historical data trend for Lancashire Holdings'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.

Lancashire Holdings PB Ratio Chart

Lancashire Holdings 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 1.72 1.51 1.24 1.33 1.26

Lancashire Holdings 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 1.24 0.82 1.33 1.16 1.26

Competitive Comparison of Lancashire Holdings's PB Ratio

For the Insurance - Specialty subindustry, Lancashire Holdings'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.


Lancashire Holdings's PB Ratio Distribution in the Insurance Industry

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

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



Lancashire Holdings 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.

Lancashire Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=6.95/6.308
=1.10

* 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.


Lancashire Holdings  (OTCPK:LCSHF) 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.


Lancashire Holdings PB Ratio Related Terms

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


Lancashire Holdings (Lancashire Holdings) Business Description

Traded in Other Exchanges
Address
7 Par-la-Ville Road, Power House, Hamilton, BMU, HM 11
Lancashire Holdings Ltd is a specialty insurer and reinsurer. More than two-thirds of the premiums it receives are for insurance and reinsurance contracts that cover the United States and Canada or offshore areas throughout the world. Property insurance and reinsurance premiums provide the largest portion of the company's revenue. The company also provides insurance in the energy, marine, and aviation segments. More than a third of the company's premiums come through the company's Cathedral platform, which consists of two syndicates within Lloyd's market.