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 (2024-04-27), PartnerRe's share price is $140.52. PartnerRe's Book Value per Share for the quarter that ended in Dec. 2020 was $152.27. Hence, PartnerRe's PB Ratio of today is 0.92.
Good Sign:
PartnerRe Ltd stock PB Ratio (=0.98) is close to 5-year low of 0.98
Warning Sign:
PartnerRe Ltd stock PB Ratio (=0.98) is close to 10-year high of 1.02
The historical rank and industry rank for PartnerRe's PB Ratio or its related term are showing as below:
PRE'
s PB Ratio Range Over the Past 10 Years
Min: 0.52 Med: 0.76 Max: 1.02
Current: 0.98
During the past 13 years, PartnerRe's highest PB Ratio was 1.02. The lowest was 0.52. And the median was 0.76.
PRE's PB Ratio is not ranked
in the Insurance industry.
Industry Median: 1.22
vs PRE: 0.98
During the past 12 months, PartnerRe's average Book Value Per Share Growth Rate was -7.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -0.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PartnerRe was 21.70% per year. The lowest was -5.40% per year. And the median was 7.25% per year.
Back to Basics: PB Ratio
PartnerRe PB Ratio Historical Data
The historical data trend for PartnerRe'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.
For the Insurance - Reinsurance subindustry, PartnerRe'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.
PartnerRe's PB Ratio Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, PartnerRe's PB Ratio distribution charts can be found below:
* The bar in red indicates where PartnerRe's PB Ratio falls into.
PartnerRe 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.
PartnerRe'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.
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.
PartnerRe PB Ratio Related Terms
Thank you for viewing the detailed overview of PartnerRe's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
PartnerRe Ltd is a Bermuda-based holding company for international reinsurance groups, including Partner Reinsurance Company, Partner Reinsurance Europe SE, Partner Reinsurance Company of the U.S., and Partner Reinsurance Asia. PartnerRe reinsures risks include property, casualty, motor, agriculture, aviation/space, catastrophe, credit/surety, engineering, energy, marine, specialty property, specialty casualty, multiline and other lines, mortality, longevity, accident and health, and alternative risk products. It operates through the following segments the P&C segment, the Specialty segment under the non-life division, and the Life and Health segment. PartnerRe derives the majority of its revenue from the non-life business division.
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