Argo Group International Holdings (Argo Group International Holdings) Price-to-Tangible-Book : (As of Jun. 05, 2024)

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What is Argo Group International Holdings Price-to-Tangible-Book?

As of today (2024-06-05), Argo Group International Holdings's share price is $24.88. Argo Group International Holdings's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $0.00. Hence, Argo Group International Holdings's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Argo Group International Holdings's Price-to-Tangible-Book or its related term are showing as below:

During the past 13 years, Argo Group International Holdings's highest Price to Tangible Book Ratio was 1.55. The lowest was 0.57. And the median was 1.08.

ARGOpA.PFD's Price-to-Tangible-Book is not ranked ^*
in the Insurance industry.
Industry Median: 1.35
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Argo Group International Holdings's share price is $24.88. Argo Group International Holdings's Book Value per Sharefor the quarter that ended in Sep. 2023 was $0.00. Hence, Argo Group International Holdings's P/B Ratio of today is .

Argo Group International Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Argo Group International Holdings's Price-to-Tangible-Book 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.

Argo Group International Holdings Price-to-Tangible-Book Chart

Argo Group International Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

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Argo Group International Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Argo Group International Holdings's Price-to-Tangible-Book

For the Insurance - Property & Casualty subindustry, Argo Group International Holdings's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Argo Group International Holdings's Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Argo Group International Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Argo Group International Holdings's Price-to-Tangible-Book falls into.

Argo Group International Holdings Price-to-Tangible-Book Calculation

Argo Group International Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	24.88	/
	=

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Argo Group International Holdings Price-to-Tangible-Book Related Terms

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Argo Group International Holdings (Argo Group International Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Argo Group International Holdings Inc (NYSE:ARGOpA.PFD) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

501 7th Avenue, 7th Floor, New York, NY, USA, 10018

Website

https://www.argolimited.com

Argo Group International Holdings Inc formerly Argo Group International Holdings Ltd is a property and casualty insurance company. It has two reportable segments which are U.S. Operations and International Operations. The U.S. Operations segment is comprised of two primary operating divisions, Excess and Surplus Lines and Specialty Admitted, while International Operations' primary operating divisions are Syndicate 1200, Reinsurance, and Argo Insurance Bermuda. The vast majority of revenue generation occurs within the excess and surplus lines segment, which underwrites casualty, property, and professional liability coverage for various clients. Argo generates the majority of its revenue in the United States, followed by the United Kingdom and Bermuda.