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Greenlight Capital Re (FRA:G8L) Price-to-Tangible-Book : 0.74 (As of May. 25, 2024)


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What is Greenlight Capital Re Price-to-Tangible-Book?

As of today (2024-05-25), Greenlight Capital Re's share price is €12.10. Greenlight Capital Re's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €16.27. Hence, Greenlight Capital Re's Price to Tangible Book Ratio of today is 0.74.

The historical rank and industry rank for Greenlight Capital Re's Price-to-Tangible-Book or its related term are showing as below:

FRA:G8L' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.51   Med: 0.78   Max: 1.1
Current: 0.74

During the past 13 years, Greenlight Capital Re's highest Price to Tangible Book Ratio was 1.10. The lowest was 0.51. And the median was 0.78.

FRA:G8L's Price-to-Tangible-Book is ranked better than
80.52% of 462 companies
in the Insurance industry
Industry Median: 1.33 vs FRA:G8L: 0.74

A closely related ratio is called PB Ratio. As of today, Greenlight Capital Re's share price is €12.10. Greenlight Capital Re's Book Value per Sharefor the quarter that ended in Mar. 2024 was €16.27. Hence, Greenlight Capital Re's P/B Ratio of today is 0.74.


Greenlight Capital Re Price-to-Tangible-Book Historical Data

The historical data trend for Greenlight Capital Re'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.

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Greenlight Capital Re Price-to-Tangible-Book Chart

Greenlight Capital Re Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.52 0.53 0.55 0.66

Greenlight Capital Re Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 0.63 0.64 0.67 0.66 0.71

Competitive Comparison of Greenlight Capital Re's Price-to-Tangible-Book

For the Insurance - Reinsurance subindustry, Greenlight Capital Re'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.


Greenlight Capital Re's Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Greenlight Capital Re's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Greenlight Capital Re's Price-to-Tangible-Book falls into.



Greenlight Capital Re Price-to-Tangible-Book Calculation

Greenlight Capital Re's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=12.10/16.265
=0.74

* 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 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.


Greenlight Capital Re Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Greenlight Capital Re's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Greenlight Capital Re (FRA:G8L) Business Description

Traded in Other Exchanges
Address
65 Market Street, Suite 1207, P.O. Box 31110, Camana Bay, Grand Cayman, CYM, KY1-1205
Greenlight Capital Re Ltd offers property and casualty reinsurance. Its customers are property and casualty insurers, and Greenlight takes on some of their risk in exchange for insurance premiums. It operates through one operating segment: property and casualty reinsurance. It generates revenue through premiums from reinsurance on property and casualty business assumed, and income from investments. Most of the revenue is generated from policies written in the United States and the Caribbean.

Greenlight Capital Re (FRA:G8L) Headlines

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