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Aviva (FRA:GU81) Price-to-Tangible-Book : 2.16 (As of May. 05, 2024)


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What is Aviva Price-to-Tangible-Book?

As of today (2024-05-05), Aviva's share price is €5.50. Aviva's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €2.55. Hence, Aviva's Price to Tangible Book Ratio of today is 2.16.

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

FRA:GU81' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84   Med: 1.66   Max: 2.26
Current: 2.15

During the past 13 years, Aviva's highest Price to Tangible Book Ratio was 2.26. The lowest was 0.84. And the median was 1.66.

FRA:GU81's Price-to-Tangible-Book is ranked worse than
71.12% of 457 companies
in the Insurance industry
Industry Median: 1.34 vs FRA:GU81: 2.15

A closely related ratio is called PB Ratio. As of today, Aviva's share price is €5.50. Aviva's Book Value per Sharefor the quarter that ended in Dec. 2023 was €3.85. Hence, Aviva's P/B Ratio of today is 1.43.


Aviva Price-to-Tangible-Book Historical Data

The historical data trend for Aviva'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.

Aviva Price-to-Tangible-Book Chart

Aviva 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 1.27 0.85 1.15 1.83 1.98

Aviva Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.15 1.09 1.83 1.76 1.98

Competitive Comparison of Aviva's Price-to-Tangible-Book

For the Insurance - Diversified subindustry, Aviva'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.


Aviva's Price-to-Tangible-Book Distribution in the Insurance Industry

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

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



Aviva Price-to-Tangible-Book Calculation

Aviva's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=5.50/2.548
=2.16

* 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.


Aviva Price-to-Tangible-Book Related Terms

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


Aviva (FRA:GU81) Business Description

Address
St Helen's, 1 Undershaft, London, GBR, EC3P 3DQ
Aviva is a multiline insurer that is listed on the London Stock Exchange. The company traces its roots back to the 17th century with the establishment of Hand-in-Hand. After the Great Fire of London, this mutual was formed to provide protection against fires. Hand-in-Hand was then acquired by Commercial Union in 1905. Over the years, Hand-in-Hand insured London landmarks such as London Bridge, the British Museum, and the Palace in Lambeth. The life insurance part of Aviva began in the early part of the 18th century with the establishment of Amicable, again a mutual society but this time to protect widows and children against the loss of life.

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