OUTsurance Group (JSE:OUT) Price-to-Tangible-Book : 5.23 (As of May. 21, 2024)

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What is OUTsurance Group Price-to-Tangible-Book?

As of today (2024-05-21), OUTsurance Group's share price is R43.48. OUTsurance Group's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was R8.31. Hence, OUTsurance Group's Price to Tangible Book Ratio of today is 5.23.

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

JSE:OUT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.97 Med: 1.73 Max: 5.23
Current: 5.23

During the past 13 years, OUTsurance Group's highest Price to Tangible Book Ratio was 5.23. The lowest was 0.97. And the median was 1.73.

JSE:OUT's Price-to-Tangible-Book is ranked worse than
90.26% of 462 companies
in the Insurance industry
Industry Median: 1.335 vs JSE:OUT: 5.23

A closely related ratio is called PB Ratio. As of today, OUTsurance Group's share price is R43.48. OUTsurance Group's Book Value per Sharefor the quarter that ended in Jun. 2023 was R8.47. Hence, OUTsurance Group's P/B Ratio of today is 5.14.

OUTsurance Group Price-to-Tangible-Book Historical Data

The historical data trend for OUTsurance Group'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.

OUTsurance Group Price-to-Tangible-Book Chart

OUTsurance Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.19

0.97

0.99

3.79

4.09

OUTsurance Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.99	1.15	3.79	4.04	4.09

Competitive Comparison of OUTsurance Group's Price-to-Tangible-Book

For the Insurance - Diversified subindustry, OUTsurance Group'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.

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

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

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

OUTsurance Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	43.48	/	8.311
	=	5.23

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.

OUTsurance Group Price-to-Tangible-Book Related Terms

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

OUTsurance Group (JSE:OUT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » OUTsurance Group Ltd (JSE:OUT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1241 Embankment Road, Zwartkop Ext 7, Centurion, GT, ZAF, 0157

Website

https://www.outsurance.co.za

OUTsurance Group Ltd is a South African investment holding company with the objective of achieving superior returns for investors. The company mainly engaged in healthcare funding, wellness, and financial services industries, employee benefits, investment and savings, healthcare solutions and short-term insurance to individual clients, small and medium businesses, large companies, organizations and public enterprises through investments in Discovery Limited, MMI Holdings Limited, OUTsurance Holdings Limited and RMB-SI investments proprietary Ltd. It holds a number of brands such as Discovery Health, Discovery Life, Discovery Invest, Momentum, and Ping An Health. The company earns a majority of its revenue South Africa.