Olympia Financial Group (TSX:OLY) Price-to-Tangible-Book : 8.14 (As of May. 15, 2024)

View and export this data going back to 2006. Start your Free Trial

What is Olympia Financial Group Price-to-Tangible-Book?

As of today (2024-05-15), Olympia Financial Group's share price is C$108.04. Olympia Financial Group's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$13.28. Hence, Olympia Financial Group's Price to Tangible Book Ratio of today is 8.14.

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

TSX:OLY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.67 Med: 7.3 Max: 12.25
Current: 8.14

During the past 13 years, Olympia Financial Group's highest Price to Tangible Book Ratio was 12.25. The lowest was 5.67. And the median was 7.30.

TSX:OLY's Price-to-Tangible-Book is ranked worse than
96.05% of 1619 companies
in the Asset Management industry
Industry Median: 0.96 vs TSX:OLY: 8.14

A closely related ratio is called PB Ratio. As of today, Olympia Financial Group's share price is C$108.04. Olympia Financial Group's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$15.27. Hence, Olympia Financial Group's P/B Ratio of today is 7.08.

Olympia Financial Group Price-to-Tangible-Book Historical Data

The historical data trend for Olympia Financial 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.

Olympia Financial Group Price-to-Tangible-Book Chart

Olympia Financial Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

Get a 7-Day Free Trial

7.30

8.02

5.76

11.04

8.96

Olympia Financial Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															8.96	9.76	6.96	7.69	7.94

Competitive Comparison of Olympia Financial Group's Price-to-Tangible-Book

For the Asset Management subindustry, Olympia Financial 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.

Olympia Financial Group's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

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

Olympia Financial Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	108.04	/	13.279
	=	8.14

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.

Olympia Financial Group Price-to-Tangible-Book Related Terms

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

Olympia Financial Group (TSX:OLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Olympia Financial Group Inc (TSX:OLY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

4000, 520 - 3rd Avenue SW, Calgary, AB, CAN, T2P 0R3

Website

https://www.olympiafinancial.com

Olympia Financial Group Inc is engaged in providing financial services. The company's operating segments are Private Health Services Plan division which markets, sells and administers health and dental benefits to business owners; Investment Account Services division specializes in registered account administration; The Currency and Global Payments division provides corporations and private clients a personalized service for buying and selling foreign currencies; The Exempt Edge division is focused on Onboarding fees; The Corporate and Shareholder Services division, which acts as a cost centre and the Corporate Division.

Executives

Rick Skauge

10% Security Holder, Director, Senior Officer

Olympia Financial Group (TSX:OLY) Headlines

No Headlines