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Voya Financial (Voya Financial) Price-to-Tangible-Book : 2.72 (As of Apr. 30, 2024)


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What is Voya Financial Price-to-Tangible-Book?

As of today (2024-04-30), Voya Financial's share price is $68.36. Voya Financial's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $25.16. Hence, Voya Financial's Price to Tangible Book Ratio of today is 2.72.

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

VOYA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.59   Med: 0.8   Max: 2.9
Current: 2.74

During the past 13 years, Voya Financial's highest Price to Tangible Book Ratio was 2.90. The lowest was 0.59. And the median was 0.80.

VOYA's Price-to-Tangible-Book is ranked worse than
66.8% of 512 companies
in the Diversified Financial Services industry
Industry Median: 1.84 vs VOYA: 2.74

A closely related ratio is called PB Ratio. As of today, Voya Financial's share price is $68.36. Voya Financial's Book Value per Sharefor the quarter that ended in Dec. 2023 was $40.77. Hence, Voya Financial's P/B Ratio of today is 1.68.


Voya Financial Price-to-Tangible-Book Historical Data

The historical data trend for Voya Financial'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.

Voya Financial Price-to-Tangible-Book Chart

Voya Financial 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 0.86 0.72 0.88 2.50 2.90

Voya Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.50 2.92 3.54 4.72 2.90

Competitive Comparison of Voya Financial's Price-to-Tangible-Book

For the Financial Conglomerates subindustry, Voya Financial'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.


Voya Financial's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

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



Voya Financial Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=68.36/25.162
=2.72

* 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.


Voya Financial Price-to-Tangible-Book Related Terms

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


Voya Financial (Voya Financial) Business Description

Traded in Other Exchanges
Address
230 Park Avenue, New York, NY, USA, 10169
Voya Financial Inc is a financial services company, which, through its subsidiaries, provides various investment, insurance, and retirement solutions to individual and institutional clients in the United States. Its products and services include tax savings plans, individual retirement accounts, group life insurance plans, and employee benefits products, among others. The company tailors each of its products to the needs of its customer base. It operates its business through three principal lines: Wealth Solutions, Investment Management, and Health Solutions The Wealth segment generates roughly half of the company's revenue.
Executives
Martin Rodney O Jr director, officer: Chairman and CEO 70 PINE ST, NEW YORK NY 10270
Tony D Oh officer: See Remarks 230 PARK AVENUE, NEW YORK NY 10169
Brannigan C Thompson other: See Remarks 230 PARK AVENUE, NEW YORK NY 10169
Yvette S. Butler director 230 PARK AVENUE, NEW YORK NY 10169
Biff Bowman director 50 S. LASALLE STREET, CHICAGO IL 60603
Hikmet Ersek director 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Santhosh Keshavan officer: See Remarks 230 PARK AVENUE, NEW YORK NY 10169
Matthew Levin officer: See Remarks NEUSTAR, INC., 4600 CENTER OAK PLAZA, STERLING VA 20166
Charles P Nelson officer: CEO, Retirement 230 PARK AVE, NEW YORK NY 10169
Donald C. Templin officer: See Remarks 328 PHEASANT RUN PLACE, FINDLAY OH 45840
Nancy Ferrara officer: See Remarks 230 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10169
Trevor Ogle officer: See Remarks 230 PARK AVENUE, NEW YORK NY 10169
Michael Robert Katz officer: See Remarks 230 PARK AVENUE, NEW YORK NY 10169
Michael S Smith officer: Chief Risk Officer 230 PARK AVENUE, NEW YORK NY 10169
My Chi To officer: See Remarks 230 PARK AVENUE, NEW YORK NY 10169