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Enact Holdings (Enact Holdings) Book Value per Share : $29.84 (As of Mar. 2024)


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What is Enact Holdings Book Value per Share?

Enact Holdings's book value per share for the quarter that ended in Mar. 2024 was $29.84.

During the past 12 months, Enact Holdings's average Book Value Per Share Growth Rate was 12.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Enact Holdings was 6.80% per year. The lowest was 2.30% per year. And the median was 4.55% per year.

Enact Holdings's current price is $31.62. Its book value per share for the quarter that ended in Mar. 2024 was $29.84. Hence, today's PB Ratio of Enact Holdings is 1.06.

During the past 5 years, the highest P/B Ratio of Enact Holdings was 1.08. The lowest was 0.75. And the median was 0.95.

Warning Sign:

Enact Holdings Inc stock PB Ratio (=1.06) is close to 3-year high of 1.08


Enact Holdings Book Value per Share Historical Data

The historical data trend for Enact Holdings's Book Value per Share 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.

Enact Holdings Book Value per Share Chart

Enact Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
23.50 23.84 25.21 25.19 29.07

Enact Holdings Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share 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 26.53 27.31 27.86 29.07 29.84

Competitive Comparison of Enact Holdings's Book Value per Share

For the Insurance - Specialty subindustry, Enact Holdings's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Enact Holdings's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Enact Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Enact Holdings's PB Ratio falls into.



Enact Holdings Book Value per Share Calculation

Enact Holdings's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(4,632-0)/159
=29.07

Enact Holdings's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(4,714-0)/158
=29.83

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Enact Holdings  (NAS:ACT) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Enact Holdings Book Value per Share Related Terms

Thank you for viewing the detailed overview of Enact Holdings's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Enact Holdings (Enact Holdings) Business Description

Traded in Other Exchanges
N/A
Address
8325 Six Forks Road, Raleigh, NC, USA, 27615
Enact Holdings Inc is a private mortgage insurance company serving the United States housing finance market. The company is engaged in the business of writing and assuming residential mortgage guaranty insurance. Its product offerings include Primary mortgage insurance, which provides protection on individual loans at specified coverage percentages. Primary mortgage insurance is placed on individual loans at the time of origination and is typically delivered to the company on a loan-by-loan basis, and Pool mortgage insurance provides coverage on a finite set of individual loans identified by the pool policy.
Executives
Genworth Holdings, Inc. 10 percent owner 6620 WEST BROAD STREET, RICHMOND VA 23230
Jerome T Upton director GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Michael A Bless director C/O ROCKWELL INTERNATIONAL INC, 777 E. WISCONSIN AVE #1400, MILWAUKEE WI 53202
Brian Gould officer: EVP & Chief Operations Officer 8325 SIX FORKS ROAD, RALEIGH NC 27615
Rohit Gupta director, officer: President and CEO C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Sheehan Daniel J Iv director 6620 WEST BROAD STREET, RICHMOND VA 23230
Hardin Dean Mitchell officer: EVP, CFO and Treasurer 8325 SIX FORKS ROAD, RALEIGH NC 27615
Michael Derstine officer: EVP and Chief Risk Officer 8325 SIX FORKS ROAD, RALEIGH NC 27615
Anne G Waleski director 1508 WEST AVENUE, RICHMOND VA 23220
Westley V Thompson director THE PHOENIX COMPANIES, INC., ONE AMERICAN ROW, HARTFORD CT 06102
Debra Still director 520 MADISON AVE, 32ND FL, C/O CHIMERA INVESTMENT CORPORATION, NEW YORK NY 10022
John D Fisk director C/O AGNC INVESTMENT CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Restrepo Robert P Jr director
Dominic James Addesso director, other: Chairperson of the Board 477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938
Thomas J Mcinerney director 6620 WEST BROAD STREET, RICHMOND VA 23230

Enact Holdings (Enact Holdings) Headlines

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