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Kingstone (Kingstone) Book Value per Share : $3.20 (As of Dec. 2023)


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What is Kingstone Book Value per Share?

Kingstone's book value per share for the quarter that ended in Dec. 2023 was $3.20.

During the past 12 months, Kingstone's average Book Value Per Share Growth Rate was -5.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -28.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -19.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.00% 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 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kingstone was 50.50% per year. The lowest was -33.30% per year. And the median was 10.45% per year.

Kingstone's current price is $4.40. Its book value per share for the quarter that ended in Dec. 2023 was $3.20. Hence, today's PB Ratio of Kingstone is 1.37.

During the past 13 years, the highest P/B Ratio of Kingstone was 2.41. The lowest was 0.25. And the median was 1.26.


Kingstone Book Value per Share Historical Data

The historical data trend for Kingstone'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.

Kingstone Book Value per Share Chart

Kingstone Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.17 8.74 7.22 3.38 3.20

Kingstone Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only 3.38 3.09 2.98 2.47 3.20

Competitive Comparison of Kingstone's Book Value per Share

For the Insurance - Property & Casualty subindustry, Kingstone'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.


Kingstone's PB Ratio Distribution in the Insurance Industry

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

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



Kingstone Book Value per Share Calculation

Kingstone'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)
=(34.5-0.0)/10.8
=3.20

Kingstone's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(34.5-0.0)/10.8
=3.20

* 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.


Kingstone  (NAS:KINS) 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.


Kingstone Book Value per Share Related Terms

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


Kingstone (Kingstone) Business Description

Traded in Other Exchanges
N/A
Address
15 Joys Lane, Kingston, NY, USA, 12401
Kingstone Companies Inc is a multi-line regional property and casualty insurance holding company. It offers insurance policies to small and mid-sized businesses as well as to individuals.
Executives
Meryl S. Golden director, officer: Chief Operating Officer 15 JOYS LANE, KINGSTON NY 12401
Timothy P Mcfadden director 310 8TH AVENUE NORTH, ST. PETERSBURG FL 33701
Michelle A. Gage officer: Chief Accounting Officer C/O KINGSTONE COMPANIES, INC., 15 JOYS LANE, KINGSTON NY 12401
Minlei Chen officer: Chief Actuary and Senior VP KINGSTONE INSURANCE COMPANY, 15 JOYS LANE, KINGSTON NY 12401
Jennifer Gravelle officer: Chief Financial Officer C/O KINGSTONE COMPANIES, INC., 15 JOYS LANE, KINGSTON NY 12401
Pelt Scott Van officer: Chief Financial Officer, Treas C/O KINGSTONE COMPANIES, INC., 15 JOYS LANE, KINGSTON NY 12401
William L Yankus director 10 PHEASANT HILL, FARMINGTON CT 06032
Richard Jason Swartz officer: Chief Accounting Officer 70 EAST SUNRISE HIGHWAY, VALLEY STREAM NY 11581
Floyd R Tupper director C/O KINGSTONE COMPANIES, INC., 15 JOYS LANE, KINGSTON NY 12401
Barry Goldstein director, 10 percent owner, officer: President, COB, CEO, CFO, Trea 15 JOYS LANE, KINGSTON NY 12401
Jay M Haft director, 10 percent owner C/O NEUROTROPE, INC., 50 PARK PLACE, SUITE 1401, NEWARK NJ 07102
Dale A Thatcher director 40 WANTAGE AVE, BRANCHVILLE NJ 07890
Carla D'andre director 3540 LOQUAT AVENUE, MIAMI FL 33133
Jack D Siebald director 1336 BOXWOOD DRIVE WEST, HEWLETT HARBOR NY 11557
Benjamin Walden officer: VP+Chief Actuary-Kingstone Ins 11 MILL POND LANE, CENTERPORT NY 11721