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Gjensidige Forsikring ASA Book Value per Share

: $5.78 (As of Sep. 2021)
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Gjensidige Forsikring ASA's book value per share for the quarter that ended in Sep. 2021 was $5.78.

During the past 12 months, Gjensidige Forsikring ASA's average Book Value Per Share Growth Rate was 5.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.50% 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 Gjensidige Forsikring ASA was 53.40% per year. The lowest was -11.10% per year. And the median was 2.60% per year.

Gjensidige Forsikring ASA's current price is $22.01. Its book value per share for the quarter that ended in Sep. 2021 was $5.78. Hence, today's PB Ratio of Gjensidige Forsikring ASA is 3.81.

During the past 13 years, the highest P/B Ratio of Gjensidige Forsikring ASA was 4.50. The lowest was 1.25. And the median was 2.95.

Warning Sign:

Gjensidige Forsikring ASA stock PB Ratio (=4.21) is close to 10-year high of 4.5


Gjensidige Forsikring ASA Book Value per Share Historical Data

The historical data trend for Gjensidige Forsikring ASA'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.

Gjensidige Forsikring ASA Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Book Value per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.21 5.70 5.53 5.81 5.81

Gjensidige Forsikring ASA Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Book Value per Share 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 Premium Member Only Premium Member Only Premium Member Only 5.16 5.81 5.32 5.84 5.78

Competitive Comparison

For the Insurance - Diversified subindustry, Gjensidige Forsikring ASA's Book Value per Share, along with its competitors' market caps and Book Value per Share 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.

   

Gjensidige Forsikring ASA Book Value per Share Distribution

For the Insurance industry and Financial Services sector, Gjensidige Forsikring ASA's Book Value per Share distribution charts can be found below:

* The bar in red indicates where Gjensidige Forsikring ASA's Book Value per Share falls into.



Gjensidige Forsikring ASA Book Value per Share Calculation

Gjensidige Forsikring ASA's Book Value Per Share for the fiscal year that ended in Dec. 2020 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,904-0)/500
=5.81

Gjensidige Forsikring ASA's Book Value Per Share for the quarter that ended in Sep. 2021 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,889-0)/500
=5.78

* 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.


Gjensidige Forsikring ASA  (OTCPK:GJNSY) 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.


Gjensidige Forsikring ASA Book Value per Share Related Terms

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Gjensidige Forsikring ASA Business Description

Gjensidige Forsikring ASA logo
Industry
Address
Schweigaardsgate 21, Oslo, NOR, 0191
Gjensidige Forsikring is a diversified insurance company that operates in multiple business segments, including general insurance private; general insurance commercial; general insurance Denmark; general insurance Sweden; general insurance Baltics; and pension. The company provides general, accident, and health insurance products, among others. The vast majority of the company's revenue is generated from its private and commercial segments. The private segment offers a range of products in the Norwegian private market, while the commercial segment provides products to the commercial, agricultural, and municipality markets in Norway. The company considers mergers and acquisitions a component of its operational growth strategy.

Gjensidige Forsikring ASA Headlines

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