Great-West Lifeco's book value per share for the quarter that ended in Dec. 2023 was $19.28.
During the past 12 months, Great-West Lifeco's average Book Value Per Share Growth Rate was 3.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.70% 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 Great-West Lifeco was 19.70% per year. The lowest was -1.00% per year. And the median was 6.30% per year.
Great-West Lifeco's current price is $29.41. Its book value per share for the quarter that ended in Dec. 2023 was $19.28. Hence, today's PB Ratio of Great-West Lifeco is 1.53.
During the past 13 years, the highest P/B Ratio of Great-West Lifeco was 2.32. The lowest was 0.89. And the median was 1.64.
Good Sign:
Great-West Lifeco Inc stock PB Ratio (=1.56) is close to 1-year low of 1.45
Great-West Lifeco Book Value per Share Historical Data
The historical data trend for Great-West Lifeco'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.
Competitive Comparison of Great-West Lifeco's Book Value per Share
For the Insurance - Life subindustry, Great-West Lifeco'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.
Great-West Lifeco's PB Ratio Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Great-West Lifeco's PB Ratio distribution charts can be found below:
* The bar in red indicates where Great-West Lifeco's PB Ratio falls into.
Great-West Lifeco Book Value per Share Calculation
Great-West Lifeco's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Great-West Lifeco (OTCPK:GWLIF) 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.
Great-West Lifeco Book Value per Share Related Terms
Thank you for viewing the detailed overview of Great-West Lifeco's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Great-West Lifeco (Great-West Lifeco) Business Description
Great-West Lifeco provides life insurance, health insurance, retirement products, asset management, recordkeeping services, and reinsurance products in Canada, the United States, and Europe. The Canada business contributes approximately 35% of adjusted earnings and has leading market positions in group insurance, group retirement, and individual insurance. The company operates the second-largest recordkeeping business under the Empower brand in the United States, with an earnings contribution from the country approximating 20%. Great-West Lifeco also offers various products across Europe markets with a strong presence in the U.K., Ireland, and Germany. The Europe segment contributes around 28% of adjusted earnings and the reinsurance business accounts for around 17% of adjusted earnings.
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