Hannover Rueck SE's book value per share for the quarter that ended in Sep. 2024 was €92.39.
During the past 12 months, Hannover Rueck SE's average Book Value Per Share Growth Rate was 16.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.40% 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 Hannover Rueck SE was 20.60% per year. The lowest was -4.90% per year. And the median was 8.80% per year.
Hannover Rueck SE's current price is €253.70. Its book value per share for the quarter that ended in Sep. 2024 was €92.39. Hence, today's PB Ratio of Hannover Rueck SE is 2.75.
During the past 13 years, the highest P/B Ratio of Hannover Rueck SE was 3.02. The lowest was 1.19. And the median was 1.66.
Warning Sign:
Hannover Rueck SE stock PB Ratio (=2.77) is close to 10-year high of 3.02
Hannover Rueck SE Book Value per Share Historical Data
The historical data trend for Hannover Rueck SE'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 Hannover Rueck SE's Book Value per Share
For the Insurance - Reinsurance subindustry, Hannover Rueck SE'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.
Hannover Rueck SE's PB Ratio Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Hannover Rueck SE's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hannover Rueck SE's PB Ratio falls into.
Hannover Rueck SE Book Value per Share Calculation
Hannover Rueck SE'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.
Hannover Rueck SE (WBO:HNR1) 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.
Hannover Rueck SE Book Value per Share Related Terms
Thank you for viewing the detailed overview of Hannover Rueck SE's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Hannover Re is a reinsurance company headquartered in Hannover, Germany. Its roots go back to the 1920s when, in conjunction with the Gerling Group, Haftpflichtverband founded Eisen- und Stahl-Industrie to provide reinsurance services. In the 1960s ownership of the business was turned over to Haftpflichtverband, and Aktiengesellschaft für Transport und- Rückversicherung was founded. This was the basis of Hannover Re. The business expanded into life and health reinsurance in the 1990s, and over the next 30 years expanded beyond its core domestic market of Germany to write business internationally. Hannover sold its commercial specialty insurance business to Talanx in January 2019. Hannover was listed in the 1990s on the Frankfurt Stock Exchange.
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