Assurant (NYSE:AIZ) Price-to-Tangible-Book

: 6.76 (As of Today)

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As of today (2023-06-04), Assurant's share price is $123.43. Assurant's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was $18.26. Hence, Assurant's Price to Tangible Book Ratio of today is 6.76.

The historical rank and industry rank for Assurant's Price-to-Tangible-Book or its related term are showing as below:

AIZ' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.65 Med: 1.61 Max: 24.07
Current: 6.76

During the past 13 years, Assurant's highest Price to Tangible Book Ratio was 24.07. The lowest was 0.65. And the median was 1.61.

AIZ's Price-to-Tangible-Book is ranked worse than
93.52% of 463 companies
in the Insurance industry
Industry Median: 1.38 vs AIZ: 6.76

A closely related ratio is called PB Ratio. As of today, Assurant's share price is $123.43. Assurant's Book Value per Sharefor the quarter that ended in Mar. 2023 was $83.08. Hence, Assurant's P/B Ratio of today is 1.49.

Assurant Price-to-Tangible-Book Historical Data

The historical data trend for Assurant's Price-to-Tangible-Book 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.

Assurant Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

10.31

5.23

5.47

9.13

Assurant Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Price-to-Tangible-Book																7.79	11.12	12.87	9.13	6.58

Competitive Comparison

For the Insurance - Specialty subindustry, Assurant's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Annual Data Quarterly Data

Assurant Price-to-Tangible-Book Distribution

For the Insurance industry and Financial Services sector, Assurant's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Assurant's Price-to-Tangible-Book falls in comparison to its industry or sector. The grey bar indicates the Price-to-Tangible-Book's extreme value range as defined by GuruFocus.

Assurant Price-to-Tangible-Book Calculation

Assurant's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2023 )
	=	123.43	/	18.257
	=	6.76

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Assurant Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Assurant's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Assurant (NYSE:AIZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Assurant Inc (NYSE:AIZ) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

AIZP.PFD:USA ZAS:Germany

Address

55 Broadway, Suite 2901, New York, NY, USA, 10006

Website

https://www.assurant.com

Assurant Inc offers a range of property-casualty, health, employee benefit, and warranty insurance to a client base made up of individuals and institutions. Its segments are Global Housing, Global Lifestyle, Corporate and Other. Global Housing segment, the key revenue-generating segment, provides lender-placed homeowners insurance, lender-placed manufactured housing insurance and lender-placed flood insurance; renters insurance and related products; and voluntary manufactured housing insurance, voluntary homeowners insurance and other specialty products. Global Lifestyle provides mobile device solutions and extended service products and related services for mobile devices, consumer electronics and appliances; vehicle protection; and credit protection and other insurance products.

Executives

Sari Beth Granat	director	C/O MARKIT LTD, 4TH FL, ROPEMAKER PLACE, 25 ROPEMAKER STREET, LONDON X0 EC2Y 9LY
Keith Meier	officer: EVP, COO	C/O ASSURANT, INC., 55 BROADWAY, SUITE 2901, NEW YORK NY 10006
Dimitry Dirienzo	officer: SVP, CAO, Controller	C/O ASSURANT, INC., 28 LIBERTY ST. 41 F., NEW YORK NY 10005
Jay Rosenblum	officer: EVP and CLO	C/O ASSURANT, INC., 28 LIBERTY ST, 41ST FL., NEW YORK NY 10005
Francesca Luthi	officer: EVP, CAO	1180 NORTH TOWN CENTER DRIVE, SUITE 100, LAS VEGAS NV 89144
Carter J Braxton Ii	director	C/O T-MOBILE US, INC., 12920 SE 38TH STREET, BELLEVUE WA 98006
Paget Leonard Alves	director	SPRINT NEXTEL, 6200 SPRINT PARKWAY KSOPHF0410 - 4A403, OVERLAND PARK KS 66251
Ognjen Redzic	director	C/O ASSURANT, INC., 28 LIBERTY STREET, 41ST FL., NEW YORK NY 10005
Tammy L. Schultz	officer: EVP	C/O ASSURANT, INC.,28 LIBERTY STREET, 41ST FLOOR, NEW YORK NY 10005
Robert Lonergan	officer: EVP, other: Chief Strategy Officer	C/O ASSURANT, INC.,28 LIBERTY STREET, 41ST FLOOR, NEW YORK NY 10005
Michael P. Campbell	officer: EVP	C/O ASSURANT, INC.,28 LIBERTY STREET, 41ST FLOOR, NEW YORK NY 10005
Keith Demmings	officer: EVP	C/O ASSURANT, INC.,28 LIBERTY STREET, NEW YORK NY 10005
Peter Mcgoohan	director	301 COMMERCE STREET,SUITE 3300, FORT WORTH TX 76102
Eric W Leathers	director	54 THOMPSON ST, NEW YORK NY 10012
Tpg Advisors Vi-aiv, Inc.	10 percent owner	301 COMMERCE STREET, FORT WORTH TX 76102