Brookfield Reinsurance (Brookfield Reinsurance) Price-to-Tangible-Book : 0.85 (As of Apr. 28, 2024)

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What is Brookfield Reinsurance Price-to-Tangible-Book?

As of today (2024-04-28), Brookfield Reinsurance's share price is $40.81. Brookfield Reinsurance's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $48.15. Hence, Brookfield Reinsurance's Price to Tangible Book Ratio of today is 0.85.

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

BNRE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.82 Med: 1.05 Max: 1.21
Current: 0.86

During the past 6 years, Brookfield Reinsurance's highest Price to Tangible Book Ratio was 1.21. The lowest was 0.82. And the median was 1.05.

BNRE's Price-to-Tangible-Book is ranked better than
73.2% of 459 companies
in the Insurance industry
Industry Median: 1.34 vs BNRE: 0.86

A closely related ratio is called PB Ratio. As of today, Brookfield Reinsurance's share price is $40.81. Brookfield Reinsurance's Book Value per Sharefor the quarter that ended in Dec. 2023 was $51.19. Hence, Brookfield Reinsurance's P/B Ratio of today is 0.80.

Brookfield Reinsurance Price-to-Tangible-Book Historical Data

The historical data trend for Brookfield Reinsurance'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.

Brookfield Reinsurance Price-to-Tangible-Book Chart

Brookfield Reinsurance Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.23

1.05

0.84

Brookfield Reinsurance Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial													1.05	0.94	0.98	0.88	0.84

Competitive Comparison of Brookfield Reinsurance's Price-to-Tangible-Book

For the Insurance - Reinsurance subindustry, Brookfield Reinsurance'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.

Brookfield Reinsurance's Price-to-Tangible-Book Distribution in the Insurance Industry

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

* The bar in red indicates where Brookfield Reinsurance's Price-to-Tangible-Book falls into.

Brookfield Reinsurance Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	40.81	/	48.154
	=	0.85

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.

Brookfield Reinsurance Price-to-Tangible-Book Related Terms

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

Brookfield Reinsurance (Brookfield Reinsurance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Brookfield Reinsurance Ltd (NYSE:BNRE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

BNRE.A:USA 9JG0:Germany BNRE.A:Canada BNRE:Canada

Address

94 Pitts Bay Road, Ideation House, First Floor, Pembroke, BMU, HM08

Website

https://www.bamr.brookfield.com

Brookfield Reinsurance Ltd owns and operates a reinsurance business focused on providing capital-based solutions to insurance companies and their stakeholders. The company offers a broad range of insurance products and services, including life insurance and annuities, and personal and commercial property and casualty insurance.