Progressive Life Insurance Co (DHA:PROGRESLIF) Price-to-Tangible-Book : (As of Apr. 24, 2024)

Progressive Life Insurance Co Price-to-Tangible-Book Chart

Competitive Comparison of Progressive Life Insurance Co's Price-to-Tangible-Book

For the Insurance - Life subindustry, Progressive Life Insurance Co'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.

Progressive Life Insurance Co's Price-to-Tangible-Book Distribution in the Insurance Industry

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

* The bar in red indicates where Progressive Life Insurance Co's Price-to-Tangible-Book falls into.

Progressive Life Insurance Co Price-to-Tangible-Book Calculation

Progressive Life Insurance Co's price-to-tangible-book ratio for today 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.

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

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.

Progressive Life Insurance Co Price-to-Tangible-Book Related Terms

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

Progressive Life Insurance Co (DHA:PROGRESLIF) Business Description