Swiss Life Holding AG (Swiss Life Holding AG) Price-to-Tangible-Book

: 2.62 (As of Today)

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As of today (2024-04-23), Swiss Life Holding AG's share price is $679.935. Swiss Life Holding AG's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $259.65. Hence, Swiss Life Holding AG's Price to Tangible Book Ratio of today is 2.62.

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

SWSDF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.77 Med: 1.01 Max: 2.74
Current: 2.74

During the past 13 years, Swiss Life Holding AG's highest Price to Tangible Book Ratio was 2.74. The lowest was 0.77. And the median was 1.01.

SWSDF's Price-to-Tangible-Book is ranked worse than
77.12% of 459 companies
in the Insurance industry
Industry Median: 1.32 vs SWSDF: 2.74

A closely related ratio is called PB Ratio. As of today, Swiss Life Holding AG's share price is $679.935. Swiss Life Holding AG's Book Value per Sharefor the quarter that ended in Dec. 2023 was $327.98. Hence, Swiss Life Holding AG's P/B Ratio of today is 2.07.

Swiss Life Holding AG Price-to-Tangible-Book Historical Data

The historical data trend for Swiss Life Holding AG'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.

Swiss Life Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.19

0.92

2.32

1.91

2.60

Swiss Life Holding AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.32	1.94	1.91	2.21	2.60

Competitive Comparison

For the Insurance - Diversified subindustry, Swiss Life Holding AG'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.

Swiss Life Holding AG Price-to-Tangible-Book Distribution

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

* The bar in red indicates where Swiss Life Holding AG's Price-to-Tangible-Book falls into.

Swiss Life Holding AG Price-to-Tangible-Book Calculation

Swiss Life Holding AG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	679.935	/	259.645
	=	2.62

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.

Swiss Life Holding AG Price-to-Tangible-Book Related Terms

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Swiss Life Holding AG (Swiss Life Holding AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Swiss Life Holding AG (OTCPK:SWSDF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

SZLMY:USA SLHNz:UK 0QMG:UK SLW1:Germany SLHNE:Switzerland SLHN:Switzerland

Address

General-Guisan-Quai 40, P.O. Box 2831, Zurich, CHE, CH-8022

Website

https://www.swisslife.com

Swiss Life is predominantly a life and long-term savings company that generates the main share of its revenue and earnings from its domestic market of Switzerland. The company also operates in France, Germany, and a few smaller, but wealthy European markets. The company also has an asset manager. Swiss Life has three main sources of income that vary in importance by geography. Savings income relates to spread-based earnings, the risk result relates to an insurance margin, and the fee result relates to asset management and its financial advisor network. The fee result has been growing in importance over recent years as a result of advice, unit-linked sales, and third-party asset management.