Investors Title Co (Investors Title Co) Price-to-Tangible-Book : 1.31 (As of Apr. 26, 2024)

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What is Investors Title Co Price-to-Tangible-Book?

As of today (2024-04-26), Investors Title Co's share price is $162.88. Investors Title Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $124.46. Hence, Investors Title Co's Price to Tangible Book Ratio of today is 1.31.

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

ITIC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.08 Med: 1.59 Max: 2.25
Current: 1.31

During the past 13 years, Investors Title Co's highest Price to Tangible Book Ratio was 2.25. The lowest was 1.08. And the median was 1.59.

ITIC's Price-to-Tangible-Book is ranked better than
50.66% of 458 companies
in the Insurance industry
Industry Median: 1.335 vs ITIC: 1.31

A closely related ratio is called PB Ratio. As of today, Investors Title Co's share price is $162.88. Investors Title Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was $133.05. Hence, Investors Title Co's P/B Ratio of today is 1.22.

Investors Title Co Price-to-Tangible-Book Historical Data

The historical data trend for Investors Title Co'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.

Investors Title Co Price-to-Tangible-Book Chart

Investors Title Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.66

1.52

1.75

1.25

1.30

Investors Title Co Quarterly Data
	Mar19	Jun19	Sep19	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															1.25	1.28	1.20	1.18	1.30

Competitive Comparison of Investors Title Co's Price-to-Tangible-Book

For the Insurance - Specialty subindustry, Investors Title 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.

Investors Title Co's Price-to-Tangible-Book Distribution in the Insurance Industry

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

* The bar in red indicates where Investors Title Co's Price-to-Tangible-Book falls into.

Investors Title Co Price-to-Tangible-Book Calculation

Investors Title Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	162.88	/	124.459
	=	1.31

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.

Investors Title Co Price-to-Tangible-Book Related Terms

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

Investors Title Co (Investors Title Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Investors Title Co (NAS:ITIC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

121 North Columbia Street, Chapel Hill, NC, USA, 27514

Website

https://www.invtitle.com

Investors Title Co along with its subsidiaries is engaged in the issuance of residential and commercial title insurance through ITIC and NITIC. It also provides tax-deferred real property exchange services, investment management, and trust services, and management services to title insurance agencies. The company generates its revenue from interest and dividends.

Executives

James E Scott	director	121 NORTH COLUMBIA STREET, CHAPEL HILL NC 27514
Parker, Jr. Elton C.	director	121 N COLUMBIA STREET, P O DRAWER 2687, CHAPEL HILL NC 27514
Tammy Coley	director	121 N COLUMBIA STREET, P O DRAWER 2687, CHAPEL HILL NC 27514
Fine James A Jr	director, officer: President, Treasurer
Markel Gayner Asset Management Corp	10 percent owner	4521 HIGHWOODS PKWY, GLEN ALLEN VA 23060
Timothy B Murphy	officer: Chief Executive Officer	230 BROADWAY, LYNNFIELD MA 01940
Markel Corp	10 percent owner	4521 HIGHWOODS PKWY, GLEN ALLEN VA 23060
Markel American Insurance Co	10 percent owner	4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Essex Insurance Co	10 percent owner
Evanston Insurance Co	10 percent owner
R Horace Johnson	director	3317 LANDOR ROAD, RALEIGH NC 27609
Speed James H. Jr.	director	11032 BRASS KETTLE ROAD, RALEIGH NC 27614
Hutson Richard M Ii	director	PO BOX 2687, CHAPEL HILL NC 27515
W Morris Fine	director, officer: Executive Vice President
J Allen Fine	director, 10 percent owner, officer: Chief Executive Officer	121 NORTH COLUMBIA ST, INVESTORS TITLE CO, CHAPEL HILL NC 97514