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Vienna Insurance Group AG (LTS:0MZX) Price-to-Tangible-Book : 0.95 (As of May. 02, 2024)


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What is Vienna Insurance Group AG Price-to-Tangible-Book?

As of today (2024-05-02), Vienna Insurance Group AG's share price is €29.25. Vienna Insurance Group AG's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €30.71. Hence, Vienna Insurance Group AG's Price to Tangible Book Ratio of today is 0.95.

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

LTS:0MZX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.78   Med: 1.02   Max: 2.05
Current: 0.95

During the past 13 years, Vienna Insurance Group AG's highest Price to Tangible Book Ratio was 2.05. The lowest was 0.78. And the median was 1.02.

LTS:0MZX's Price-to-Tangible-Book is ranked better than
68.78% of 458 companies
in the Insurance industry
Industry Median: 1.34 vs LTS:0MZX: 0.95

A closely related ratio is called PB Ratio. As of today, Vienna Insurance Group AG's share price is €29.25. Vienna Insurance Group AG's Book Value per Sharefor the quarter that ended in Dec. 2023 was €46.03. Hence, Vienna Insurance Group AG's P/B Ratio of today is 0.64.


Vienna Insurance Group AG Price-to-Tangible-Book Historical Data

The historical data trend for Vienna Insurance Group 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.

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Vienna Insurance Group AG Price-to-Tangible-Book Chart

Vienna Insurance Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 0.77 0.92 0.83 0.86

Vienna Insurance Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 1.06 0.83 0.83 0.86

Competitive Comparison of Vienna Insurance Group AG's Price-to-Tangible-Book

For the Insurance - Diversified subindustry, Vienna Insurance Group 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.


Vienna Insurance Group AG's Price-to-Tangible-Book Distribution in the Insurance Industry

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

* The bar in red indicates where Vienna Insurance Group AG's Price-to-Tangible-Book falls into.



Vienna Insurance Group AG Price-to-Tangible-Book Calculation

Vienna Insurance Group 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 )
=29.25/30.707
=0.95

* 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.


Vienna Insurance Group AG Price-to-Tangible-Book Related Terms

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


Vienna Insurance Group AG (LTS:0MZX) Business Description

Address
Schottenring 30, Vienna, AUT, 1010
Vienna Insurance Group AG is a diversified insurance company that offers property and casualty, life, and health insurance products. The company maintains its goal of consolidating market leadership in Austria while taking advantage of the growth potential in Central and Eastern Europe. The company generates most of its revenue in Austria, followed by the Czech Republic and Poland. The company considers merger and acquisition investment as a component of its operational growth strategy.

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