As of today (2024-04-19), Assured Guaranty's share price is $77.52. Assured Guaranty's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $101.52. Hence, Assured Guaranty's Price to Tangible Book Ratio of today is 0.76.
The historical rank and industry rank for Assured Guaranty's Price-to-Tangible-Book or its related term are showing as below:
AGO'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.38 Med: 0.66 Max: 0.76
Current: 0.76
During the past 13 years, Assured Guaranty's highest Price to Tangible Book Ratio was 0.76. The lowest was 0.38. And the median was 0.66.
AGO's Price-to-Tangible-Book is ranked better than 79.52% of 459
companies
in the Insurance industry
Industry Median: 1.33
vs AGO: 0.76
A closely related ratio is called PB Ratio. As of today, Assured Guaranty's share price is $77.52. Assured Guaranty's Book Value per Sharefor the quarter that ended in Dec. 2023 was $101.62. Hence, Assured Guaranty's P/B Ratio of today is 0.76.
Assured Guaranty Price-to-Tangible-Book Historical Data
The historical data trend for Assured Guaranty'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.
Assured Guaranty Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Price-to-Tangible-Book
0.71
0.38
0.55
0.75
0.74
Assured Guaranty 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
0.75
0.57
0.62
0.67
0.74
Competitive Comparison
For the Insurance - Specialty subindustry, Assured Guaranty'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.
Assured Guaranty Price-to-Tangible-Book Distribution
For the Insurance industry and Financial Services sector, Assured Guaranty's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Assured Guaranty's Price-to-Tangible-Book falls into.
* 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.
Assured Guaranty Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Assured Guaranty's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Assured Guaranty (Assured Guaranty) Business Description
Assured Guaranty Ltd. provides credit protection products to the United States and international public finance and structured finance markets, and manages assets across collateralized loan obligations as well as opportunity funds and liquid strategy funds that build on its corporate credit, asset-based finance, municipal and healthcare experience. The company is operating in two segments Insurance segment and the Asset Management segment. The majority of the revenue earned by the company is from the Insurance segment.
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