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First American Financial (First American Financial) Price-to-Tangible-Book : 2.52 (As of Apr. 26, 2024)


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What is First American Financial Price-to-Tangible-Book?

As of today (2024-04-26), First American Financial's share price is $54.6856. First American Financial's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $21.67. Hence, First American Financial's Price to Tangible Book Ratio of today is 2.52.

The historical rank and industry rank for First American Financial's Price-to-Tangible-Book or its related term are showing as below:

FAF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.07   Med: 2.82   Max: 3.66
Current: 2.52

During the past 13 years, First American Financial's highest Price to Tangible Book Ratio was 3.66. The lowest was 2.07. And the median was 2.82.

FAF's Price-to-Tangible-Book is ranked worse than
75.98% of 458 companies
in the Insurance industry
Industry Median: 1.335 vs FAF: 2.52

A closely related ratio is called PB Ratio. As of today, First American Financial's share price is $54.6856. First American Financial's Book Value per Sharefor the quarter that ended in Dec. 2023 was $47.02. Hence, First American Financial's P/B Ratio of today is 1.16.


First American Financial Price-to-Tangible-Book Historical Data

The historical data trend for First American Financial'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.

First American Financial Price-to-Tangible-Book Chart

First American Financial 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 2.52 2.07 2.54 2.67 2.97

First American Financial 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 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 2.67 2.71 2.73 3.04 2.97

Competitive Comparison of First American Financial's Price-to-Tangible-Book

For the Insurance - Specialty subindustry, First American Financial'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.


First American Financial's Price-to-Tangible-Book Distribution in the Insurance Industry

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

* The bar in red indicates where First American Financial's Price-to-Tangible-Book falls into.



First American Financial Price-to-Tangible-Book Calculation

First American Financial's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=54.6856/21.672
=2.52

* 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.


First American Financial Price-to-Tangible-Book Related Terms

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


First American Financial (First American Financial) Business Description

Traded in Other Exchanges
N/A
Address
1 First American Way, Santa Ana, CA, USA, 92707-5913
First American Financial Corp is a financial services business providing insurance through two segments: title insurance and related services and specialty insurance. Title insurance and related services include real estate insurance, property closing services, third-party handling of real estate funds (escrow), risk mitigation, real estate data products, and related real estate transaction services. The title insurance sector serves residential and commercial deals. Specialty insurance includes property insurance policies, casualty insurance policies, and home warranties. Nearly all the company's revenue comes from the title insurance and related services segment in the United States.
Executives
Steven A Adams officer: VP & Chief Accounting Officer 2260 E IMPERIAL HIGHWAY, EL SEGUNDO X1 90245
Christopher Michael Leavell officer: COO of Subsidiary 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Marsha A Spence director 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Kenneth D Degiorgio director, officer: Executive Vice President
Lisa W Cornehl officer: SVP, Chief Legal Officer 1 FIRST AMERICAN WAY, SANTA ANA CA 92886
Jean C Latorre director 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Mark C Oman director ONE HOME CAMPUS X2401-06X, DES MOINES IA 50328
Mark Edward Seaton officer: Senior Vice President 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Matthew F. Wajner officer: Chief Accounting Officer 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Martha B Wyrsch director
Dennis J Gilmore officer: Chief Executive Officer 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Reginald Harold Gilyard director 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Parker S Kennedy director, officer: Executive Chairman 114 EAST FIFTH STREET, SANTA ANA CA 92701
James L Doti director
Margaret M Mccarthy director AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156

First American Financial (First American Financial) Headlines

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