As of today (2024-04-26), PartnerRe's share price is $140.52. PartnerRe's Tangible Book per Share of Dec. 2020 for the quarter that ended in Dec. 2020 was $140.50. Hence, PartnerRe's Price to Tangible Book Ratio of today is 1.00.
The historical rank and industry rank for PartnerRe's Price-to-Tangible-Book or its related term are showing as below:
PRE'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.72 Med: 1.04 Max: 1.52
Current: 1
During the past 13 years, PartnerRe's highest Price to Tangible Book Ratio was 1.52. The lowest was 0.72. And the median was 1.04.
PRE's Price-to-Tangible-Book is not ranked
in the Insurance industry.
Industry Median: 1.335
vs PRE: 1.00
A closely related ratio is called PB Ratio. As of today, PartnerRe's share price is $140.52. PartnerRe's Book Value per Sharefor the quarter that ended in Dec. 2020 was $152.27. Hence, PartnerRe's P/B Ratio of today is 0.92.
PartnerRe Price-to-Tangible-Book Historical Data
The historical data trend for PartnerRe'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.
Competitive Comparison of PartnerRe's Price-to-Tangible-Book
For the Insurance - Reinsurance subindustry, PartnerRe'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.
PartnerRe's Price-to-Tangible-Book Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, PartnerRe's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where PartnerRe's Price-to-Tangible-Book falls into.
PartnerRe Price-to-Tangible-Book Calculation
PartnerRe's price-to-tangible-book ratio for today is calculated as:
* 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.
PartnerRe Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of PartnerRe's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
PartnerRe Ltd is a Bermuda-based holding company for international reinsurance groups, including Partner Reinsurance Company, Partner Reinsurance Europe SE, Partner Reinsurance Company of the U.S., and Partner Reinsurance Asia. PartnerRe reinsures risks include property, casualty, motor, agriculture, aviation/space, catastrophe, credit/surety, engineering, energy, marine, specialty property, specialty casualty, multiline and other lines, mortality, longevity, accident and health, and alternative risk products. It operates through the following segments the P&C segment, the Specialty segment under the non-life division, and the Life and Health segment. PartnerRe derives the majority of its revenue from the non-life business division.
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