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Topdanmark A/S (OCSE:TOP) Price-to-Tangible-Book : 25.91 (As of Apr. 29, 2024)


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What is Topdanmark A/S Price-to-Tangible-Book?

As of today (2024-04-29), Topdanmark A/S's share price is kr293.00. Topdanmark A/S's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr11.31. Hence, Topdanmark A/S's Price to Tangible Book Ratio of today is 25.91.

The historical rank and industry rank for Topdanmark A/S's Price-to-Tangible-Book or its related term are showing as below:

OCSE:TOP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.77   Med: 5.35   Max: 44.5
Current: 25.91

During the past 13 years, Topdanmark A/S's highest Price to Tangible Book Ratio was 44.50. The lowest was 3.77. And the median was 5.35.

OCSE:TOP's Price-to-Tangible-Book is ranked worse than
99.13% of 459 companies
in the Insurance industry
Industry Median: 1.34 vs OCSE:TOP: 25.91

A closely related ratio is called PB Ratio. As of today, Topdanmark A/S's share price is kr293.00. Topdanmark A/S's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr57.82. Hence, Topdanmark A/S's P/B Ratio of today is 5.07.


Topdanmark A/S Price-to-Tangible-Book Historical Data

The historical data trend for Topdanmark A/S'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.

Topdanmark A/S Price-to-Tangible-Book Chart

Topdanmark A/S 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 5.60 4.29 5.61 6.42 44.50

Topdanmark A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.03 10.44 8.94 44.50 26.09

Competitive Comparison of Topdanmark A/S's Price-to-Tangible-Book

For the Insurance - Diversified subindustry, Topdanmark A/S'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.


Topdanmark A/S's Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Topdanmark A/S's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Topdanmark A/S's Price-to-Tangible-Book falls into.



Topdanmark A/S Price-to-Tangible-Book Calculation

Topdanmark A/S's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=293.00/11.309
=25.91

* 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.


Topdanmark A/S Price-to-Tangible-Book Related Terms

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


Topdanmark A/S (OCSE:TOP) Business Description

Traded in Other Exchanges
Address
Borupvang 4, Ballerup, DNK, DK-2750
Topdanmark A/S is a diversified insurance company that offers a variety of insurance products in Denmark. The company strives to maintain an expense ratio lower than the general market. Topdanmark offers life insurance, as well as non-life-insurance products that cover private households and small businesses. The company´s insurance business is segmented into three: Private offers non-life insurance policies to individual households in Denmark. This segment also includes illness and accident insurance offered through the life company; SME offers non-life insurance policies to Danish-based agricultural and SME businesses; Life offers products within life insurance and pension funds to both private and SME customers in Denmark.