AIA Group (AIA Group) Price-to-Tangible-Book

: 1.81 (As of Today)

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As of today (2024-04-15), AIA Group's share price is $23.84. AIA Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $13.20. Hence, AIA Group's Price to Tangible Book Ratio of today is 1.81.

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

AAGIY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.84 Med: 2.45 Max: 3.76
Current: 1.85

During the past 13 years, AIA Group's highest Price to Tangible Book Ratio was 3.76. The lowest was 1.84. And the median was 2.45.

AAGIY's Price-to-Tangible-Book is ranked worse than
64.71% of 459 companies
in the Insurance industry
Industry Median: 1.36 vs AAGIY: 1.85

A closely related ratio is called PB Ratio. As of today, AIA Group's share price is $23.84. AIA Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $14.47. Hence, AIA Group's P/B Ratio of today is 1.65.

AIA Group Price-to-Tangible-Book Historical Data

The historical data trend for AIA Group'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.

AIA Group Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

2.43

2.45

2.12

3.15

2.63

AIA Group Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book																2.12	3.47	3.15	3.07	2.63

Competitive Comparison

For the Insurance - Life subindustry, AIA Group'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.

AIA Group Price-to-Tangible-Book Distribution

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

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

AIA Group Price-to-Tangible-Book Calculation

AIA Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	23.84	/	13.201
	=	1.81

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

AIA Group Price-to-Tangible-Book Related Terms

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

AIA Group (AIA Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » AIA Group Ltd (OTCPK:AAGIY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

AAIGF:USA 1299:Mexico 01299:Hong Kong 7A2S:Germany 7A2:Germany 7A2:Germany

Address

No. 1 Connaught Road Central, 35th Floor, AIA Central, Hong Kong, HKG

Website

https://www.aia.com

AIA is one of the largest pan-Asian insurance providers with a wide range of products including retirement savings plans, life insurance, and accident and health insurance. The company is headquartered in Hong Kong. It was previously part of AIG and went for a separate listing in Hong Kong in 2010. The firm also provides employee benefits, credit life, and pension services to corporate clients. AIA is present in 18 markets and serves the holders of more than 30 million individual policies and over 16 million participating members of group insurance schemes.

AIA Group (AIA Group) Headlines

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