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Direct Line Insurance Group (Direct Line Insurance Group) Price-to-Tangible-Book

: 1.57 (As of Today)
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As of today (2024-04-23), Direct Line Insurance Group's share price is $9.73. Direct Line Insurance Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $6.19. Hence, Direct Line Insurance Group's Price to Tangible Book Ratio of today is 1.57.

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

DIISY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.49   Med: 1.92   Max: 2.66
Current: 1.6

During the past 13 years, Direct Line Insurance Group's highest Price to Tangible Book Ratio was 2.66. The lowest was 1.49. And the median was 1.92.

DIISY's Price-to-Tangible-Book is ranked worse than
57.95% of 459 companies
in the Insurance industry
Industry Median: 1.32 vs DIISY: 1.60

A closely related ratio is called PB Ratio. As of today, Direct Line Insurance Group's share price is $9.73. Direct Line Insurance Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $9.38. Hence, Direct Line Insurance Group's P/B Ratio of today is 1.04.


Direct Line Insurance Group Price-to-Tangible-Book Historical Data

The historical data trend for Direct Line Insurance 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.

Direct Line Insurance Group 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 1.90 1.90 1.94 2.11 1.51

Direct Line Insurance Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.94 1.89 2.11 1.40 1.51

Competitive Comparison

For the Insurance - Property & Casualty subindustry, Direct Line Insurance 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.


Direct Line Insurance Group Price-to-Tangible-Book Distribution

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

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



Direct Line Insurance Group Price-to-Tangible-Book Calculation

Direct Line Insurance 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 )
=9.73/6.189
=1.57

* 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.


Direct Line Insurance Group Price-to-Tangible-Book Related Terms

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


Direct Line Insurance Group (Direct Line Insurance Group) Business Description

Traded in Other Exchanges
Address
Westmoreland Road, Churchill Court, Bromley, Kent, GBR, BR1 1DP
While Direct Line is one of the more focused personal lines insurers that we cover in Europe, it is still quite diversified. The business sells insurance under four divisions and those are personal lines motor, personal lines home, rescue and other personal lines, and commercial. Rescue and other personal lines include rescue, travel and pet insurance, and commercial insurance is sold to small and medium sized enterprises. Direct Line only sells insurance in United Kingdom. Direct Lines personal motor insurance division typically accounts for around 50% of total group gross written premium and the personal home insurance unit typically sells around 20%. Rescue and other personal lines account for around 10% and commercial insurance accounts for around 20%.

Direct Line Insurance Group (Direct Line Insurance Group) Headlines

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