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Gjensidige Forsikring ASA Price-to-Tangible-Book

: 5.16 (As of Today)
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As of today (2021-10-16), Gjensidige Forsikring ASA's share price is $24.04. Gjensidige Forsikring ASA's Tangible Book per Share of Jun. 2021 for the quarter that ended in Jun. 2021 was $4.66. Hence, Gjensidige Forsikring ASA's Price to Tangible Book Ratio of today is 5.16.

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

OTCPK:GJNSY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.52   Med: 3.69   Max: 5.63
Current: 5.24

1.52
5.63

During the past 13 years, Gjensidige Forsikring ASA's highest Price to Tangible Book Ratio was 5.63. The lowest was 1.52. And the median was 3.69.

OTCPK:GJNSY's Price-to-Tangible-Book is ranked lower than
76% of the 169 Companies
in the Insurance industry.

( Industry Median: 1.52 vs. OTCPK:GJNSY: 5.24 )

A closely related ratio is called PB Ratio. As of today, Gjensidige Forsikring ASA's share price is $24.04. Gjensidige Forsikring ASA's Book Value per Sharefor the quarter that ended in Jun. 2021 was $5.84. Hence, Gjensidige Forsikring ASA's P/B Ratio of today is 4.12.


Gjensidige Forsikring ASA Price-to-Tangible-Book Historical Data

The historical data trend for Gjensidige Forsikring ASA'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.

Gjensidige Forsikring ASA Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.83 4.16 3.53 4.27 4.97

Gjensidige Forsikring ASA Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Price-to-Tangible-Book 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 Premium Member Only Premium Member Only Premium Member Only 3.81 5.13 4.97 5.74 5.12

Competitive Comparison

For the Insurance - Diversified subindustry, Gjensidige Forsikring ASA'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.

   

Gjensidige Forsikring ASA Price-to-Tangible-Book Distribution

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

* The bar in red indicates where Gjensidige Forsikring ASA's Price-to-Tangible-Book falls into.



Gjensidige Forsikring ASA Price-to-Tangible-Book Calculation

Gjensidige Forsikring ASA's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2021 )
=24.04/4.662
=5.16

* 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.


Gjensidige Forsikring ASA Price-to-Tangible-Book Related Terms

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


Gjensidige Forsikring ASA Business Description

Gjensidige Forsikring ASA logo
Industry
Address
Schweigaardsgate 21, Oslo, NOR, 0191
Gjensidige Forsikring is a diversified insurance company that operates in multiple business segments, including general insurance private; general insurance commercial; general insurance Denmark; general insurance Sweden; general insurance Baltics; and pension. The company provides general, accident, and health insurance products, among others. The vast majority of the company's revenue is generated from its private and commercial segments. The private segment offers a range of products in the Norwegian private market, while the commercial segment provides products to the commercial, agricultural, and municipality markets in Norway. The company considers mergers and acquisitions a component of its operational growth strategy.

Gjensidige Forsikring ASA Headlines

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