Great-West Lifeco (Great-West Lifeco) Price-to-Tangible-Book : 4.47 (As of May. 04, 2024)

View and export this data going back to 2009. Start your Free Trial

What is Great-West Lifeco Price-to-Tangible-Book?

As of today (2024-05-04), Great-West Lifeco's share price is $31.03. Great-West Lifeco's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $6.95. Hence, Great-West Lifeco's Price to Tangible Book Ratio of today is 4.47.

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

GWLIF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.24 Med: 3.66 Max: 5.34
Current: 4.49

During the past 13 years, Great-West Lifeco's highest Price to Tangible Book Ratio was 5.34. The lowest was 2.24. And the median was 3.66.

GWLIF's Price-to-Tangible-Book is ranked worse than
89.06% of 457 companies
in the Insurance industry
Industry Median: 1.34 vs GWLIF: 4.49

A closely related ratio is called PB Ratio. As of today, Great-West Lifeco's share price is $31.03. Great-West Lifeco's Book Value per Sharefor the quarter that ended in Mar. 2024 was $19.46. Hence, Great-West Lifeco's P/B Ratio of today is 1.59.

Great-West Lifeco Price-to-Tangible-Book Historical Data

The historical data trend for Great-West Lifeco'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.

Great-West Lifeco Price-to-Tangible-Book Chart

Great-West Lifeco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.27

3.95

5.40

4.61

4.94

Great-West Lifeco 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															5.20	4.46	4.22	4.94	4.61

Competitive Comparison of Great-West Lifeco's Price-to-Tangible-Book

For the Insurance - Life subindustry, Great-West Lifeco'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.

Great-West Lifeco's Price-to-Tangible-Book Distribution in the Insurance Industry

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

* The bar in red indicates where Great-West Lifeco's Price-to-Tangible-Book falls into.

Great-West Lifeco Price-to-Tangible-Book Calculation

Great-West Lifeco's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	31.03	/	6.946
	=	4.47

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.

Great-West Lifeco Price-to-Tangible-Book Related Terms

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

Great-West Lifeco (Great-West Lifeco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Great-West Lifeco Inc (OTCPK:GWLIF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

GWO.PR.T.PFD:Canada GWO.PR.S.PFD:Canada GWO.PR.R.PFD:Canada GWO.PR.Q.PFD:Canada GWO.PR.P.PFD:Canada GWO.PR.N.PFD:Canada GWO.PR.M.PFD:Canada GWO.PR.L.PFD:Canada GWO.PR.I.PFD:Canada GWO.PR.H.PFD:Canada GWO.PR.G.PFD:Canada GWO:Canada

Address

100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3

Website

https://www.greatwestlifeco.com

Great-West Lifeco provides life insurance, health insurance, retirement products, asset management, recordkeeping services, and reinsurance products in Canada, the United States, and Europe. The Canada business contributes approximately 35% of adjusted earnings and has leading market positions in group insurance, group retirement, and individual insurance. The company operates the second-largest recordkeeping business under the Empower brand in the United States, with an earnings contribution from the country approximating 20%. Great-West Lifeco also offers various products across Europe markets with a strong presence in the U.K., Ireland, and Germany. The Europe segment contributes around 28% of adjusted earnings and the reinsurance business accounts for around 17% of adjusted earnings.