MS&AD Insurance Group Holdings (MS&AD Insurance Group Holdings) Price-to-Tangible-Book : 1.22 (As of Apr. 26, 2024)

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What is MS&AD Insurance Group Holdings Price-to-Tangible-Book?

As of today (2024-04-26), MS&AD Insurance Group Holdings's share price is $18.015. MS&AD Insurance Group Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $14.73. Hence, MS&AD Insurance Group Holdings's Price to Tangible Book Ratio of today is 1.22.

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

MSADY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.62 Med: 0.83 Max: 1.36
Current: 1.33

During the past 13 years, MS&AD Insurance Group Holdings's highest Price to Tangible Book Ratio was 1.36. The lowest was 0.62. And the median was 0.83.

MSADY's Price-to-Tangible-Book is ranked better than
51.31% of 458 companies
in the Insurance industry
Industry Median: 1.335 vs MSADY: 1.33

A closely related ratio is called PB Ratio. As of today, MS&AD Insurance Group Holdings's share price is $18.015. MS&AD Insurance Group Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $16.92. Hence, MS&AD Insurance Group Holdings's P/B Ratio of today is 1.06.

MS&AD Insurance Group Holdings Price-to-Tangible-Book Historical Data

The historical data trend for MS&AD Insurance Group Holdings'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.

MS&AD Insurance Group Holdings Price-to-Tangible-Book Chart

MS&AD Insurance Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.90

0.84

0.67

0.75

0.88

MS&AD Insurance Group Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.96	0.88	0.87	0.94	0.89

Competitive Comparison of MS&AD Insurance Group Holdings's Price-to-Tangible-Book

For the Insurance - Property & Casualty subindustry, MS&AD Insurance Group Holdings'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.

MS&AD Insurance Group Holdings's Price-to-Tangible-Book Distribution in the Insurance Industry

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

* The bar in red indicates where MS&AD Insurance Group Holdings's Price-to-Tangible-Book falls into.

MS&AD Insurance Group Holdings Price-to-Tangible-Book Calculation

MS&AD Insurance Group Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	18.015	/	14.726
	=	1.22

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.

MS&AD Insurance Group Holdings Price-to-Tangible-Book Related Terms

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

MS&AD Insurance Group Holdings (MS&AD Insurance Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » MS&AD Insurance Group Holdings Inc (OTCPK:MSADY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MSADF:USA 8725:Japan

Address

Yaesu First Financial Building, Yaesu 1-3-7, Chuo-ku, Tokyo, JPN, 103-0028

Website

http://www.ms-ad-hd.com

MS&AD is Japan's second-biggest nonlife insurer, trailing industry leader Tokio Marine in the scale of global operations although not in Japan. Like Tokio Marine and Sompo, MS&AD has grown into a second-tier presence in the domestic life insurance market since life and non-life insurance were mutually deregulated in 1996. Overseas, it is less focused on the U.S. market than its two Japanese rivals and more focused on emerging Asia, but its acquisition of Lloyd's syndicate Amlin in 2017 has increased its exposure to the European and North American markets. MS&AD has historical business connections with the Mitsui and Sumitomo groups (the 'MS' in the company name) and has a long-term partnership with Toyota Motor that is advantageous in acquiring auto insurance customers.