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QBE Insurance Group (QBE Insurance Group) Price-to-Tangible-Book

: 2.12 (As of Today)
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As of today (2024-04-19), QBE Insurance Group's share price is $11.10. QBE Insurance Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $5.25. Hence, QBE Insurance Group's Price to Tangible Book Ratio of today is 2.12.

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

QBIEY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.59   Med: 1.87   Max: 2.24
Current: 2.22

During the past 13 years, QBE Insurance Group's highest Price to Tangible Book Ratio was 2.24. The lowest was 1.59. And the median was 1.87.

QBIEY's Price-to-Tangible-Book is ranked worse than
73.2% of 459 companies
in the Insurance industry
Industry Median: 1.33 vs QBIEY: 2.22

A closely related ratio is called PB Ratio. As of today, QBE Insurance Group's share price is $11.10. QBE Insurance Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $6.66. Hence, QBE Insurance Group's P/B Ratio of today is 1.67.


QBE Insurance Group Price-to-Tangible-Book Historical Data

The historical data trend for QBE 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.

QBE Insurance Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.22 1.61 1.91 1.91 1.91

QBE 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 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 1.91 1.91 1.91 2.25 1.91

Competitive Comparison

For the Insurance - Property & Casualty subindustry, QBE 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.


QBE Insurance Group Price-to-Tangible-Book Distribution

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

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



QBE Insurance Group Price-to-Tangible-Book Calculation

QBE 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 )
=11.10/5.248
=2.12

* 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.


QBE Insurance Group Price-to-Tangible-Book Related Terms

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


QBE Insurance Group (QBE Insurance Group) Business Description

Traded in Other Exchanges
Address
388 George Street, Level 18, Sydney, NSW, AUS, 2000
QBE Insurance is an international property and casualty insurance company. It writes around 20% of its annual gross written premiums in its home region of Australia and New Zealand. Other key regions include North America and Europe. QBE Insurance offers a number of personal, commercial, and specialty lines, including property, auto insurance, agriculture, public/product liability, professional indemnity, workers compensation, marine, energy and aviation, and accident and health.