Swiss Re AG (Swiss Re AG) Price-to-Tangible-Book

: 2.56 (As of Today)

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As of today (2024-04-23), Swiss Re AG's share price is $107.3882. Swiss Re AG's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $41.90. Hence, Swiss Re AG's Price to Tangible Book Ratio of today is 2.56.

The historical rank and industry rank for Swiss Re AG's Price-to-Tangible-Book or its related term are showing as below:

SSREF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.92 Med: 1.16 Max: 3.04
Current: 2.71

During the past 13 years, Swiss Re AG's highest Price to Tangible Book Ratio was 3.04. The lowest was 0.92. And the median was 1.16.

SSREF's Price-to-Tangible-Book is ranked worse than
79.08% of 459 companies
in the Insurance industry
Industry Median: 1.32 vs SSREF: 2.71

A closely related ratio is called PB Ratio. As of today, Swiss Re AG's share price is $107.3882. Swiss Re AG's Book Value per Sharefor the quarter that ended in Dec. 2023 was $55.60. Hence, Swiss Re AG's P/B Ratio of today is 1.93.

Swiss Re AG Price-to-Tangible-Book Historical Data

The historical data trend for Swiss Re AG'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.

Swiss Re AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.28

1.16

1.44

3.08

2.66

Swiss Re AG 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															1.44	2.12	3.08	3.23	2.66

Competitive Comparison

For the Insurance - Reinsurance subindustry, Swiss Re AG'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.

Swiss Re AG Price-to-Tangible-Book Distribution

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

* The bar in red indicates where Swiss Re AG's Price-to-Tangible-Book falls into.

Swiss Re AG Price-to-Tangible-Book Calculation

Swiss Re AG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	107.3882	/	41.9
	=	2.56

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.

Swiss Re AG Price-to-Tangible-Book Related Terms

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

Swiss Re AG (Swiss Re AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Swiss Re AG (OTCPK:SSREF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

SSREY:USA SREN:Mexico SRENz:UK SR9A:Germany SREN:Switzerland

Address

Mythenquai 50/60, Zurich, CHE, 8022

Website

https://www.swissre.com

Swiss Re is a reinsurer that has three core divisions: property and casualty reinsurance, life and health reinsurance, and corporate solutions. Swiss Re was founded in 1863 when the general manager of Helvetia sought to stem the flow of reinsurance premiums outside Switzerland. Moritz Grossmann argued he could cut the premiums paid to foreign firms, still make a profit, and pay mid-single-digit dividends. Swiss Re is now the second-largest reinsurer in the world by market cap, has 80 offices globally, and employs nearly 15,000 people. While the business did lose its way in the early part of the millennium, led by an ex-investment banker who took the business heavily into securitizations, lately Swiss Re has been focused on establishing quality within its three core divisions.

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