Coface (XPAR:COFA) Price-to-Tangible-Book

: 1.25 (As of Today)

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As of today (2024-04-15), Coface's share price is €14.65. Coface's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was €11.75. Hence, Coface's Price to Tangible Book Ratio of today is 1.25.

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

XPAR:COFA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.52 Med: 0.88 Max: 1.25
Current: 1.25

During the past 13 years, Coface's highest Price to Tangible Book Ratio was 1.25. The lowest was 0.52. And the median was 0.88.

XPAR:COFA's Price-to-Tangible-Book is ranked better than
54.47% of 459 companies
in the Insurance industry
Industry Median: 1.36 vs XPAR:COFA: 1.25

A closely related ratio is called PB Ratio. As of today, Coface's share price is €14.65. Coface's Book Value per Sharefor the quarter that ended in Sep. 2023 was €13.32. Hence, Coface's P/B Ratio of today is 1.10.

Coface Price-to-Tangible-Book Historical Data

The historical data trend for Coface'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.

Coface Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

0.76

0.97

0.70

0.98

1.05

Coface Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book																0.85	1.05	1.05	1.12	1.03

Competitive Comparison

For the Insurance - Reinsurance subindustry, Coface'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.

Coface Price-to-Tangible-Book Distribution

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

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

Coface Price-to-Tangible-Book Calculation

Coface's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	14.65	/	11.754
	=	1.25

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.

Coface Price-to-Tangible-Book Related Terms

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

Coface (XPAR:COFA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Coface SA (XPAR:COFA) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

COFAF:USA CFACY:USA 0QVK:UK 65C:Germany

Address

1, place Costes et Bellonte, CS 20003, Bois-Colombes, FRA, 92270

Website

https://www.coface.com

Coface SA is a property and casualty insurance company. The vast majority of its revenue is generated by its group reinsurance business. Most of the company's sales are generated in Europe. The company offers credit insurance products to protect companies against potentially uncollected payments from their customers. Coface's strategy focuses on risk management. The company considers merger and acquisition investment as a component of its operational growth strategy.

Coface (XPAR:COFA) Headlines

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