GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CATCo Reinsurance Opportunities Fund Ltd (LSE:CAT) » Definitions » PB Ratio

CATCo Reinsurance Opportunities Fund (LSE:CAT) PB Ratio : 0.34 (As of Apr. 03, 2025)


View and export this data going back to 2010. Start your Free Trial

What is CATCo Reinsurance Opportunities Fund PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2025-04-03), CATCo Reinsurance Opportunities Fund's share price is $37.50. CATCo Reinsurance Opportunities Fund's Book Value per Share for the quarter that ended in Jun. 2024 was $110.52. Hence, CATCo Reinsurance Opportunities Fund's PB Ratio of today is 0.34.

Good Sign:

CATCo Reinsurance Opportunities Fund Ltd stock PB Ratio (=0.34) is close to 2-year low of 0.32.

The historical rank and industry rank for CATCo Reinsurance Opportunities Fund's PB Ratio or its related term are showing as below:

LSE:CAT' s PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.52   Max: 6.54
Current: 0.34

During the past 8 years, CATCo Reinsurance Opportunities Fund's highest PB Ratio was 6.54. The lowest was 0.06. And the median was 0.52.

LSE:CAT's PB Ratio is not ranked
in the Asset Management industry.
Industry Median: 0.91 vs LSE:CAT: 0.34

During the past 12 months, CATCo Reinsurance Opportunities Fund's average Book Value Per Share Growth Rate was 96.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 483.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 207.90% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of CATCo Reinsurance Opportunities Fund was 483.70% per year. The lowest was -37.60% per year. And the median was -3.60% per year.

Back to Basics: PB Ratio


CATCo Reinsurance Opportunities Fund PB Ratio Historical Data

The historical data trend for CATCo Reinsurance Opportunities Fund's PB Ratio 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.

CATCo Reinsurance Opportunities Fund PB Ratio Chart

CATCo Reinsurance Opportunities Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 0.56 0.59 0.69 0.06 0.32

CATCo Reinsurance Opportunities Fund Semi-Annual Data
Jun12 Jun13 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
PB Ratio Get a 7-Day Free Trial 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 0.22 0.06 0.43 0.32 0.22

Competitive Comparison of CATCo Reinsurance Opportunities Fund's PB Ratio

For the Asset Management subindustry, CATCo Reinsurance Opportunities Fund's PB Ratio, along with its competitors' market caps and PB Ratio 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.


CATCo Reinsurance Opportunities Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CATCo Reinsurance Opportunities Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where CATCo Reinsurance Opportunities Fund's PB Ratio falls into.


;
;

CATCo Reinsurance Opportunities Fund PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

CATCo Reinsurance Opportunities Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=37.50/110.516
=0.34

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


CATCo Reinsurance Opportunities Fund  (LSE:CAT) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


CATCo Reinsurance Opportunities Fund PB Ratio Related Terms

Thank you for viewing the detailed overview of CATCo Reinsurance Opportunities Fund's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


CATCo Reinsurance Opportunities Fund Business Description

Traded in Other Exchanges
N/A
Address
141 Front Street, 8th Floor East, Hamilton, BMU, HM 19
CATCo Reinsurance Opportunities Fund Ltd is a close-ended mutual fund company. The company is a feeder fund and invests all its investment proceeds directly in the CATCo Diversified Fund. The company's investment objective is to allow its shareholders to participate in the returns from investments linked to catastrophe reinsurance risks.