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Sanlam Kenya (NAI:SLAM) PB Ratio : 1.12 (As of Jun. 22, 2024)


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What is Sanlam Kenya 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 (2024-06-22), Sanlam Kenya's share price is KES6.00. Sanlam Kenya's Book Value per Share for the quarter that ended in Jun. 2023 was KES5.36. Hence, Sanlam Kenya's PB Ratio of today is 1.12.

Good Sign:

Sanlam Kenya PLC stock PB Ratio (=1.12) is close to 5-year low of 1.1

The historical rank and industry rank for Sanlam Kenya's PB Ratio or its related term are showing as below:

NAI:SLAM' s PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.81   Max: 4.05
Current: 1.12

During the past 13 years, Sanlam Kenya's highest PB Ratio was 4.05. The lowest was 0.73. And the median was 1.81.

NAI:SLAM's PB Ratio is ranked better than
56.33% of 490 companies
in the Insurance industry
Industry Median: 1.23 vs NAI:SLAM: 1.12

During the past 12 months, Sanlam Kenya's average Book Value Per Share Growth Rate was 147.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -27.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -30.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -21.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sanlam Kenya was 22.10% per year. The lowest was -37.50% per year. And the median was -10.70% per year.

Back to Basics: PB Ratio


Sanlam Kenya PB Ratio Historical Data

The historical data trend for Sanlam Kenya'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.

Sanlam Kenya PB Ratio Chart

Sanlam Kenya Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.39 1.72 2.01 2.98 2.52

Sanlam Kenya Semi-Annual Data
Dec11 Dec12 Jun13 Dec13 Jun14 Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 Premium Member Only Premium Member Only - 2.98 5.54 2.52 1.36

Competitive Comparison of Sanlam Kenya's PB Ratio

For the Insurance - Life subindustry, Sanlam Kenya'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.


Sanlam Kenya's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Sanlam Kenya's PB Ratio distribution charts can be found below:

* The bar in red indicates where Sanlam Kenya's PB Ratio falls into.



Sanlam Kenya 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.

Sanlam Kenya's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=6.00/5.356
=1.12

* 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 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.


Sanlam Kenya  (NAI:SLAM) 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.


Sanlam Kenya PB Ratio Related Terms

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


Sanlam Kenya (NAI:SLAM) Business Description

Traded in Other Exchanges
N/A
Address
Sanlam Tower, Waiyaki Way, P.O Box 44041, Westlands, Nairobi, KEN, 00100
Sanlam Kenya PLC is engaged in the underwriting of all classes of long-term and short-term insurance businesses through its subsidiaries. The reporting business segments of the company are the Ordinary life insurance segment offers individual life insurance products; the Superannuation segment deals with group insurance schemes; the General insurance segment offers general insurance products, and the Investments segment provides investment management services. The company generates all its revenue from Kenya.