Trisura Group (TSX:TSU) PB Ratio : 3.25 (As of Apr. 30, 2024)

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What is Trisura Group 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 (2024-04-30), Trisura Group's share price is C$42.45. Trisura Group's Book Value per Share for the quarter that ended in Dec. 2023 was C$13.06. Hence, Trisura Group's PB Ratio of today is 3.25.

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

TSX:TSU' s PB Ratio Range Over the Past 10 Years
Min: 1.19 Med: 2.71 Max: 6
Current: 3.27

During the past 8 years, Trisura Group's highest PB Ratio was 6.00. The lowest was 1.19. And the median was 2.71.

TSX:TSU's PB Ratio is ranked worse than
86.78% of 484 companies
in the Insurance industry
Industry Median: 1.21 vs TSX:TSU: 3.27

During the past 12 months, Trisura Group's average Book Value Per Share Growth Rate was 21.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 22.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 23.10% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Trisura Group was 26.00% per year. The lowest was 15.90% per year. And the median was 22.40% per year.

Back to Basics: PB Ratio

Trisura Group PB Ratio Historical Data

The historical data trend for Trisura Group'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.

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Trisura Group PB Ratio Chart

Trisura Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.87

3.16

5.36

4.20

2.60

Trisura Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															4.20	2.96	3.25	2.39	2.60

Competitive Comparison of Trisura Group's PB Ratio

For the Insurance - Specialty subindustry, Trisura Group'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.

Trisura Group's PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Trisura Group's PB Ratio falls into.

Trisura Group 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.

Trisura Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	42.45	/	13.057
	=	3.25

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Trisura Group (TSX:TSU) 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.

Trisura Group PB Ratio Related Terms

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

Trisura Group (TSX:TSU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Trisura Group Ltd (TSX:TSU) » Definitions » PB Ratio

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TRRSF:USA

Address

333 Bay Street, Suite 1610, Box 22, Toronto, ON, CAN, M5H 2R2

Website

https://www.trisura.com

Trisura Group Ltd is a Canadian-based company that engages in the provision of specialty insurance. The company's operations currently include specialty property and casualty insurance (Surety, Risk Solutions, and Corporate Insurance business lines), underwritten predominantly in Canada. The operating business segments are Trisura Guarantee, Trisura Specialty, and Trisura International. The Trisura Guarantee segment generates maximum revenue, which offers Surety, Risk Solutions, and Corporate Insurance products underwritten in Canada as well as the operations of Trisura Warranty.

Executives

Chris Yoshio Sekine

Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Trisura Group (TSX:TSU) Headlines

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