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ZURVY (Zurich Insurance Group AG) PB Ratio : 3.71 (As of Dec. 15, 2024)


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What is Zurich Insurance Group AG 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 (2024-12-15), Zurich Insurance Group AG's share price is $31.04. Zurich Insurance Group AG's Book Value per Share for the quarter that ended in Jun. 2024 was $8.38. Hence, Zurich Insurance Group AG's PB Ratio of today is 3.71.

Warning Sign:

Zurich Insurance Group AG stock PB Ratio (=3.69) is close to 10-year high of 3.74

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

ZURVY' s PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.59   Max: 3.74
Current: 3.69

During the past 13 years, Zurich Insurance Group AG's highest PB Ratio was 3.74. The lowest was 0.95. And the median was 1.59.

ZURVY's PB Ratio is ranked worse than
86.25% of 480 companies
in the Insurance industry
Industry Median: 1.3 vs ZURVY: 3.69

During the past 12 months, Zurich Insurance Group AG's average Book Value Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -13.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Zurich Insurance Group AG was 16.00% per year. The lowest was -27.00% per year. And the median was -1.10% per year.

Back to Basics: PB Ratio


Zurich Insurance Group AG PB Ratio Historical Data

The historical data trend for Zurich Insurance Group AG'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.

Zurich Insurance Group AG PB Ratio Chart

Zurich Insurance Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.73 1.64 2.24 2.75 3.03

Zurich Insurance Group AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only 2.32 2.75 2.94 3.03 3.19

Competitive Comparison of Zurich Insurance Group AG's PB Ratio

For the Insurance - Diversified subindustry, Zurich Insurance Group AG'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.


Zurich Insurance Group AG's PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Zurich Insurance Group AG's PB Ratio falls into.



Zurich Insurance Group AG 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.

Zurich Insurance Group AG's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=31.04/8.375
=3.71

* 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.


Zurich Insurance Group AG  (OTCPK:ZURVY) 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.


Zurich Insurance Group AG PB Ratio Related Terms

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


Zurich Insurance Group AG Business Description

Address
Mythenquai 2, Corporate Center, Zurich, CHE, 8002
Zurich is a multiline insurer that writes business across both life and nonlife insurance and also owns Farmers Management Services. The company was founded in 1872 as a marine reinsurer to provide reinsurance to its parent company. Zurich subsequently expanded into transport and accident insurance and then rode the wave of transport technology innovation that drove rising demand for insurance. One of Zurich's early principles was that setting prices too low would result in unfair claims handling, which would be damaging to both customers and Zurich. Over the years, Zurich has sought to combine customer goodwill through claims and a sufficient premium. Zurich is one of the most successful European insurers.