NN Group NV (FRA:2NN) PB Ratio

: 0.55 (As of Today)

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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 (2024-04-19), NN Group NV's share price is €42.63. NN Group NV's Book Value per Share for the quarter that ended in Dec. 2023 was €76.83. Hence, NN Group NV's PB Ratio of today is 0.55.

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

FRA:2NN' s PB Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.46 Max: 0.69
Current: 0.56

During the past 13 years, NN Group NV's highest PB Ratio was 0.69. The lowest was 0.22. And the median was 0.46.

FRA:2NN's PB Ratio is ranked better than
86.57% of 484 companies
in the Insurance industry
Industry Median: 1.19 vs FRA:2NN: 0.56

During the past 12 months, NN Group NV's average Book Value Per Share Growth Rate was 2.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -14.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NN Group NV was 22.10% per year. The lowest was -14.80% per year. And the median was 2.90% per year.

Back to Basics: PB Ratio

NN Group NV PB Ratio Historical Data

The historical data trend for NN Group NV'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.

NN Group NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

0.34

0.29

0.63

0.51

0.47

NN Group NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio																0.63	0.61	0.51	0.46	0.47

Competitive Comparison

For the Insurance - Diversified subindustry, NN Group NV'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.

NN Group NV PB Ratio Distribution

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

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

NN Group NV 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	42.63	/	76.827
	=	0.55

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.

NN Group NV (FRA:2NN) 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.

NN Group NV PB Ratio Related Terms

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NN Group NV (FRA:2NN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NN Group NV (FRA:2NN) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

NNGRY:USA NNGPF:USA NN:Netherlands NNa:UK 0QVV:UK 2NN:Germany NN:Austria

Address

Schenkkade 65, The Hague, ZH, NLD, 2595 AS

Website

https://www.nn-group.com

Nationale Nederlanden Group is a European insurance company that primarily sells long-term savings in the Netherlands. The business is made up of four divisions: Netherlands life; Netherlands nonlife; insurance Europe; and Japan life. The Netherlands life business is the biggest division of the company and tends to generate around three quarters of operating income. That business sells traditional spread-based long-term savings and the new style-defined contribution savings products. Since 2022, assets that are managed to support the traditional savings products and in-house part of defined contribution products are managed by Goldman Sachs. Since around 2013, NN has managed its individual life insurance business as being closed to new business.

NN Group NV (FRA:2NN) Headlines

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