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Enact Holdings PB Ratio

: 1.10 (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 (2022-08-16), Enact Holdings's share price is $27.44. Enact Holdings's Book Value per Share for the quarter that ended in Jun. 2022 was $25.06. Hence, Enact Holdings's PB Ratio of today is 1.10.

Warning Sign:

Enact Holdings Inc stock PB Ratio (=1.07) is close to 1-year high of 1.08

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

ACT' s PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 0.87   Max: 1.09
Current: 1.09

During the past 3 years, Enact Holdings's highest PB Ratio was 1.09. The lowest was 0.77. And the median was 0.87.

ACT's PB Ratio is ranked better than
55.04% of 496 companies
in the Insurance industry
Industry Median: 1.15 vs ACT: 1.09

During the past 12 months, Enact Holdings's average Book Value Per Share Growth Rate was 5.10% per year.

Back to Basics: PB Ratio


Enact Holdings PB Ratio Historical Data

The historical data trend for Enact Holdings'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.

Enact Holdings Annual Data
Trend Dec19 Dec20 Dec21
PB Ratio
- - 0.82

Enact Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
PB Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.85 0.82 0.89 0.86

Competitive Comparison

For the Insurance - Specialty subindustry, Enact Holdings'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.

   

Enact Holdings PB Ratio Distribution

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

* The bar in red indicates where Enact Holdings's PB Ratio falls into.



Enact Holdings 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.

Enact Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2022)
=27.44/25.058
=1.10

* 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.


Enact Holdings  (NAS:ACT) 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.


Enact Holdings PB Ratio Related Terms

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


Enact Holdings Business Description

Enact Holdings logo
Traded in Other Exchanges
N/A
Address
8325 Six Forks Road, Raleigh, NC, USA, 27615
Website
Enact Holdings Inc is a private mortgage insurance company serving the United States housing finance market. The principal mortgage insurance customers are originators of residential mortgage loans who determine which mortgage insurer or insurers they will use for the placement of mortgage insurance written on loans they originate. The company is engaged in the business of writing and assuming residential mortgage guaranty insurance.
Executives
Bless Michael A director C/O ROCKWELL INTERNATIONAL INC 777 E. WISCONSIN AVE #1400 MILWAUKEE WI 53202
Sheehan Daniel J Iv director 6620 WEST BROAD STREET RICHMOND VA 23230
Mitchell Hardin Dean officer: EVP, CFO and Treasurer 8325 SIX FORKS ROAD RALEIGH NC 27615
Gould Brian officer: EVP & Chief Operations Officer 8325 SIX FORKS ROAD RALEIGH NC 27615
Derstine Michael officer: EVP and Chief Risk Officer 8325 SIX FORKS ROAD RALEIGH NC 27615
Stolove Evan officer: EVP, Gen. Counsel & Secretary 8325 SIX FORKS ROAD RALEIGH NC 27615
Mcmullen James officer: Controller C/O GENWORTH MORTGAGE HOLDINGS, INC. 8325 SIX FORKS ROAD RALEIGH NC 27615
Genworth Holdings, Inc. 10 percent owner 6620 WEST BROAD STREET RICHMOND VA 23230
Gupta Rohit director, officer: President and CEO C/O GENWORTH FINANCIAL, INC. 6620 WEST BROAD STREET RICHMOND VA 23230
Waleski Anne G director 1508 WEST AVENUE RICHMOND VA 23220
Thompson Westley V director THE PHOENIX COMPANIES, INC. ONE AMERICAN ROW HARTFORD CT 06102
Mcinerney Thomas J director 6620 WEST BROAD STREET RICHMOND VA 23230
Still Debra director 520 MADISON AVE, 32ND FL C/O CHIMERA INVESTMENT CORPORATION NEW YORK NY 10022
Hooda Sheila director C/O VIRTUS INVESTMENT PARTNERS, INC. 100 PEARL STREET HARTFORD CT 06103
Fisk John D director C/O AGNC INVESTMENT CORP. 2 BETHESDA METRO CENTER, 12TH FLOOR BETHESDA MD 20814

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