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Aspen Insurance Holdings (Aspen Insurance Holdings) PB Ratio : 1.19 (As of Apr. 25, 2024)


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What is Aspen Insurance Holdings 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 (2024-04-25), Aspen Insurance Holdings's share price is $42.74. Aspen Insurance Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $36.00. Hence, Aspen Insurance Holdings's PB Ratio of today is 1.19.

Good Sign:

Aspen Insurance Holdings Ltd stock PB Ratio (=1.35) is close to 3-year low of 1.35

Warning Sign:

Aspen Insurance Holdings Ltd stock PB Ratio (=1.35) is close to 10-year high of 1.35

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

AHL' s PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.83   Max: 1.35
Current: 1.35

During the past 13 years, Aspen Insurance Holdings's highest PB Ratio was 1.35. The lowest was 0.52. And the median was 0.83.

AHL's PB Ratio is not ranked
in the Insurance industry.
Industry Median: 1.215 vs AHL: 1.35

During the past 12 months, Aspen Insurance Holdings's average Book Value Per Share Growth Rate was -29.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Aspen Insurance Holdings was 16.30% per year. The lowest was -14.90% per year. And the median was 9.65% per year.

Back to Basics: PB Ratio


Aspen Insurance Holdings PB Ratio Historical Data

The historical data trend for Aspen Insurance 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.

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Aspen Insurance Holdings PB Ratio Chart

Aspen Insurance Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
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Aspen Insurance Holdings Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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Competitive Comparison of Aspen Insurance Holdings's PB Ratio

For the Insurance - Property & Casualty subindustry, Aspen Insurance 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.


Aspen Insurance Holdings's PB Ratio Distribution in the Insurance Industry

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

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



Aspen Insurance 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=42.74/35.999
=1.19

* 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.


Aspen Insurance Holdings  (NYSE:AHL) 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.


Aspen Insurance Holdings PB Ratio Related Terms

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


Aspen Insurance Holdings (Aspen Insurance Holdings) Business Description

Traded in Other Exchanges
Address
141 Front Street, Hamilton, BMU, HM19
Aspen Insurance Holdings Ltd is a Bermudian insurance and reinsurance company. The company operates through subsidiaries that include Aspen Insurance UK, Aspen Underwriting, Aspen Bermuda, Aspen Specialty Insurance, and Aspen American Insurance Corporation. The company also has branches in Australia, Canada, Singapore, and Switzerland. The company's business is divided into two segments: Aspen Insurance and Aspen Reinsurance. Aspen Insurance consists of property and casualty insurance, marine, aviation and energy insurance, and financial and professional lines insurance. Aspen Reinsurance comprises property catastrophe reinsurance, other property reinsurance, casualty reinsurance, and specialty reinsurance.
Executives
Christian Dunleavy officer: CUO of Aspen Re C/O ASPEN INSURANCE HOLDINGS LTD, 141 FRONT STREET, HAMILTON D0 HM19
Silvia Martinez officer: Group General Counsel 30 FENCHURCH STREET, LONDON X0 EC3M 3BD
Jeffrey Bryan Astwood officer: Group Chief Investment Officer 141 FRONT STREET, HAMILTON D0 HM19
Marcus Foley officer: Group Chief Strategy Officer 141 FRONT STREET, HAMILTON D0 HM19
Polycarpos Christakis Frydas officer: Group Chief Actuary C/O ASPEN INSURANCE HOLDINGS LTD, 141 FRONT STREET, HAMILTON D0 HM19
Kane Christopher O director, officer: CEO ASPEN INSURANCE HOLDINGS LIMITED, 141 FRONT STREET, HAMILTON D0 HM19
Timothy Paul Aman officer: Group Chief Risk Officer 141 FRONT STREET, HAMILTON D0 HM19
Glyn Jones director ASPEN INSURANCE HOLDINGS LTD, 141 FRONT STREET, HAMILTON D0 HM19
Kate Vacher officer: CEO, ABL ASPEN INSURANCE HOLDINGS LIMITED, 141 FRONT STREET, HAMILTON D0 HM19
Emil Issavi officer: President and CUO, Aspen Re ASPEN INSURANCE HOLDINGS LIMITED, 141 FRONT STREET, HAMILTON D0 HM19
Gordon Ireland director C/O ASPEN INSURANCE HOLDINGS LIMITED, 141 FRONT STREET, HAMILTON D0 HM19
Scott Kirk officer: Group CFO C/O ARGO GROUP INTERNATIONAL HOLDINGS,, LTD. 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
David Alan Cohen officer: President and CUO Insurance C/O ASPEN INSURANCE HOLDINGS LTD, 141 FRONT STREET, HAMILTON D0 HM19
Gernot Lohr director C/O APOLLO MANAGEMENT, L.P.,, 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Grahame Dawe officer: Chief Accounting Officer C/O ASPEN INSURANCE HOLDINGS LTD, 141 FRONT STREET, HAMILTON D0 HM19

Aspen Insurance Holdings (Aspen Insurance Holdings) Headlines

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