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Brookfield Reinsurance (Brookfield Reinsurance) PB Ratio

: 0.79 (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 (2024-04-23), Brookfield Reinsurance's share price is $40.40. Brookfield Reinsurance's Book Value per Share for the quarter that ended in Dec. 2023 was $51.19. Hence, Brookfield Reinsurance's PB Ratio of today is 0.79.

Good Sign:

Brookfield Reinsurance Ltd stock PB Ratio (=0.79) is close to 3-year low of 0.75

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

BNRE' s PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.01   Max: 2.63
Current: 0.8

During the past 6 years, Brookfield Reinsurance's highest PB Ratio was 2.63. The lowest was 0.75. And the median was 1.01.

BNRE's PB Ratio is ranked better than
73.61% of 485 companies
in the Insurance industry
Industry Median: 1.21 vs BNRE: 0.80

During the past 12 months, Brookfield Reinsurance's average Book Value Per Share Growth Rate was 52.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 161.90% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Brookfield Reinsurance was 161.90% per year. The lowest was 144.10% per year. And the median was 153.00% per year.

Back to Basics: PB Ratio


Brookfield Reinsurance PB Ratio Historical Data

The historical data trend for Brookfield Reinsurance'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.

Brookfield Reinsurance Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - - 1.22 0.94 0.79

Brookfield Reinsurance Quarterly Data
Dec18 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 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 0.94 0.94 0.92 0.86 0.79

Competitive Comparison

For the Insurance - Reinsurance subindustry, Brookfield Reinsurance'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.


Brookfield Reinsurance PB Ratio Distribution

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

* The bar in red indicates where Brookfield Reinsurance's PB Ratio falls into.



Brookfield Reinsurance 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.

Brookfield Reinsurance's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=40.40/51.187
=0.79

* 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.


Brookfield Reinsurance  (NYSE:BNRE) 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.


Brookfield Reinsurance PB Ratio Related Terms

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


Brookfield Reinsurance (Brookfield Reinsurance) Business Description

Traded in Other Exchanges
Address
94 Pitts Bay Road, Ideation House, First Floor, Pembroke, BMU, HM08
Brookfield Reinsurance Ltd owns and operates a reinsurance business focused on providing capital-based solutions to insurance companies and their stakeholders. The company offers a broad range of insurance products and services, including life insurance and annuities, and personal and commercial property and casualty insurance.