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Great-West Lifeco (TSX:GWO.PR.O.PFD) PB Ratio

: (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 (2024-04-24), Great-West Lifeco's share price is C$11.05. Great-West Lifeco's Book Value per Share for the quarter that ended in Dec. 2023 was C$0.00. Hence, Great-West Lifeco's PB Ratio of today is .

Good Sign:

Great-West Lifeco Inc stock PB Ratio (=1.56) is close to 1-year low of 1.45

The historical rank and industry rank for Great-West Lifeco's PB Ratio or its related term are showing as below:

TSX:GWO.PR.O.PFD' s PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.64   Max: 2.32
Current: 1.56

During the past 13 years, Great-West Lifeco's highest PB Ratio was 2.32. The lowest was 0.89. And the median was 1.64.

TSX:GWO.PR.O.PFD's PB Ratio is ranked worse than
63.3% of 485 companies
in the Insurance industry
Industry Median: 1.21 vs TSX:GWO.PR.O.PFD: 1.56

During the past 12 months, Great-West Lifeco's average Book Value Per Share Growth Rate was 3.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Great-West Lifeco was 19.70% per year. The lowest was -1.00% per year. And the median was 6.30% per year.

Back to Basics: PB Ratio


Great-West Lifeco PB Ratio Historical Data

The historical data trend for Great-West Lifeco'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.

Great-West Lifeco Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
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Great-West Lifeco Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison

For the Insurance - Life subindustry, Great-West Lifeco'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.


Great-West Lifeco PB Ratio Distribution

For the Insurance industry and Financial Services sector, Great-West Lifeco's PB Ratio distribution charts can be found below:

* The bar in red indicates where Great-West Lifeco's PB Ratio falls into.



Great-West Lifeco 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.

Great-West Lifeco's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=11.05/
=

* 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.


Great-West Lifeco  (TSX:GWO.PR.O.PFD) 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.


Great-West Lifeco PB Ratio Related Terms

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


Great-West Lifeco (TSX:GWO.PR.O.PFD) Business Description

Address
100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3
Great-West Lifeco provides life insurance, health insurance, retirement products, asset management, recordkeeping services, and reinsurance products in Canada, the United States, and Europe. The Canada business contributes approximately 35% of adjusted earnings and has leading market positions in group insurance, group retirement, and individual insurance. The company operates the second-largest recordkeeping business under the Empower brand in the United States, with an earnings contribution from the country approximating 20%. Great-West Lifeco also offers various products across Europe markets with a strong presence in the U.K., Ireland, and Germany. The Europe segment contributes around 28% of adjusted earnings and the reinsurance business accounts for around 17% of adjusted earnings.

Great-West Lifeco (TSX:GWO.PR.O.PFD) Headlines

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