Swiss Life Holding AG (XSWX:SLHN) PB Ratio

: 2.04 (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), Swiss Life Holding AG's share price is CHF608.20. Swiss Life Holding AG's Book Value per Share for the quarter that ended in Jun. 2023 was CHF298.20. Hence, Swiss Life Holding AG's PB Ratio of today is 2.04.

Warning Sign:

Swiss Life Holding AG stock PB Ratio (=2.08) is close to 10-year high of 2.08

The historical rank and industry rank for Swiss Life Holding AG's PB Ratio or its related term are showing as below:

XSWX:SLHN' s PB Ratio Range Over the Past 10 Years
Min: 0.43 Med: 0.79 Max: 2.09
Current: 2.04

During the past 13 years, Swiss Life Holding AG's highest PB Ratio was 2.09. The lowest was 0.43. And the median was 0.79.

XSWX:SLHN's PB Ratio is ranked worse than
75.83% of 484 companies
in the Insurance industry
Industry Median: 1.19 vs XSWX:SLHN: 2.04

During the past 12 months, Swiss Life Holding AG's average Book Value Per Share Growth Rate was -16.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -12.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Swiss Life Holding AG was 15.20% per year. The lowest was -12.50% per year. And the median was 6.20% per year.

Back to Basics: PB Ratio

Swiss Life Holding AG PB Ratio Historical Data

The historical data trend for Swiss Life Holding AG'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.

Swiss Life Holding AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

PB Ratio

0.86

0.95

0.76

1.05

1.39

Swiss Life Holding AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
PB Ratio																0.85	1.05	1.31	1.39	1.75

Competitive Comparison

For the Insurance - Diversified subindustry, Swiss Life Holding AG'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.

Swiss Life Holding AG PB Ratio Distribution

For the Insurance industry and Financial Services sector, Swiss Life Holding AG's PB Ratio distribution charts can be found below:

* The bar in red indicates where Swiss Life Holding AG's PB Ratio falls into.

Swiss Life Holding AG 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.

Swiss Life Holding AG's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	608.20	/	298.204
	=	2.04

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.

Swiss Life Holding AG (XSWX:SLHN) 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.

Swiss Life Holding AG PB Ratio Related Terms

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Swiss Life Holding AG (XSWX:SLHN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Swiss Life Holding AG (XSWX:SLHN) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

SZLMY:USA SWSDF:USA SLHNz:UK 0QMG:UK SLW1:Germany SLHNE:Switzerland

Address

General-Guisan-Quai 40, P.O. Box 2831, Zurich, CHE, CH-8022

Website

https://www.swisslife.com

Swiss Life is predominantly a life and long-term savings company that generates the main share of its revenue and earnings from its domestic market of Switzerland. The company also operates in France, Germany, and a few smaller, but wealthy European markets. The company also has an asset manager. Swiss Life has three main sources of income that vary in importance by geography. Savings income relates to spread-based earnings, the risk result relates to an insurance margin, and the fee result relates to asset management and its financial advisor network. The fee result has been growing in importance over recent years as a result of advice, unit-linked sales, and third-party asset management.

Swiss Life Holding AG (XSWX:SLHN) Headlines

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