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ALLPH.PFD (Allstate) Price-to-Tangible-Book : 0.49 (As of Oct. 31, 2024)


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What is Allstate Price-to-Tangible-Book?

As of today (2024-10-31), Allstate's share price is $22.77. Allstate's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was $46.51. Hence, Allstate's Price to Tangible Book Ratio of today is 0.49.

The historical rank and industry rank for Allstate's Price-to-Tangible-Book or its related term are showing as below:

ALLpH.PFD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.26   Med: 1.72   Max: 3.82
Current: 1.54

During the past 13 years, Allstate's highest Price to Tangible Book Ratio was 3.82. The lowest was 1.26. And the median was 1.72.

ALLpH.PFD's Price-to-Tangible-Book is ranked worse than
83.33% of 456 companies
in the Insurance industry
Industry Median: 1.415 vs ALLpH.PFD: 1.54

A closely related ratio is called PB Ratio. As of today, Allstate's share price is $22.77. Allstate's Book Value per Sharefor the quarter that ended in Sep. 2024 was $56.03. Hence, Allstate's P/B Ratio of today is 0.41.


Allstate Price-to-Tangible-Book Historical Data

The historical data trend for Allstate's Price-to-Tangible-Book 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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Allstate Price-to-Tangible-Book Chart

Allstate Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
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Allstate Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Allstate's Price-to-Tangible-Book

For the Insurance - Property & Casualty subindustry, Allstate's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Allstate's Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Allstate's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Allstate's Price-to-Tangible-Book falls into.



Allstate Price-to-Tangible-Book Calculation

Allstate's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=22.77/46.512
=0.49

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Allstate Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Allstate's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Allstate Business Description

Address
3100 Sanders Road, Northbrook, IL, USA, 60062
Allstate is one of the largest us property-casualty insurers in the us. Personal auto represents the largest percentage of revenue, but the company offers homeowners insurance and other insurance products. Allstate products are sold in North America primarily by about 6,000 exclusive agents.