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First Insurance Co (AMM:FINS) Price-to-Tangible-Book : 0.62 (As of Jun. 21, 2024)


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What is First Insurance Co Price-to-Tangible-Book?

As of today (2024-06-21), First Insurance Co's share price is JOD0.74. First Insurance Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was JOD1.20. Hence, First Insurance Co's Price to Tangible Book Ratio of today is 0.62.

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

AMM:FINS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.46   Med: 0.56   Max: 33
Current: 0.62

During the past 13 years, First Insurance Co's highest Price to Tangible Book Ratio was 33.00. The lowest was 0.46. And the median was 0.56.

AMM:FINS's Price-to-Tangible-Book is ranked better than
85.13% of 464 companies
in the Insurance industry
Industry Median: 1.35 vs AMM:FINS: 0.62

A closely related ratio is called PB Ratio. As of today, First Insurance Co's share price is JOD0.74. First Insurance Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was JOD1.22. Hence, First Insurance Co's P/B Ratio of today is 0.61.


First Insurance Co Price-to-Tangible-Book Historical Data

The historical data trend for First Insurance Co'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.

* Premium members only.

First Insurance Co Price-to-Tangible-Book Chart

First Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.54 33.00 - 11.01

First Insurance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 Premium Member Only Premium Member Only 0.56 0.56 0.60 11.01 0.64

Competitive Comparison of First Insurance Co's Price-to-Tangible-Book

For the Insurance - Diversified subindustry, First Insurance Co'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.


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

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

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



First Insurance Co Price-to-Tangible-Book Calculation

First Insurance Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.74/1.195
=0.62

* 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.


First Insurance Co Price-to-Tangible-Book Related Terms

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


First Insurance Co (AMM:FINS) Business Description

Traded in Other Exchanges
N/A
Address
King Abdullah II Street, Building No. 95, P.O. Box 189, Khalda - Dabouq Circle, Near the Medical City, Amman, JOR, 11822
First Insurance Co is a Jordan-based insurance company. It provides insurance on fire, natural hazards, accidents, medical and marine vehicles, cargo during transportation and other damage to properties, a liability of land-based vehicles, general liability, assistance insurance, and others. Its products include motor insurance, medical insurance, life insurance, and travel insurance among others; while corporate products include marine insurance, property insurance, and cash insurance among others.