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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.
E-L Financial Price-to-Tangible-Book Related Terms
E-L Financial Price-to-Tangible-Book Historical Data
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The historical data trend for E-L Financial'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.
ELFIF vs MET, AFL, PRU: Price-to-Tangible-Book Comparison
For the Insurance - Life subindustry, E-L Financial'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.
E-L Financial Price-to-Tangible-Book vs Insurance Industry
For the Insurance industry and Financial Services sector, E-L Financial's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where E-L Financial's Price-to-Tangible-Book falls into.
* 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.
E-L Financial (ELFIF) has a Price-to-Tangible-Book of 0.66 as of Sep. 11, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on E-L Financial and its competitors. According to the industry distribution chart, E-L Financial ranks #69 out of 470 companies in the Insurance industry, placing it in the top 14.7%.
Is E-L Financial's Price-to-Tangible-Book too high?
E-L Financial's current Price-to-Tangible-Book is 0.66. The Insurance industry median Price-to-Tangible-Book is 1.52. E-L Financial's value of 0.66 is 56.4% below this industry median. Based on the distribution chart, E-L Financial ranks #69 out of 470 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, E-L Financial has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does E-L Financial's Price-to-Tangible-Book compare to MET and AFL?
According to the Insurance industry distribution chart, E-L Financial ranks #69 out of 470 companies for Price-to-Tangible-Book. This places E-L Financial in the top 15% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 1.52. E-L Financial's value of 0.66 is 56.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for an Insurance company?
The median Price-to-Tangible-Book among Insurance companies is 1.52, based on 470 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. E-L Financial's current Price-to-Tangible-Book of 0.66 is 56.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on E-L Financial and its competitors. For the Insurance industry, the median Price-to-Tangible-Book is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E-L Financial's current Price-to-Tangible-Book is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E-L Financial stock overvalued right now?
Based on GuruFocus' analysis, E-L Financial (ELFIF) is currently considered Fairly Valued. The stock's GF Value™ is $12.47, compared to a current price of $12.76 — trading 2.3% above its estimated fair value. The current Price-to-Tangible-Book is 0.66 and 56.4% below the Insurance industry median of 1.52. E-L Financial's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For E-L Financial (ELFIF), the current Price-to-Tangible-Book is 0.66 as of Sep. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is E-L Financial (ELFIF) Overvalued in 2026?
Based on GuruFocus' analysis, E-L Financial stock appears to be overvalued.
The current stock price of $12.76 is trading 2.3% above its estimated GF Value™ of $12.47.
GuruFocus considers E-L Financial to be Fairly Valued.
Key valuation signals for ELFIF:
Price-to-Tangible-Book: 0.66
GF Value™: $12.47 vs. price of $12.76 (2.3% above fair value)
Industry Position: 56.4% below the Insurance median (#69 of 470)
No single metric tells the full story. See the ELFIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
E-L Financial Corp Ltd operates as an investment and insurance holding company that provides a broad range of wealth management products, individual insurance products, group plans, and financial services to meet the needs of individuals, professionals, and businesses. The firm has two segments; The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products, and the E-L Corporate segment operations include the oversight of investments in equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies.
63GF Score
Get the complete analysis for ELFIF
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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