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Primerica (FRA:PI7) Price-to-Tangible-Book : 5.28 (As of Dec. 11, 2024)


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What is Primerica Price-to-Tangible-Book?

As of today (2024-12-11), Primerica's share price is €270.00. Primerica's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was €51.13. Hence, Primerica's Price to Tangible Book Ratio of today is 5.28.

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

FRA:PI7' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.89   Med: 3.16   Max: 5.08
Current: 4.93

During the past 13 years, Primerica's highest Price to Tangible Book Ratio was 5.08. The lowest was 1.89. And the median was 3.16.

FRA:PI7's Price-to-Tangible-Book is ranked worse than
88.45% of 459 companies
in the Insurance industry
Industry Median: 1.42 vs FRA:PI7: 4.93

A closely related ratio is called PB Ratio. As of today, Primerica's share price is €270.00. Primerica's Book Value per Sharefor the quarter that ended in Sep. 2024 was €52.35. Hence, Primerica's P/B Ratio of today is 5.16.


Primerica Price-to-Tangible-Book Historical Data

The historical data trend for Primerica'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.

Primerica Price-to-Tangible-Book Chart

Primerica 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 3.33 2.88 3.52 3.00 4.05

Primerica Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.50 4.05 4.71 3.88 4.58

Competitive Comparison of Primerica's Price-to-Tangible-Book

For the Insurance - Life subindustry, Primerica'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.


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

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

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



Primerica Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=270.00/51.131
=5.28

* 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.


Primerica Price-to-Tangible-Book Related Terms

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


Primerica Business Description

Traded in Other Exchanges
Address
1 Primerica Parkway, Duluth, GA, USA, 30099
Primerica Inc is a provider of financial services to middle-income households in the United States and Canada. The company offers life insurance, mutual funds, annuities, and other financial products, distributed on behalf of third parties. Primerica has three main subsidiaries: Primerica Financial Services, a marketing company; Primerica Life Insurance Company, a principal life insurance underwriting entity; and PFS Investments, which offers investment and savings products, brokerage services, and registered investment advisory. It has four segments Term Life Insurance; Investment and Savings Products; Senior Health; and Corporate and Other Distributed Products. Geogriphically, it derives a majority of its revenue from the US.

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