Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) Price-to-Tangible-Book : 0.73 (As of May. 02, 2024)

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What is Warba Insurance and Reinsurance Co KSCP Price-to-Tangible-Book?

As of today (2024-05-02), Warba Insurance and Reinsurance Co KSCP's share price is KWD0.11. Warba Insurance and Reinsurance Co KSCP's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was KWD0.15. Hence, Warba Insurance and Reinsurance Co KSCP's Price to Tangible Book Ratio of today is 0.73.

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

KUW:WINSRE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.26 Med: 0.44 Max: 0.73
Current: 0.73

During the past 13 years, Warba Insurance and Reinsurance Co KSCP's highest Price to Tangible Book Ratio was 0.73. The lowest was 0.26. And the median was 0.44.

KUW:WINSRE's Price-to-Tangible-Book is ranked better than
80.57% of 458 companies
in the Insurance industry
Industry Median: 1.34 vs KUW:WINSRE: 0.73

A closely related ratio is called PB Ratio. As of today, Warba Insurance and Reinsurance Co KSCP's share price is KWD0.11. Warba Insurance and Reinsurance Co KSCP's Book Value per Sharefor the quarter that ended in Dec. 2023 was KWD0.15. Hence, Warba Insurance and Reinsurance Co KSCP's P/B Ratio of today is 0.73.

Warba Insurance and Reinsurance Co KSCP Price-to-Tangible-Book Historical Data

The historical data trend for Warba Insurance and Reinsurance Co KSCP'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.

Warba Insurance and Reinsurance Co KSCP Price-to-Tangible-Book Chart

Warba Insurance and Reinsurance Co KSCP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.26

0.38

0.73

0.56

0.66

Warba Insurance and Reinsurance Co KSCP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.56	0.67	0.76	0.76	0.66

Competitive Comparison of Warba Insurance and Reinsurance Co KSCP's Price-to-Tangible-Book

For the Insurance - Diversified subindustry, Warba Insurance and Reinsurance Co KSCP'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.

Warba Insurance and Reinsurance Co KSCP's Price-to-Tangible-Book Distribution in the Insurance Industry

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

* The bar in red indicates where Warba Insurance and Reinsurance Co KSCP's Price-to-Tangible-Book falls into.

Warba Insurance and Reinsurance Co KSCP Price-to-Tangible-Book Calculation

Warba Insurance and Reinsurance Co KSCP's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.11	/	0.15
	=	0.73

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Warba Insurance and Reinsurance Co KSCP Price-to-Tangible-Book Related Terms

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

Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sharq, Ahmad Al Jaber Street, Derwazat Abdul Razak, P.O. Box 24282, Safat, Opposite to the Banking Complex, Warba Tower, Kuwait, KWT, 13103

Website

https://www.warba.insure

Warba Insurance and Reinsurance Co KSCP is involved in the provision of life and non-life insurance products and services. The company reports three business segments: General risk insurance, Life and Medical insurance and Investment. Within General risk insurance are Marine and Aviation, Fire and general accidents and Motor. The company's offerings include Individual Life Insurance, Medical Insurance individual, Medical Insurance Corporate and FGA Insurance Policies among others. Geographically it operates through Kuwait.

Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) Headlines

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