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BIDV Insurance (STC:BIC) Price-to-Tangible-Book : 1.38 (As of Jun. 13, 2024)


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What is BIDV Insurance Price-to-Tangible-Book?

As of today (2024-06-13), BIDV Insurance's share price is ₫33600.00. BIDV Insurance's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₫24,287.61. Hence, BIDV Insurance's Price to Tangible Book Ratio of today is 1.38.

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

STC:BIC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.7   Med: 1.3   Max: 2.25
Current: 1.38

During the past 13 years, BIDV Insurance's highest Price to Tangible Book Ratio was 2.25. The lowest was 0.70. And the median was 1.30.

STC:BIC's Price-to-Tangible-Book is ranked worse than
51.94% of 464 companies
in the Insurance industry
Industry Median: 1.335 vs STC:BIC: 1.38

A closely related ratio is called PB Ratio. As of today, BIDV Insurance's share price is ₫33600.00. BIDV Insurance's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₫24,423.28. Hence, BIDV Insurance's P/B Ratio of today is 1.38.


BIDV Insurance Price-to-Tangible-Book Historical Data

The historical data trend for BIDV Insurance'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.

BIDV Insurance Price-to-Tangible-Book Chart

BIDV Insurance 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 1.35 1.14 1.38 1.22 1.08

BIDV Insurance 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 1.22 1.24 1.12 1.08 1.21

Competitive Comparison of BIDV Insurance's Price-to-Tangible-Book

For the Insurance - Diversified subindustry, BIDV Insurance'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.


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

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

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



BIDV Insurance Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=33600.00/24287.611
=1.38

* 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.


BIDV Insurance Price-to-Tangible-Book Related Terms

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


BIDV Insurance (STC:BIC) Business Description

Traded in Other Exchanges
N/A
Address
16th Floor, Tower A, Vincom, City Towers, 191 Ba Trieu Stre, Hanoi, VNM
BIDV Insurance Corp is an insurance company. It operates a network of agencies throughout Vietnam offering non-life, reinsurance, casualty insurance, and financial investments.

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