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PICC Property and Casualty Co (STU:PJC) Price-to-Tangible-Book : 1.05 (As of Dec. 14, 2024)


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What is PICC Property and Casualty Co Price-to-Tangible-Book?

As of today (2024-12-14), PICC Property and Casualty Co's share price is €1.45. PICC Property and Casualty Co's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was €1.39. Hence, PICC Property and Casualty Co's Price to Tangible Book Ratio of today is 1.05.

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

STU:PJC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.55   Med: 1.08   Max: 2.18
Current: 1.05

During the past 13 years, PICC Property and Casualty Co's highest Price to Tangible Book Ratio was 2.18. The lowest was 0.55. And the median was 1.08.

STU:PJC's Price-to-Tangible-Book is ranked better than
68.35% of 455 companies
in the Insurance industry
Industry Median: 1.44 vs STU:PJC: 1.05

A closely related ratio is called PB Ratio. As of today, PICC Property and Casualty Co's share price is €1.45. PICC Property and Casualty Co's Book Value per Sharefor the quarter that ended in Jun. 2024 was €1.40. Hence, PICC Property and Casualty Co's P/B Ratio of today is 1.04.


PICC Property and Casualty Co Price-to-Tangible-Book Historical Data

The historical data trend for PICC Property and Casualty 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.

PICC Property and Casualty Co Price-to-Tangible-Book Chart

PICC Property and Casualty 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 1.12 0.56 0.54 0.67 0.79

PICC Property and Casualty Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.76 0.67 0.77 0.79 0.82

Competitive Comparison of PICC Property and Casualty Co's Price-to-Tangible-Book

For the Insurance - Property & Casualty subindustry, PICC Property and Casualty 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.


PICC Property and Casualty Co's Price-to-Tangible-Book Distribution in the Insurance Industry

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

* The bar in red indicates where PICC Property and Casualty Co's Price-to-Tangible-Book falls into.



PICC Property and Casualty Co Price-to-Tangible-Book Calculation

PICC Property and Casualty Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=1.45/1.385
=1.05

* 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.


PICC Property and Casualty Co Price-to-Tangible-Book Related Terms

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


PICC Property and Casualty Co Business Description

Traded in Other Exchanges
Address
Tower 2, No. 2 Jianguomenwai Avenue, Chaoyang District, Beijing, CHN, 100022
With headquarters in Beijing, PICC P&C is China's largest nonlife insurer, commanding nearly 33% market share in the country. It was founded by the People's Bank of China in 1949. The company is a flagship subsidiary of the PICC Group, a state-owned insurance group, which owns 69% of PICC P&C. The company offers a wide range of nonlife insurance products, including auto, commercial property, liability, credit and surety bond, accidents and health, energy and aerospace, and agricultural insurance.

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