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As of today (2025-01-18), Definity Financial's share price is C$54.46. Definity Financial's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was C$15.38. Hence, Definity Financial's Price to Tangible Book Ratio of today is 3.54.
The historical rank and industry rank for Definity Financial's Price-to-Tangible-Book or its related term are showing as below:
During the past 4 years, Definity Financial's highest Price to Tangible Book Ratio was 3.55. The lowest was 1.47. And the median was 2.44.
A closely related ratio is called PB Ratio. As of today, Definity Financial's share price is C$54.46. Definity Financial's Book Value per Sharefor the quarter that ended in Sep. 2024 was C$26.96. Hence, Definity Financial's P/B Ratio of today is 2.02.
The historical data trend for Definity 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.
Definity Financial Annual Data | |||||||||
Trend | Dec20 | Dec21 | Dec22 | Dec23 | |||||
Price-to-Tangible-Book | - | 1.47 | 2.48 | 2.67 |
Definity Financial Quarterly Data | ||||||||||||||||
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 | 2.65 | 2.67 | 3.05 | 3.04 | 3.55 |
For the Insurance - Property & Casualty subindustry, Definity 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.
For the Insurance industry and Financial Services sector, Definity Financial's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Definity Financial's Price-to-Tangible-Book falls into.
Definity Financial's price-to-tangible-book ratio for today is calculated as:
Price to Tangible Book | = | Share Price | / | Tangible Book per Share (Q: Sep. 2024 ) |
= | 54.46 | / | 15.376 | |
= | 3.54 |
* 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:
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.
Thank you for viewing the detailed overview of Definity Financial's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Micheal Joseph Kelly | Director | |
Rowan Saunders | Director, Senior Officer | |
Craig Edward David Richardson | Senior Officer | |
Tatjana Lalkovic | Senior Officer | |
Swiss Re Ltd | 10% Security Holder | |
Liam Michael Mcfarlane | Senior Officer | |
Obaid Rahman | Senior Officer | |
Brigid V. Pelino | Senior Officer | |
Hans Reidl | Senior Officer |
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