Tower (ASX:TWR) ROE % Adjusted to Book Value : 29.60% (As of Mar. 2024)

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What is Tower ROE % Adjusted to Book Value?

Tower's ROE % for the quarter that ended in Mar. 2024 was 22.79%. Tower's PB Ratio for the quarter that ended in Mar. 2024 was 0.77. Tower's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 was 29.60%.

Tower ROE % Adjusted to Book Value Historical Data

The historical data trend for Tower's ROE % Adjusted to Book Value 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.

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Tower ROE % Adjusted to Book Value Chart

Tower Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROE % Adjusted to Book Value

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7.22

5.11

6.90

7.62

-0.52

Tower Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
ROE % Adjusted to Book Value	Get a 7-Day Free Trial															2.05	13.97	-4.01	3.28	29.60

Competitive Comparison of Tower's ROE % Adjusted to Book Value

For the Insurance - Property & Casualty subindustry, Tower's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

Tower's ROE % Adjusted to Book Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Tower's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Tower's ROE % Adjusted to Book Value falls into.

Tower ROE % Adjusted to Book Value Calculation

Tower's ROE % Adjusted to Book Value for the fiscal year that ended in Sep. 2023 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	-0.41%	/	0.79
	=	-0.52%

Tower's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	22.79%	/	0.77
	=	29.60%

Tower ROE % Adjusted to Book Value Related Terms

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Tower (ASX:TWR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Tower Ltd (ASX:TWR) » Definitions » ROE % Adjusted to Book Value

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TWR:New Zealand

Address

136 Fanshawe Street, Level 5, PO Box 90347, Auckland, NTL, NZL, 1142

Website

https://www.tower.co.nz

Tower Ltd is a general insurance company. The company provides insurance services namely car, house, contents, travel, business, boat insurance among others. The company has two geographical segments, New Zealand General Insurance, and Pacific Islands General Insurance. The company derives majority of its revenue from New Zealand segment.

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