GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Axis Capital Holdings Ltd (NYSE:AXS) » Definitions » Book Value per Share

Axis Capital Holdings (Axis Capital Holdings) Book Value per Share : $55.26 (As of Dec. 2023)


View and export this data going back to 2003. Start your Free Trial

What is Axis Capital Holdings Book Value per Share?

Axis Capital Holdings's book value per share for the quarter that ended in Dec. 2023 was $55.26.

During the past 12 months, Axis Capital Holdings's average Book Value Per Share Growth Rate was 14.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Axis Capital Holdings was 22.40% per year. The lowest was -5.30% per year. And the median was 6.80% per year.

Axis Capital Holdings's current price is $60.64. Its book value per share for the quarter that ended in Dec. 2023 was $55.26. Hence, today's PB Ratio of Axis Capital Holdings is 1.10.

During the past 13 years, the highest P/B Ratio of Axis Capital Holdings was 1.30. The lowest was 0.67. And the median was 1.01.

Good Sign:

Axis Capital Holdings Ltd stock PB Ratio (=1.1) is close to 2-year low of 1


Axis Capital Holdings Book Value per Share Historical Data

The historical data trend for Axis Capital Holdings's Book Value per Share 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.

Axis Capital Holdings Book Value per Share Chart

Axis Capital Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.80 56.26 57.34 48.31 55.26

Axis Capital Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value per Share 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 48.31 51.77 52.47 52.60 55.26

Competitive Comparison of Axis Capital Holdings's Book Value per Share

For the Insurance - Specialty subindustry, Axis Capital Holdings's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Axis Capital Holdings's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Axis Capital Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Axis Capital Holdings's PB Ratio falls into.



Axis Capital Holdings Book Value per Share Calculation

Axis Capital Holdings's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(5,263-550)/85
=55.26

Axis Capital Holdings's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(5,263-550)/85
=55.26

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Axis Capital Holdings  (NYSE:AXS) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Axis Capital Holdings Book Value per Share Related Terms

Thank you for viewing the detailed overview of Axis Capital Holdings's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Axis Capital Holdings (Axis Capital Holdings) Business Description

Traded in Other Exchanges
Address
92 Pitts Bay Road, Pembroke, BMU, HM 08
Axis Capital Holdings Ltd is a property and casualty insurance company that provides various products and services to clients and distribution partners. The company has operating subsidiaries and branch networks based in Bermuda, the United States, Canada, Europe, and Singapore. Its business consists of two distinct global underwriting platforms, AXIS Insurance, and AXIS Reinsurance. The company manages its portfolio holistically, aiming to construct an optimum consolidated portfolio of funded and unfunded risks.
Executives
Henry B Smith director C/O AXIS CAPITAL HOLDINGS LIMITED, 92 PITTS BAY ROAD, PEMBROKE D0 HM 08
Daniel J Draper officer: Grp Chief Underwriting Officer 52 LIME STREET, LONDON X0 EC3M 7AF
Vincent C Tizzio officer: CEO, Specialty Ins. and Re. C/O THE NAVIGATORS GROUP, INC., 6 INTERNATIONAL DRIVE, RYE BROOK NY 10573
Axel Theis director 92 PITTS BAY ROAD, PEMBROKE D0 HM 08
Michael Millegan director C/O WIRELESS TELECOM GROUP, INC., 25 EASTMANS RD., PARSIPPANY NJ 07054
Charles A Davis director 1 CAPE MAY ST, 1 CAPE MAY ST, HARRISON NJ 07029
Thomas C. Ramey director C/O AXIS CAPITAL HOLDINGS LIMITED, 92 PITTS BAY ROAD, PEMBROKE D0 HM 08
W Marston Becker director C/O ALTERRA HOUSE, 2 FRONT STREET, HAMILTON D0 HM11
Anne Melissa Dowling director 9965 FEDERAL DRIVE, COLORADO SPRINGS CO 80921
Albert Benchimol officer: Chief Financial Officer & EVP AXIS CAPITAL HOLDINGS LIMITED, 92 PITTS BAY ROAD, PEMBROKE BERMUDA D0 HM 08
Michael A Butt director, officer: Chairman AXIS CAPITAL HOLDINGS LIMITED, 92 PITTS BAY ROAD, PEMBROKE D0 HM 08
Peter Vogt officer: EVP and CFO 1211 AVENUE OF THE AMERICAS, 24TH FLOOR, NEW YORK NY 10036
Lizabeth H Zlatkus director ONE HARTFORD PLAZA, HARTFORD CT 06155
Kent W Ziegler officer: Principal Acct Off, Controller 199 WATER STREET, 24TH FLOOR, NEW YORK NY 10038
Elanor Hardwick director C/O AXIS CAPITAL HOLDINGS LIMITED, AXIS HOUSE, 92 PITTS BAY ROAD, PEMBROKE D0 HM 08