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Thaire Life Assurance PCL (BKK:THREL) Book Value per Share : ฿2.05 (As of Mar. 2024)


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What is Thaire Life Assurance PCL Book Value per Share?

Thaire Life Assurance PCL's book value per share for the quarter that ended in Mar. 2024 was ฿2.05.

During the past 12 months, Thaire Life Assurance PCL's average Book Value Per Share Growth Rate was -9.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.20% 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 Thaire Life Assurance PCL was 9.10% per year. The lowest was -50.40% per year. And the median was 0.20% per year.

Thaire Life Assurance PCL's current price is ฿1.77. Its book value per share for the quarter that ended in Mar. 2024 was ฿2.05. Hence, today's PB Ratio of Thaire Life Assurance PCL is 0.87.

During the past 13 years, the highest P/B Ratio of Thaire Life Assurance PCL was 8.88. The lowest was 0.81. And the median was 2.67.

Good Sign:

Thaire Life Assurance PCL stock PB Ratio (=0.88) is close to 10-year low of 0.81


Thaire Life Assurance PCL Book Value per Share Historical Data

The historical data trend for Thaire Life Assurance PCL'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.

Thaire Life Assurance PCL Book Value per Share Chart

Thaire Life Assurance PCL 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 2.35 2.30 2.37 2.33 2.21

Thaire Life Assurance PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.26 2.20 2.20 2.21 2.05

Competitive Comparison of Thaire Life Assurance PCL's Book Value per Share

For the Insurance - Reinsurance subindustry, Thaire Life Assurance PCL'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.


Thaire Life Assurance PCL's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Thaire Life Assurance PCL's PB Ratio distribution charts can be found below:

* The bar in red indicates where Thaire Life Assurance PCL's PB Ratio falls into.



Thaire Life Assurance PCL Book Value per Share Calculation

Thaire Life Assurance PCL'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)
=(1,368-0)/620
=2.21

Thaire Life Assurance PCL's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,268-0)/620
=2.05

* 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.

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.


Thaire Life Assurance PCL  (BKK:THREL) 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.


Thaire Life Assurance PCL Book Value per Share Related Terms

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


Thaire Life Assurance PCL (BKK:THREL) Business Description

Traded in Other Exchanges
N/A
Address
Ratchadapisek Road, No. 48/15 Soi Ratchadapisek 20, Samsennok Sub-district, Huaykwang District, Bangkok, THA, 10310
Thaire Life Assurance PCL is a local reinsurer in Thailand. The company is engaged in the provision of life reinsurance such as ordinary life, group life, credit life and personal accident and health. It operates through the Conventional and Non-Conventional product segments. The conventional product line includes products that are already available in the market. The non-conventional products refer to new types of products, which are introduced by the group in cooperation with other life insurance companies. Geographically the activities are functioned through Thailand.

Thaire Life Assurance PCL (BKK:THREL) Headlines

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