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Direct Line Insurance Group (LSE:DLG) Book Value per Share : £1.85 (As of Dec. 2023)


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What is Direct Line Insurance Group Book Value per Share?

Direct Line Insurance Group's book value per share for the quarter that ended in Dec. 2023 was £1.85.

During the past 12 months, Direct Line Insurance Group's average Book Value Per Share Growth Rate was 10.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.60% 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 Direct Line Insurance Group was 5.80% per year. The lowest was -8.40% per year. And the median was -2.85% per year.

Direct Line Insurance Group's current price is £2.112. Its book value per share for the quarter that ended in Dec. 2023 was £1.85. Hence, today's PB Ratio of Direct Line Insurance Group is 1.14.

During the past 13 years, the highest P/B Ratio of Direct Line Insurance Group was 2.20. The lowest was 0.81. And the median was 1.44.


Direct Line Insurance Group Book Value per Share Historical Data

The historical data trend for Direct Line Insurance Group'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.

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Direct Line Insurance Group Book Value per Share Chart

Direct Line Insurance Group 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 2.18 2.23 2.10 1.67 1.85

Direct Line Insurance Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 2.10 1.99 1.67 1.63 1.85

Competitive Comparison of Direct Line Insurance Group's Book Value per Share

For the Insurance - Property & Casualty subindustry, Direct Line Insurance Group'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.


Direct Line Insurance Group's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Direct Line Insurance Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Direct Line Insurance Group's PB Ratio falls into.



Direct Line Insurance Group Book Value per Share Calculation

Direct Line Insurance Group'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)
=(2,405-0)/1,298
=1.85

Direct Line Insurance Group'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)
=(2,405-0)/1,298
=1.85

* 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.


Direct Line Insurance Group  (LSE:DLG) 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.


Direct Line Insurance Group Book Value per Share Related Terms

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Direct Line Insurance Group (LSE:DLG) Business Description

Address
Westmoreland Road, Churchill Court, Bromley, Kent, GBR, BR1 1DP
While Direct Line is one of the more focused personal lines insurers that we cover in Europe, it is still quite diversified. The business sells insurance under four divisions and those are personal lines motor, personal lines home, rescue and other personal lines, and commercial. Rescue and other personal lines include rescue, travel and pet insurance, and commercial insurance is sold to small and medium sized enterprises. Direct Line only sells insurance in United Kingdom. Direct Lines personal motor insurance division typically accounts for around 50% of total group gross written premium and the personal home insurance unit typically sells around 20%. Rescue and other personal lines account for around 10% and commercial insurance accounts for around 20%.

Direct Line Insurance Group (LSE:DLG) Headlines

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