Allianz SE (Allianz SE) Price-to-Tangible-Book : 2.66 (As of Apr. 27, 2024)

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What is Allianz SE Price-to-Tangible-Book?

As of today (2024-04-27), Allianz SE's share price is $294.70. Allianz SE's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $110.95. Hence, Allianz SE's Price to Tangible Book Ratio of today is 2.66.

The historical rank and industry rank for Allianz SE's Price-to-Tangible-Book or its related term are showing as below:

ALIZF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.27 Med: 1.55 Max: 2.61
Current: 2.61

During the past 13 years, Allianz SE's highest Price to Tangible Book Ratio was 2.61. The lowest was 1.27. And the median was 1.55.

ALIZF's Price-to-Tangible-Book is ranked worse than
77.56% of 459 companies
in the Insurance industry
Industry Median: 1.34 vs ALIZF: 2.61

A closely related ratio is called PB Ratio. As of today, Allianz SE's share price is $294.70. Allianz SE's Book Value per Sharefor the quarter that ended in Dec. 2023 was $162.90. Hence, Allianz SE's P/B Ratio of today is 1.81.

Allianz SE Price-to-Tangible-Book Historical Data

The historical data trend for Allianz SE'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.

* Premium members only.

Allianz SE Price-to-Tangible-Book Chart

Allianz SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.52

1.24

2.02

2.23

2.39

Allianz SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.23	2.28	2.30	2.33	2.39

Competitive Comparison of Allianz SE's Price-to-Tangible-Book

For the Insurance - Diversified subindustry, Allianz SE'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.

Allianz SE's Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Allianz SE's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Allianz SE's Price-to-Tangible-Book falls into.

Allianz SE Price-to-Tangible-Book Calculation

Allianz SE's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	294.70	/	110.951
	=	2.66

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.

Allianz SE Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Allianz SE's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Allianz SE (Allianz SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Allianz SE (OTCPK:ALIZF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

ALIZY:USA ALV:Mexico ALV:Italy ALVd:UK 0M6S:UK ALV:Germany ALV:Austria

Address

Koniginstrasse 28, Munich, BY, DEU, 80802

Website

https://www.allianz.com

Allianz was founded as a transport and accident insurance firm in 1890 by Carl Thieme and Wilhelm Finck, the founders of Munich Re. It took the company 5 years to expand the business into Europe and North America and subsequently listed in Berlin. After the First World War, individuals became confronted with the loss of wealth, life, and security and Allianz founded a life business in the 1920s. In the years after the Second World War, Allianz's foreign assets were seized and it lost its foreign business. By relocating its head office from Berlin to Munich in 1948, Allianz began the long road of rebuilding its domestic business. It took almost 20 years for Allianz to reacquire its prior foreign interests, starting in Austria. It became the largest European insurer in the postwar boom era.