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American National Group (American National Group) PB Ratio : (As of May. 11, 2024)


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What is American National Group PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-11), American National Group's share price is $24.65. American National Group's Book Value per Share for the quarter that ended in Dec. 2023 was $0.00. Hence, American National Group's PB Ratio of today is .

The historical rank and industry rank for American National Group's PB Ratio or its related term are showing as below:

AELpA.PFD' s PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.91   Max: 2.15
Current: 1.48

During the past 13 years, American National Group's highest PB Ratio was 2.15. The lowest was 0.23. And the median was 0.91.

AELpA.PFD's PB Ratio is ranked worse than
58.8% of 483 companies
in the Insurance industry
Industry Median: 1.23 vs AELpA.PFD: 1.48

During the past 12 months, American National Group's average Book Value Per Share Growth Rate was 37.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -16.90% 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 8.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of American National Group was 51.10% per year. The lowest was -19.80% per year. And the median was 12.45% per year.

Back to Basics: PB Ratio


American National Group PB Ratio Historical Data

The historical data trend for American National Group's PB Ratio 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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American National Group PB Ratio Chart

American National Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
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American National Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of American National Group's PB Ratio

For the Insurance - Life subindustry, American National 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.


American National Group's PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where American National Group's PB Ratio falls into.



American National Group PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

American National Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=24.65/
=

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


American National Group  (NYSE:AELpA.PFD) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


American National Group PB Ratio Related Terms

Thank you for viewing the detailed overview of American National Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


American National Group (American National Group) Business Description

Traded in Other Exchanges
Address
6000 Westown Parkway, West Des Moines, IA, USA, 50266
American Equity Investment Life Holding Co is a financial services company. Its core business is selling fixed-index and fixed-rate annuity products through its subsidiaries, American Equity Investment Life Insurance Company of New York and Eagle Life Insurance Company. The company is licensed to sell its products in 50 states and the District of Columbia. Its targeted clients are individuals aged 45-75 who are interested in accumulating tax-deferred savings or creating guaranteed lifetime income.

American National Group (American National Group) Headlines

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