The historical rank and industry rank for Legal & General Group's PB Ratio or its related term are showing as below:
LGGNF'
s PB Ratio Range Over the Past 10 Years
Min: 1.04 Med: 2.18 Max: 3.37
Current: 2.99
During the past 13 years, Legal & General Group's highest PB Ratio was 3.37. The lowest was 1.04. And the median was 2.18.
LGGNF's PB Ratio is ranked worse than 90.97% of 1695
companies
in the Asset Management industry
Industry Median: 0.94
vs LGGNF: 2.99
During the past 12 months, Legal & General Group's average Book Value Per Share Growth Rate was -13.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -21.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -13.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -0.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Legal & General Group was 92.40% per year. The lowest was -21.60% per year. And the median was 7.20% per year.
* 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.
Competitive Comparison of Legal & General Group's PB Ratio
For the Asset Management subindustry, Legal & General 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.
Legal & General Group's PB Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Legal & General Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Legal & General Group's PB Ratio falls into.
Legal & General 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.
* 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.
Legal & General Group (OTCPK:LGGNF) PB Ratio Explanation
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.
Legal & General Group PB Ratio Related Terms
Thank you for viewing the detailed overview of Legal & General Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Legal & General Group (Legal & General Group) Business Description
Legal & General Group PLC operates across four broad business areas of retirement, investment management, capital investment, and insurance. The retirement business provides provide guaranteed retirement income for corporate pension scheme members. Investment Management business provides investment management services for both individuals and corporations, including managing pension funds. Capital investment use customers' pension assets, as well as the group's shareholder capital, to make long-term investments in assets such as clean energy, housing, and SME finance. The Insurance business provides various types of insurance, including life and disability insurance. The company has a global presence but most of its assets under management are derived from the United Kingdom and Europe.
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