GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Oxbridge Re Holdings Ltd (NAS:OXBR) » Definitions » PB Ratio

Oxbridge Re Holdings (Oxbridge Re Holdings) PB Ratio : 1.38 (As of May. 06, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Oxbridge Re Holdings 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 (2024-05-06), Oxbridge Re Holdings's share price is $1.25. Oxbridge Re Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $0.91. Hence, Oxbridge Re Holdings's PB Ratio of today is 1.38.

The historical rank and industry rank for Oxbridge Re Holdings's PB Ratio or its related term are showing as below:

OXBR' s PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.92   Max: 6.16
Current: 1.37

During the past 11 years, Oxbridge Re Holdings's highest PB Ratio was 6.16. The lowest was 0.23. And the median was 0.92.

OXBR's PB Ratio is ranked worse than
52.89% of 484 companies
in the Insurance industry
Industry Median: 1.22 vs OXBR: 1.37

During the past 12 months, Oxbridge Re Holdings's average Book Value Per Share Growth Rate was -65.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -13.40% 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 -9.30% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Oxbridge Re Holdings was 71.70% per year. The lowest was -39.30% per year. And the median was -15.10% per year.

Back to Basics: PB Ratio


Oxbridge Re Holdings PB Ratio Historical Data

The historical data trend for Oxbridge Re Holdings'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.

* Premium members only.

Oxbridge Re Holdings PB Ratio Chart

Oxbridge Re Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 1.34 1.94 0.46 1.21

Oxbridge Re Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 0.46 0.68 0.70 1.03 1.21

Competitive Comparison of Oxbridge Re Holdings's PB Ratio

For the Insurance - Reinsurance subindustry, Oxbridge Re Holdings'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.


Oxbridge Re Holdings's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Oxbridge Re Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Oxbridge Re Holdings's PB Ratio falls into.



Oxbridge Re Holdings 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.

Oxbridge Re Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1.25/0.908
=1.38

* 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.


Oxbridge Re Holdings  (NAS:OXBR) 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.


Oxbridge Re Holdings PB Ratio Related Terms

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


Oxbridge Re Holdings (Oxbridge Re Holdings) Business Description

Traded in Other Exchanges
N/A
Address
42 Edward Street, Suite 201, P.O. Box 469, Georgetown, Grand Cayman, CYM, KY1-9006
Oxbridge Re Holdings Ltd is a specialty property and casualty reinsurer. It provides reinsurance solutions through its subsidiary. It focuses on underwriting fully collateralized reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States, with an emphasis on Florida. Oxbridge specializes in underwriting medium frequency, high severity risks, where insufficient data exists to analyze effectively the risk/return profile of reinsurance contracts. It derives most revenues from three principal sources premiums assumed from reinsurance on property and casualty business; income from investments and unrealized (loss)/ gain on other investments; and income under our Administrative Services Agreement.
Executives
Sanjay Madhu director, officer: CEO, President 425 EAST DAVIS BLVD., TAMPA FL 33606
Allan S. Martin 10 percent owner 401 EAST JACKSON STREET, SUITE 2370, TAMPA FL 33601
Arun Gowda director SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006
Dwight Lyndon Merren director SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006
Lesley Helen Thompson director SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006
Raymond E Cabillot director 3033 EXCELSIOR BLVD., STE 560, MINNEAPOLIS MN 55416
Wrendon Timothy officer: Controller & Secretary P.O. BOX 469, CAMANA BAY E9 KY1-9006
Paresh Patel director, 10 percent owner 1520 GULF BLVD., APT. 1706, CLEARWATER FL 33767
Mayur Patel director 12 CHRIS ELIOT COURT, HUNT VALLEY MD 21030
Krishna Persaud director 11767 BAYFIELD DRIVE, BOCA RATON FL 33498

Oxbridge Re Holdings (Oxbridge Re Holdings) Headlines