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Tokio Marine Holdings (Tokio Marine Holdings) PB Ratio : 1.98 (As of Apr. 25, 2024)


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What is Tokio Marine 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 (2024-04-25), Tokio Marine Holdings's share price is $30.87. Tokio Marine Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $15.57. Hence, Tokio Marine Holdings's PB Ratio of today is 1.98.

Warning Sign:

Tokio Marine Holdings Inc stock PB Ratio (=2.07) is close to 10-year high of 2.14

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

TKOMY' s PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.03   Max: 2.15
Current: 2.1

During the past 13 years, Tokio Marine Holdings's highest PB Ratio was 2.15. The lowest was 0.70. And the median was 1.03.

TKOMY's PB Ratio is ranked worse than
76.65% of 484 companies
in the Insurance industry
Industry Median: 1.215 vs TKOMY: 2.10

During the past 12 months, Tokio Marine Holdings's average Book Value Per Share Growth Rate was 20.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tokio Marine Holdings was 25.50% per year. The lowest was -18.50% per year. And the median was 3.50% per year.

Back to Basics: PB Ratio


Tokio Marine Holdings PB Ratio Historical Data

The historical data trend for Tokio Marine 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.

Tokio Marine Holdings PB Ratio Chart

Tokio Marine Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 1.01 0.98 1.16 1.41

Tokio Marine 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 1.55 1.41 1.62 1.58 1.60

Competitive Comparison of Tokio Marine Holdings's PB Ratio

For the Insurance - Property & Casualty subindustry, Tokio Marine 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.


Tokio Marine Holdings's PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Tokio Marine Holdings's PB Ratio falls into.



Tokio Marine 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.

Tokio Marine Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=30.87/15.574
=1.98

* 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.


Tokio Marine Holdings  (OTCPK:TKOMY) 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.


Tokio Marine Holdings PB Ratio Related Terms

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


Tokio Marine Holdings (Tokio Marine Holdings) Business Description

Traded in Other Exchanges
Address
Tokio Marine Nichido Building Shinkan, 2-1, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-0005
Dating back to 1879, Tokio Marine is Japan's oldest insurance company and was its top property and casualty insurer in terms of market share for many decades. After mergers of its smaller rivals in the past few years, the company is now roughly the same size in the domestic nonlife market as MS&AD and Sompo Holdings, but it remains the most valuable listed Japanese insurer in terms of market capitalization due to its larger overseas business portfolio. The majority of its overseas business is in the U.S., where it has purchased four specialty insurers since 2008: Philadelphia Consolidated, Delphi Financial, HCC, and PURE. It is a member of the Mitsubishi keiretsu group and holds minority stakes in a number of group companies that also rank among its shareholders.

Tokio Marine Holdings (Tokio Marine Holdings) Headlines

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