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IRB Brasil Resseguros (BSP:IRBR3) Price-to-Tangible-Book : 0.77 (As of May. 12, 2024)


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What is IRB Brasil Resseguros Price-to-Tangible-Book?

As of today (2024-05-12), IRB Brasil Resseguros's share price is R$38.80. IRB Brasil Resseguros's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was R$50.57. Hence, IRB Brasil Resseguros's Price to Tangible Book Ratio of today is 0.77.

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

BSP:IRBR3' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.5   Med: 2.36   Max: 9.3
Current: 0.77

During the past 10 years, IRB Brasil Resseguros's highest Price to Tangible Book Ratio was 9.30. The lowest was 0.50. And the median was 2.36.

BSP:IRBR3's Price-to-Tangible-Book is ranked better than
79.52% of 459 companies
in the Insurance industry
Industry Median: 1.37 vs BSP:IRBR3: 0.77

A closely related ratio is called PB Ratio. As of today, IRB Brasil Resseguros's share price is R$38.80. IRB Brasil Resseguros's Book Value per Sharefor the quarter that ended in Dec. 2023 was R$52.02. Hence, IRB Brasil Resseguros's P/B Ratio of today is 0.75.


IRB Brasil Resseguros Price-to-Tangible-Book Historical Data

The historical data trend for IRB Brasil Resseguros'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.

IRB Brasil Resseguros Price-to-Tangible-Book Chart

IRB Brasil Resseguros Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.30 2.36 1.40 0.50 0.88

IRB Brasil Resseguros 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 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 0.50 0.46 0.88 0.89 0.88

Competitive Comparison of IRB Brasil Resseguros's Price-to-Tangible-Book

For the Insurance - Reinsurance subindustry, IRB Brasil Resseguros'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.


IRB Brasil Resseguros's Price-to-Tangible-Book Distribution in the Insurance Industry

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

* The bar in red indicates where IRB Brasil Resseguros's Price-to-Tangible-Book falls into.



IRB Brasil Resseguros Price-to-Tangible-Book Calculation

IRB Brasil Resseguros's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=38.80/50.568
=0.77

* 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 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.


IRB Brasil Resseguros Price-to-Tangible-Book Related Terms

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


IRB Brasil Resseguros (BSP:IRBR3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Marechal Camara, 171-Castelo, Rio de Janeiro, RJ, BRA, 20020901
IRB Brasil Resseguros SA is a Brazil-based company provides reinsurance solutions. It offers reinsurance solutions for aviation, engineering, surety, financial, oil and gas, property, casualty, agricultural, cargo and marine, life and pension, and miscellaneous. The group offers solutions in both Brazil and international regions.

IRB Brasil Resseguros (BSP:IRBR3) Headlines

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