Everest Group (FRA:ERE) Price-to-Tangible-Book : 1.20 (As of May. 04, 2024)

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What is Everest Group Price-to-Tangible-Book?

As of today (2024-05-04), Everest Group's share price is €345.50. Everest Group's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €287.98. Hence, Everest Group's Price to Tangible Book Ratio of today is 1.20.

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

FRA:ERE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.82 Med: 1.09 Max: 1.56
Current: 1.18

During the past 13 years, Everest Group's highest Price to Tangible Book Ratio was 1.56. The lowest was 0.82. And the median was 1.09.

FRA:ERE's Price-to-Tangible-Book is ranked better than
56.89% of 457 companies
in the Insurance industry
Industry Median: 1.34 vs FRA:ERE: 1.18

A closely related ratio is called PB Ratio. As of today, Everest Group's share price is €345.50. Everest Group's Book Value per Sharefor the quarter that ended in Mar. 2024 was €287.98. Hence, Everest Group's P/B Ratio of today is 1.20.

Everest Group Price-to-Tangible-Book Historical Data

The historical data trend for Everest Group'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.

Everest Group Price-to-Tangible-Book Chart

Everest Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.22

0.93

1.06

1.52

1.13

Everest Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.52	1.35	1.47	1.13	1.26

Competitive Comparison of Everest Group's Price-to-Tangible-Book

For the Insurance - Reinsurance subindustry, Everest Group'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.

Everest Group's Price-to-Tangible-Book Distribution in the Insurance Industry

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

* The bar in red indicates where Everest Group's Price-to-Tangible-Book falls into.

Everest Group Price-to-Tangible-Book Calculation

Everest Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	345.50	/	287.978
	=	1.20

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Everest Group Price-to-Tangible-Book Related Terms

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

Everest Group (FRA:ERE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Everest Group Ltd (FRA:ERE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

EG:USA ERE:Germany E1VE34:Brazil

Address

141 Front Street, Seon Place - 4th Floor, P.O. Box HM 845, Hamilton, BMU, HM 19

Website

https://www.everestglobal.com

Everest Group Ltd is engaged in providing insurance services in the U.S., Bermuda, and international markets. It operates in Reinsurance and Insurance business. The Reinsurance operation writes property and casualty reinsurance and specialty lines of business, on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies. The Insurance operation writes property and casualty insurance directly and through brokers, surplus lines brokers, and general agents within the U.S., Bermuda, Canada, Europe, and South America.

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