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Hamilton Insurance Group (Hamilton Insurance Group) Price-to-Tangible-Book : 0.90 (As of May. 12, 2024)


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What is Hamilton Insurance Group Price-to-Tangible-Book?

As of today (2024-05-12), Hamilton Insurance Group's share price is $16.02. Hamilton Insurance Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $17.75. Hence, Hamilton Insurance Group's Price to Tangible Book Ratio of today is 0.90.

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

HG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84   Med: 0.84   Max: 0.9
Current: 0.9

During the past 4 years, Hamilton Insurance Group's highest Price to Tangible Book Ratio was 0.90. The lowest was 0.84. And the median was 0.84.

HG's Price-to-Tangible-Book is ranked better than
72.33% of 459 companies
in the Insurance industry
Industry Median: 1.37 vs HG: 0.90

A closely related ratio is called PB Ratio. As of today, Hamilton Insurance Group's share price is $16.02. Hamilton Insurance Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $18.58. Hence, Hamilton Insurance Group's P/B Ratio of today is 0.86.


Hamilton Insurance Group Price-to-Tangible-Book Historical Data

The historical data trend for Hamilton Insurance 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.

Hamilton Insurance Group Price-to-Tangible-Book Chart

Hamilton Insurance Group Annual Data
Trend Nov20 Nov21 Dec22 Dec23
Price-to-Tangible-Book
- - - 0.84

Hamilton Insurance Group Quarterly Data
Nov20 Nov21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only - - - - 0.84

Competitive Comparison of Hamilton Insurance Group's Price-to-Tangible-Book

For the Insurance - Reinsurance subindustry, Hamilton Insurance 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.


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

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

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



Hamilton Insurance Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=16.02/17.753
=0.90

* 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.


Hamilton Insurance Group Price-to-Tangible-Book Related Terms

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


Hamilton Insurance Group (Hamilton Insurance Group) Business Description

Comparable Companies
Traded in Other Exchanges
Address
90 Pitts Bay Road, Wellesley House North, 1st Floor, Pembroke, BMU, HM 08
Hamilton Insurance Group Ltd is a Global specialty insurance and reinsurance company. It operates globally, with underwriting operations in Lloyd's, Ireland, Bermuda, and the United States. It operates three principal underwriting platforms (Hamilton Global Specialty, Hamilton Select and Hamilton Re) that are categorized into two reporting business segments (International and Bermuda).