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As of today (2024-10-31), MGIC Investment's share price is $25.04. MGIC Investment's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was $19.58. Hence, MGIC Investment's Price to Tangible Book Ratio of today is 1.28.
The historical rank and industry rank for MGIC Investment's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, MGIC Investment's highest Price to Tangible Book Ratio was 3.12. The lowest was 0.51. And the median was 1.09.
A closely related ratio is called PB Ratio. As of today, MGIC Investment's share price is $25.04. MGIC Investment's Book Value per Sharefor the quarter that ended in Jun. 2024 was $19.58. Hence, MGIC Investment's P/B Ratio of today is 1.28.
The historical data trend for MGIC Investment'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.
MGIC Investment Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Price-to-Tangible-Book | Get a 7-Day Free Trial | 1.14 | 0.90 | 0.95 | 0.82 | 1.04 |
MGIC Investment Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Price-to-Tangible-Book | Get a 7-Day Free Trial | 0.92 | 0.96 | 1.04 | 1.18 | 1.10 |
For the Insurance - Specialty subindustry, MGIC Investment'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.
For the Insurance industry and Financial Services sector, MGIC Investment's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where MGIC Investment's Price-to-Tangible-Book falls into.
MGIC Investment's price-to-tangible-book ratio for today is calculated as:
Price to Tangible Book | = | Share Price | / | Tangible Book per Share (Q: Jun. 2024 ) |
= | 25.04 | / | 19.576 | |
= | 1.28 |
* 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:
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.
Thank you for viewing the detailed overview of MGIC Investment's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Michael Leal Thompson | director | 4 BRIDGET COURT, BURR RIDGE IL 60527 |
Analisa M Allen | director | 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202 |
Teresita M. Lowman | director | 2235 ENTERPRISE STREET #110, ESCONDIDO CA 92029 |
Jodee A Kozlak | director | 1000 NICOLLET MALL, TPS-3255, MINNEAPOLIS MN 55403 |
Jay C. Hartzell | director | 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202 |
Sheryl L. Sculley | director | 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202 |
Gary A. Poliner | director | C/O MGIC INVESTMENT CORPORATION, 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202 |
Daniel A. Arrigoni | director | C/O MGIC INVESTMENT CORPORATION, 250 E KILBOURN AVE, MILWAUKEE WI 53202 |
James J. Hughes | officer: SVP-Sales & Bus. Development | C/O MGIC INVESTMENT CORPORATION, 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202 |
Michael E Lehman | director | |
Julie K. Sperber | officer: VP-Controller & Chief Acct Off | MGIC INVESTMENT CORPORATION, 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202 |
Patrick Sinks | officer: Executive Vice President | 250 E KILBOURN AVE, MILWAUKEE WI 53202 |
Steven M. Thompson | officer: EVP&CRO-Mort Gty Ins Corp | 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202 |
Nathaniel H Colson | officer: Executive Vice President & CFO | C/O MGIC INVESTMENT CORPORATION, 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202 |
Robert J Candelmo | officer: SVP-Chief Information Officer | 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202 |
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