Radian Group (STU:RAG) Price-to-Tangible-Book : 1.08 (As of May. 18, 2024)

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

As of today (2024-05-18), Radian Group's share price is €29.00. Radian Group's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €26.96. Hence, Radian Group's Price to Tangible Book Ratio of today is 1.08.

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

STU:RAG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.65 Med: 1.12 Max: 2.2
Current: 1.08

During the past 13 years, Radian Group's highest Price to Tangible Book Ratio was 2.20. The lowest was 0.65. And the median was 1.12.

STU:RAG's Price-to-Tangible-Book is ranked better than
62.77% of 462 companies
in the Insurance industry
Industry Median: 1.345 vs STU:RAG: 1.08

A closely related ratio is called PB Ratio. As of today, Radian Group's share price is €29.00. Radian Group's Book Value per Sharefor the quarter that ended in Mar. 2024 was €26.96. Hence, Radian Group's P/B Ratio of today is 1.08.

Radian Group Price-to-Tangible-Book Historical Data

The historical data trend for Radian 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.

Radian Group Price-to-Tangible-Book Chart

Radian Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.23

0.88

0.84

0.75

0.97

Radian 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															0.83	0.93	0.95	0.97	1.12

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

For the Insurance - Specialty subindustry, Radian 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.

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

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

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

Radian Group Price-to-Tangible-Book Calculation

Radian 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 )
	=	29.00	/	26.959
	=	1.08

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.

Radian Group Price-to-Tangible-Book Related Terms

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

Radian Group (STU:RAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Radian Group Inc (STU:RAG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

RDN:USA

Address

550 East Swedesford Road, Suite 350, Wayne, PA, USA, 19087

Website

https://www.radian.com

Radian Group Inc provides mortgage insurance and services to the real estate and mortgage finance industries. Radian's mortgage insurance provides coverage to lending institutions throughout the United States. Its services include analytics and consulting for buyers and sellers of, and investors in, mortgage- and real estate-related loans and securities and other asset-backed securities. Insurance premiums account for more than three fourths of the company's revenue. Services revenue and investment income are the other principal sources of revenue. It operates in two segments: Mortgage and homegenius. The Mortgage segment earns the majority of revenue.

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