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Grupo Assa (XPTY:ASSA) Price-to-Tangible-Book : 0.91 (As of May. 26, 2024)


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What is Grupo Assa Price-to-Tangible-Book?

As of today (2024-05-26), Grupo Assa's share price is $97.00. Grupo Assa's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $106.10. Hence, Grupo Assa's Price to Tangible Book Ratio of today is 0.91.

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

XPTY:ASSA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.81   Med: 1.1   Max: 1.17
Current: 0.91

During the past 13 years, Grupo Assa's highest Price to Tangible Book Ratio was 1.17. The lowest was 0.81. And the median was 1.10.

XPTY:ASSA's Price-to-Tangible-Book is ranked better than
70.84% of 463 companies
in the Insurance industry
Industry Median: 1.34 vs XPTY:ASSA: 0.91

A closely related ratio is called PB Ratio. As of today, Grupo Assa's share price is $97.00. Grupo Assa's Book Value per Sharefor the quarter that ended in Dec. 2023 was $113.16. Hence, Grupo Assa's P/B Ratio of today is 0.86.


Grupo Assa Price-to-Tangible-Book Historical Data

The historical data trend for Grupo Assa'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.

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Grupo Assa Price-to-Tangible-Book Chart

Grupo Assa 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 1.13 0.98 1.04 1.06 0.81

Grupo Assa 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 1.06 0.97 0.92 0.90 0.81

Competitive Comparison of Grupo Assa's Price-to-Tangible-Book

For the Insurance - Diversified subindustry, Grupo Assa'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.


Grupo Assa's Price-to-Tangible-Book Distribution in the Insurance Industry

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

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



Grupo Assa Price-to-Tangible-Book Calculation

Grupo Assa's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=97.00/106.099
=0.91

* 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.


Grupo Assa Price-to-Tangible-Book Related Terms

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


Grupo Assa (XPTY:ASSA) Business Description

Traded in Other Exchanges
N/A
Address
Nicanor de Obarrio Avenue (Calle 50), PO Box 0816-01622, ASSA Building, between Calles 56 and 57, Panama, PAN
Grupo Assa SA is engaged in the operations of insurance business, banking operations, financial activities and investment operations.

Grupo Assa (XPTY:ASSA) Headlines

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