Helvetia Holding AG (XSWX:HELN) Price-to-Tangible-Book : 3.73 (As of May. 11, 2024)

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What is Helvetia Holding AG Price-to-Tangible-Book?

As of today (2024-05-11), Helvetia Holding AG's share price is CHF124.70. Helvetia Holding AG's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was CHF33.44. Hence, Helvetia Holding AG's Price to Tangible Book Ratio of today is 3.73.

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

XSWX:HELN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.25 Med: 1.51 Max: 3.73
Current: 3.73

During the past 13 years, Helvetia Holding AG's highest Price to Tangible Book Ratio was 3.73. The lowest was 1.25. And the median was 1.51.

XSWX:HELN's Price-to-Tangible-Book is ranked worse than
85.19% of 459 companies
in the Insurance industry
Industry Median: 1.37 vs XSWX:HELN: 3.73

A closely related ratio is called PB Ratio. As of today, Helvetia Holding AG's share price is CHF124.70. Helvetia Holding AG's Book Value per Sharefor the quarter that ended in Dec. 2023 was CHF63.16. Hence, Helvetia Holding AG's P/B Ratio of today is 1.97.

Helvetia Holding AG Price-to-Tangible-Book Historical Data

The historical data trend for Helvetia Holding AG'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.

Helvetia Holding AG Price-to-Tangible-Book Chart

Helvetia Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.51

1.25

3.10

3.13

3.47

Helvetia Holding AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															3.10	2.40	3.13	3.59	3.47

Competitive Comparison of Helvetia Holding AG's Price-to-Tangible-Book

For the Insurance - Diversified subindustry, Helvetia Holding AG'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.

Helvetia Holding AG's Price-to-Tangible-Book Distribution in the Insurance Industry

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

* The bar in red indicates where Helvetia Holding AG's Price-to-Tangible-Book falls into.

Helvetia Holding AG Price-to-Tangible-Book Calculation

Helvetia Holding AG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	124.70	/	33.442
	=	3.73

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.

Helvetia Holding AG Price-to-Tangible-Book Related Terms

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

Helvetia Holding AG (XSWX:HELN) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

HLVTY:USA HELNz:UK

Address

Dufourstrasse 40, Saint Gallen, CHE, CH-9001

Website

https://www.helvetia.com

Helvetia Holding AG is a diversified insurance company. The company operates multiple segments including life, nonlife, and other activities. The company's life segment offers life insurance, pension plans, and annuities and generates most of the company's revenue. Helvetia derives the vast majority of its revenue within Switzerland, followed by Germany and Italy. Helvetia's business focuses on retail customers, as well as corporations of all sizes. It considers merger and acquisition investment as a component of its operational growth strategy.

Helvetia Holding AG (XSWX:HELN) Headlines

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