GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Heritage Insurance Holdings Inc (NYSE:HRTG) » Definitions » Book Value per Share

Heritage Insurance Holdings (Heritage Insurance Holdings) Book Value per Share : $7.67 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Heritage Insurance Holdings Book Value per Share?

Heritage Insurance Holdings's book value per share for the quarter that ended in Mar. 2024 was $7.67.

During the past 12 months, Heritage Insurance Holdings's average Book Value Per Share Growth Rate was 26.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -23.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -18.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Heritage Insurance Holdings was 129.20% per year. The lowest was -31.10% per year. And the median was 7.20% per year.

Heritage Insurance Holdings's current price is $8.24. Its book value per share for the quarter that ended in Mar. 2024 was $7.67. Hence, today's PB Ratio of Heritage Insurance Holdings is 1.07.

During the past 12 years, the highest P/B Ratio of Heritage Insurance Holdings was 4.00. The lowest was 0.28. And the median was 0.98.


Heritage Insurance Holdings Book Value per Share Historical Data

The historical data trend for Heritage Insurance Holdings's Book Value per Share 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.

Heritage Insurance Holdings Book Value per Share Chart

Heritage Insurance Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.66 15.94 12.82 5.13 7.29

Heritage Insurance Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share 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 6.05 6.27 5.65 7.29 7.67

Competitive Comparison of Heritage Insurance Holdings's Book Value per Share

For the Insurance - Property & Casualty subindustry, Heritage Insurance Holdings's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Heritage Insurance Holdings's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Heritage Insurance Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Heritage Insurance Holdings's PB Ratio falls into.



Heritage Insurance Holdings Book Value per Share Calculation

Heritage Insurance Holdings's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(220.3-0.0)/30.2
=7.29

Heritage Insurance Holdings's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(234.9-0.0)/30.6
=7.67

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Heritage Insurance Holdings  (NYSE:HRTG) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Heritage Insurance Holdings Book Value per Share Related Terms

Thank you for viewing the detailed overview of Heritage Insurance Holdings's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Heritage Insurance Holdings (Heritage Insurance Holdings) Business Description

Traded in Other Exchanges
Address
1401 N. Westshore Boulevard, Tampa, FL, USA, 33607
Heritage Insurance Holdings Inc is a regional property and casualty insurance company that offers a variety of personal and commercial insurance products. Through its subsidiaries, Heritage Property & Casualty Insurance, Narragansett Bay Insurance, and Zephyr Insurance, the company issues personal residential property insurance in more than 10 states in the United States. It also offers commercial residential insurance primarily for its Florida properties. Heritage Insurance manages insurance underwriting, customer services, actuarial analysis, distribution, and claims processing internally.
Executives
Paul L Whiting director 2910 BAY TO BAY BLVD #200, TAMPA FL 33629
Ernie J Garateix officer: Chief Operating Officer 2600 MCCORMICK DRIVE, SUITE 300, CLEARWATER IL 33759
Richard A Widdicombe director, officer: President P O BOX 407193, FORT LAUDERDALE FL 33340
Raymond T Hyer 10 percent owner 3919 E 7TH AVENUE, TAMPA FL 33605
Timothy Moura officer: See Remarks C/O 2600 MCCORMICK DRIVE, SUITE 300, CLEARWATER FL 33301
Kirk Lusk officer: Chief Financial Officer 2600 MCCORMICK DRIVE, SUITE 300, CLEARWATER FL 33759
Sean W Poole other: Member of Group 3919 E 7TH AVE, TAMPA FL 33605
Tara K Tira other: Member of Group 3919 E 7TH AVENUE, TAMPA FL 33605
Kathleen A Hyer other: Member of Group 3919 E 7TH AVENUE, TAMPA FL 33605
Hyer Family Partnership, Llc other: Member of Group 3919 E 7TH AVE, TAMPA FL 33605
Futura Circuits Corp. other: Member of Group 3919 E 7TH AVE, TAMPA FL 33605
Steven C. Martindale officer: Chief Financial Officer C/O HERITAGE INSURANCE HOLDINGS, INC., 2600 MCCORMICK DRIVE SUITE 300, CLEARWATER FL 33759
Timothy E. Johns officer: See Remarks C/O HEI, P.O. BOX 730, HONOLULU HI 96808
Bruce Lucas director, officer: Chairman & CEO 2109 E. PALM AVENUE, TAMPA FL 33605
Mark S Berset director 700 CENTRAL AVE, SAINT PETERSBURG FL 33701