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Corebridge Financial (Corebridge Financial) Price-to-Owner-Earnings : (As of Jun. 04, 2024)


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What is Corebridge Financial Price-to-Owner-Earnings?

As of today (2024-06-04), Corebridge Financial's share price is $29.42. Corebridge Financial does not have enough data to calculate Owner Earnings per Share (TTM), so as pPrice-to-Owner-Earnings.


The historical rank and industry rank for Corebridge Financial's Price-to-Owner-Earnings or its related term are showing as below:


CRBG's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 11.89
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-06-04), Corebridge Financial's share price is $29.42. Corebridge Financial's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $3.86. Therefore, Corebridge Financial's PE Ratio for today is 7.62.

As of today (2024-06-04), Corebridge Financial's share price is $29.42. Corebridge Financial's EPS without NRI for the trailing twelve months (TTM) ended in was $3.04. Therefore, Corebridge Financial's PE Ratio without NRI for today is 9.67.

During the past 5 years, Corebridge Financial's highest PE Ratio without NRI was 30.53. The lowest was 1.16. And the median was 4.79.


Corebridge Financial Price-to-Owner-Earnings Historical Data

The historical data trend for Corebridge Financial's Price-to-Owner-Earnings 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.

Corebridge Financial Price-to-Owner-Earnings Chart

Corebridge Financial Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
- - - - -

Corebridge Financial Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Owner-Earnings 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 - - - - -

Competitive Comparison of Corebridge Financial's Price-to-Owner-Earnings

For the Asset Management subindustry, Corebridge Financial's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Corebridge Financial's Price-to-Owner-Earnings Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Corebridge Financial's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Corebridge Financial's Price-to-Owner-Earnings falls into.



Corebridge Financial Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Corebridge Financial's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=29.42/0.00
=

* 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.


Corebridge Financial  (NYSE:CRBG) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Corebridge Financial Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Corebridge Financial's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


Corebridge Financial (Corebridge Financial) Business Description

Traded in Other Exchanges
Address
2919 Allen Parkway, Woodson Tower, Houston, TX, USA, 77019
Corebridge Financial Inc provides retirement solutions and insurance products in the United States. It offers a broad set of products and services through five segments namely Individual Retirement, Group Retirement, Life Insurance, Institutional Markets businesses, Corporate and Other.
Executives
American International Group, Inc. 10 percent owner 1271 AVE OF THE AMERICAS, FL 37, NEW YORK NY 10020-1304
John P Byrne officer: Pres of Financial Distributors 7428 FOXBURG COURT, CLARKSTON MI 48348
Timothy M Heslin officer: President of Life Insurance 4401 FARRISWOOD DR., NASHVILLE TN 37204
Bryan A Pinsky officer: Pres of Individual Retirement 405 10TH ST., MANHATTAN BEACH CA 90266
Caldwell Steven Douglas Jr officer: Chief Risk Officer 39 GRAMERCY PARK N APT 1BC, NEW YORK NY 10010
Christopher Brian Smith officer: Chief Operating Officer 42 WADE DRIVE, SUMMIT NJ 07901
Lisa Longino officer: Chief Investment Officer C/O COREBRIDGE FINANCIAL, INC., 2919 ALLEN PARKWAY, WOODSON TOWER, HOUSTON TX 77019
Hunter Constance officer: Head of Strategy 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Katherine Ann Anderson officer: Chief Risk Officer C/O COREBRIDGE FINANCIAL, INC., 21650 OXNARD STREET, SUITE 750, WOODLAND HILLS CA 91367
Elizabeth Palmer officer: Chief Marketing Officer C/O COREBRIDGE FINANCIAL, INC., 21650 OXNARD STREET, SUITE 750, WOODLAND HILLS CA 91367
Alan Leonard Smith officer: Chief Human Resources Officer C/O COREBRIDGE FINANCIAL, INC., 21650 OXNARD STREET, SUITE 750, WOODLAND HILLS CA 91367
Terri N Fiedler officer: President Retirement Services C/O COREBRIDGE FINANCIAL, INC., 21650 OXNARD STREET, SUITE 750, WOODLAND HILLS NY 91367
Todd P Solash officer: President, IR and Life C/O COREBRIDGE FINANCIAL, INC., 21650 OXNARD STREET, SUITE 750, WOODLAND HILLS CA 91367
Jonathan J Novak officer: President of IM C/O COREBRIDGE FINANCIAL, INC., 21650 OXNARD STREET, SUITE 750, WOODLAND HILLS CA 91367
Mia W Tarpey officer: Chief Operating Officer C/O COREBRIDGE FINANCIAL, INC., 21650 OXNARD STREET, SUITE 750, WOODLAND HILLS CA 91367