Fidelis Insurance Holdings (Fidelis Insurance Holdings) Price-to-Tangible-Book : 0.89 (As of May. 13, 2024)

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What is Fidelis Insurance Holdings Price-to-Tangible-Book?

As of today (2024-05-13), Fidelis Insurance Holdings's share price is $18.48. Fidelis Insurance Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $20.78. Hence, Fidelis Insurance Holdings's Price to Tangible Book Ratio of today is 0.89.

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

FIHL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.61 Med: 0.61 Max: 0.89
Current: 0.89

During the past 5 years, Fidelis Insurance Holdings's highest Price to Tangible Book Ratio was 0.89. The lowest was 0.61. And the median was 0.61.

FIHL's Price-to-Tangible-Book is ranked better than
73.26% of 460 companies
in the Insurance industry
Industry Median: 1.37 vs FIHL: 0.89

A closely related ratio is called PB Ratio. As of today, Fidelis Insurance Holdings's share price is $18.48. Fidelis Insurance Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $20.78. Hence, Fidelis Insurance Holdings's P/B Ratio of today is 0.89.

Fidelis Insurance Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Fidelis Insurance Holdings'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.

Fidelis Insurance Holdings Price-to-Tangible-Book Chart

Fidelis Insurance Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

0.61

Fidelis Insurance Holdings Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial						-	-	0.81	0.80	0.61

Competitive Comparison of Fidelis Insurance Holdings's Price-to-Tangible-Book

For the Insurance - Diversified subindustry, Fidelis Insurance Holdings'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.

Fidelis Insurance Holdings's Price-to-Tangible-Book Distribution in the Insurance Industry

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

* The bar in red indicates where Fidelis Insurance Holdings's Price-to-Tangible-Book falls into.

Fidelis Insurance Holdings Price-to-Tangible-Book Calculation

Fidelis Insurance Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	18.48	/	20.776
	=	0.89

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.

Fidelis Insurance Holdings Price-to-Tangible-Book Related Terms

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

Fidelis Insurance Holdings (Fidelis Insurance Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Fidelis Insurance Holdings Ltd (NYSE:FIHL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

U0K:Germany

Address

100 Pitts Bay Road, Waterloo House, Pembroke, BMU, HM08

Website

https://www.fidelisinsurance.com

Fidelis Insurance Holdings Ltd is a global (re)insurance company. It classify the business into three underwriting segments, namely Bespoke, Specialty and Reinsurance. Specialty primarily comprises property D&F, energy, marine and aviation lines. Bespoke primarily comprises credit and political risk and other tailored solutions for clients including transactional liabilities and credit insurance. Reinsurance primarily comprises property reinsurance.