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UTG (UTGN) Book Value per Share : $53.42 (As of Mar. 2024)


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What is UTG Book Value per Share?

UTG's book value per share for the quarter that ended in Mar. 2024 was $53.42.

During the past 12 months, UTG's average Book Value Per Share Growth Rate was 11.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.10% 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 13 years, the highest 3-Year average Book Value Per Share Growth Rate of UTG was 23.90% per year. The lowest was -6.40% per year. And the median was 6.75% per year.

UTG's current price is $30.01. Its book value per share for the quarter that ended in Mar. 2024 was $53.42. Hence, today's PB Ratio of UTG is 0.56.

During the past 13 years, the highest P/B Ratio of UTG was 1.01. The lowest was 0.49. And the median was 0.65.

Good Sign:

UTG Inc stock PB Ratio (=0.56) is close to 1-year low of 0.56


UTG Book Value per Share Historical Data

The historical data trend for UTG'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.

UTG Book Value per Share Chart

UTG 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 39.96 43.04 44.45 49.79 50.94

UTG 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 47.98 47.61 48.45 50.94 53.42

Competitive Comparison of UTG's Book Value per Share

For the Insurance - Life subindustry, UTG'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.


UTG's PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where UTG's PB Ratio falls into.



UTG Book Value per Share Calculation

UTG'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)
=(161.23-0.00)/3.17
=50.94

UTG'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)
=(169.43-0.00)/3.17
=53.42

* 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.


UTG  (OTCPK:UTGN) 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.


UTG Book Value per Share Related Terms

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


UTG (UTGN) Business Description

Traded in Other Exchanges
N/A
Address
205 North Depot Street, Stanford, KY, USA, 40484
UTG Inc operates as a life insurance holding company. The company's primary business is individual life insurance which includes the servicing of existing insurance business in force and the acquisition of other companies in the insurance business and administration processing of life insurance business for other entities. Its product offering is the Tradition policy which is a fixed premium whole life insurance policy. Premiums are level and payable for life. Issue ages are 0-75. The second is the annuity product, which is a five-year, single premium product. The company's investment portfolio consists of fixed maturities, equity securities, trading securities, mortgage loans, notes receivable and real estate to provide funding for future policy contractual obligations.
Executives
Daniel T Roberts officer: Vice President 205 NORTH DEPOT STREET, STANFORD KY 40484
Jesse T Correll director, 10 percent owner, officer: Chairman & CEO
Bradley John Betack officer: Secretary 205 NORTH DEPOT STREET, STANFORD KY 40484
John Cortines director 205 NORTH DEPOT STREET, STANFORD KY 40484
Preston Howard Correll director 205 NORTH DEPOT STREET, STANFORD KY 40484
April Chapman director 205 NORTH DEPOT STREET, STANFORD KY 40484
First Southern Funding Llc 10 percent owner
Cumberland Lake Shell Inc 10 percent owner PO BOX 430, SOMERSET KY 42502
Kirk A. Correll 10 percent owner P.O. BOX 328, 99 LANCASTER STREET, STANFORD KY 40484
Estate Of Ward F. Correll 10 percent owner P.O. BOX 328, 99 LANCASTER STREET, STANFORD KY 40484
James Patrick Rousey director, officer: President 5250 SOUTH SIXTH STREET, SPRINGFIELD IL 62703
Douglas Paul Ditto officer: Vice President 5250 SOUTH SIXTH STREET, SPRINGFIELD IL 62703
Thomas Eugene Harmon director 5250 SOUTH SIXTH STREET, SPRINGFIELD IL 62703
Gabriel John Molnar director 12910 SHELBYVILLE RD #200, LOUISVILLE KY 40243
Brian J Crall director 101 PORTSMOUTH LANE, FRANKFORT KY 40601

UTG (UTGN) Headlines

From GuruFocus

Utg Inc (UTGN) Chairman & CEO Jesse T Correll Bought $1.2 million of Shares

By GuruFocus Research GuruFocus Editor 08-17-2020