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Citizens (Citizens) Price-to-Tangible-Book : 0.60 (As of Apr. 29, 2024)


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What is Citizens Price-to-Tangible-Book?

As of today (2024-04-29), Citizens's share price is $2.08. Citizens's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $3.47. Hence, Citizens's Price to Tangible Book Ratio of today is 0.60.

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

CIA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.6   Med: 1.57   Max: 2.33
Current: 0.6

During the past 13 years, Citizens's highest Price to Tangible Book Ratio was 2.33. The lowest was 0.60. And the median was 1.57.

CIA's Price-to-Tangible-Book is ranked better than
86.49% of 459 companies
in the Insurance industry
Industry Median: 1.34 vs CIA: 0.60

A closely related ratio is called PB Ratio. As of today, Citizens's share price is $2.08. Citizens's Book Value per Sharefor the quarter that ended in Dec. 2023 was $3.47. Hence, Citizens's P/B Ratio of today is 0.60.


Citizens Price-to-Tangible-Book Historical Data

The historical data trend for Citizens'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.

Citizens Price-to-Tangible-Book Chart

Citizens Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 1.01 0.83 0.83 0.77

Citizens Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book 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 0.83 1.20 0.81 0.93 0.77

Competitive Comparison of Citizens's Price-to-Tangible-Book

For the Insurance - Life subindustry, Citizens'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.


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

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

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



Citizens Price-to-Tangible-Book Calculation

Citizens's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=2.08/3.474
=0.60

* 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.

It can also be calculated from the numbers for the whole company:

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.


Citizens Price-to-Tangible-Book Related Terms

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


Citizens (Citizens) Business Description

Traded in Other Exchanges
N/A
Address
11815 Alterra Parkway, Suite 1500, Austin, TX, USA, 78758
Citizens Inc is an insurance holding company serving the life insurance needs of individuals in the United States. The company provides insurance benefits to residents in 32 U.S. states and more than 70 countries through its insurance subsidiaries. The company operates in two business segments namely the Life Insurance segment and the Home Service Insurance segment. The company majority generates revenues from Life Insurance segment.
Executives
James Keith Morgan director PO BOX 149151, AUSTIN TX 78714
Christopher W Claus director TRUECAR, INC., 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Jeffery P. Conklin officer: VP, CFO & Treasurer 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758
Gerald W Shields director, officer: President & CEO 11815 ALTERRA PARKWAY, SUITE 1500, AUSTIN TX 78758
Harvey J. Waite officer: VP, Chief Actuary 2900 ESPERANZA CROSSING, 2ND FLOOR, AUSTIN TX 78758
Mary Taylor director PO BOX 149151, AUSTIN TX 78714
Cynthia H Davis director PO BOX 149151, AUSTIN TX 78714
Davis Jerry Dodd Jr. director 11815 ALTERRA PARKWAY, SUITE 1500, AUSTIN TX 78758
Terry Sam Maness director 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758
Errol Dean Gage director 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758
Frank A Keating director 6100 N WESTERN AVENUE, OKLAHOMA CITY OK 73118
Mauldin Robert M Iii officer: VP, Chief Marketing Officer 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758
Sheryl L Kinlaw officer: Chief Legal Officer 11815 ALTERRA PKWY, FLOOR 15, AUSTIN TX 78758
Sloan Robert B Jr director 11815 ALTERRA PKWY, SUITE 1500, AUSTIN TX 78758
Fred L. Quatro director 2901 PENNY LANE, EULESS TX 76039