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Jackson Financial (Jackson Financial) Price-to-Tangible-Book : 0.57 (As of Apr. 28, 2024)


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What is Jackson Financial Price-to-Tangible-Book?

As of today (2024-04-28), Jackson Financial's share price is $69.56. Jackson Financial's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $122.51. Hence, Jackson Financial's Price to Tangible Book Ratio of today is 0.57.

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

JXN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.33   Med: 0.36   Max: 0.57
Current: 0.57

During the past 6 years, Jackson Financial's highest Price to Tangible Book Ratio was 0.57. The lowest was 0.33. And the median was 0.36.

JXN's Price-to-Tangible-Book is ranked better than
87.58% of 459 companies
in the Insurance industry
Industry Median: 1.34 vs JXN: 0.57

A closely related ratio is called PB Ratio. As of today, Jackson Financial's share price is $69.56. Jackson Financial's Book Value per Sharefor the quarter that ended in Dec. 2023 was $122.51. Hence, Jackson Financial's P/B Ratio of today is 0.57.


Jackson Financial Price-to-Tangible-Book Historical Data

The historical data trend for Jackson Financial'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.

Jackson Financial Price-to-Tangible-Book Chart

Jackson Financial Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 0.36 0.33 0.42

Jackson Financial Quarterly Data
Dec18 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 0.33 0.37 0.31 0.34 0.42

Competitive Comparison of Jackson Financial's Price-to-Tangible-Book

For the Insurance - Life subindustry, Jackson Financial'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.


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

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

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



Jackson Financial Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=69.56/122.514
=0.57

* 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.


Jackson Financial Price-to-Tangible-Book Related Terms

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


Jackson Financial (Jackson Financial) Business Description

Traded in Other Exchanges
Address
1 Corporate Way, Lansing, MI, USA, 48951
Jackson Financial Inc helps Americans grow and protect their retirement savings and income to enable them to pursue financial freedom for life. Its retail product offerings comprise annuities, designed to help retail investors save for and live in retirement. Its diverse suite of annuities includes a variable, fixed index, and fixed annuities. It manages the business through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks and Corporate and Other segments.
Executives
Scott Romine officer: President and CEO, JNLD 1 CORPORATE WAY, LANSING MI 48951
Don W Cummings officer: SVP, Controller and CAO C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Russell G Noles director C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Christopher Raub officer: EVP and Chief Risk Officer 1 CORPORATE WAY, LANSING MI 48951
Gregory T Durant director C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Plc Prudential 10 percent owner 1 ANGEL COURT, LONDON X0 EC2R 7AG
Paul Chadwick Myers officer: Vice Chair, JHLLC C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Carrie Chelko officer: EVP, GC and Secretary 1 CORPORATE WAY, LANSING MI 48951
Laura Louene Prieskorn director, officer: CEO and President C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Devkumar Dilip Ganguly officer: EVP & Chief Operating Officer C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Dan Hagan 10 percent owner PO BOX 1225, COLUMBIA MO 65205
Derek G Kirkland director C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Lily Fu Claffee director C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Steven A Kandarian director METLIFE, 200 PARK AVENUE, NEW YORK NY 10166
Martin J Lippert director 200 PARK AVENUE, NEW YORK NY 10166