As of today (2024-04-27), Markel Group's share price is $1436.52. Markel Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $775.10. Hence, Markel Group's Price to Tangible Book Ratio of today is 1.85.
The historical rank and industry rank for Markel Group's Price-to-Tangible-Book or its related term are showing as below:
MKL'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.63 Med: 2.01 Max: 2.82
Current: 1.85
During the past 13 years, Markel Group's highest Price to Tangible Book Ratio was 2.82. The lowest was 1.63. And the median was 2.01.
MKL's Price-to-Tangible-Book is ranked worse than 64.49% of 459
companies
in the Insurance industry
Industry Median: 1.34
vs MKL: 1.85
Markel Group Price-to-Tangible-Book Historical Data
The historical data trend for Markel Group'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.
Competitive Comparison of Markel Group's Price-to-Tangible-Book
For the Insurance - Property & Casualty subindustry, Markel Group'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.
Markel Group's Price-to-Tangible-Book Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Markel Group's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Markel Group's Price-to-Tangible-Book falls into.
Markel Group Price-to-Tangible-Book Calculation
Markel Group's price-to-tangible-book ratio for today is calculated as:
* 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.
Markel Group Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Markel Group's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Markel's primary business is property and casualty insurance, and the company focuses primarily on specialty lines, ranging from areas such as executive liability to commercial equine insurance. The acquisition of Alterra in 2013 added substantial reinsurance operations, which now account for a little less than 15% of premiums. The company uses capital generated by its insurance operations to buy noninsurance operations in diverse areas, such as bakery equipment manufacturing and residential homebuilding.
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