What is Universal Insurance Holdings Price-to-Tangible-Book?
As of today (2024-04-25), Universal Insurance Holdings's share price is $20.26. Universal Insurance Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $11.70. Hence, Universal Insurance Holdings's Price to Tangible Book Ratio of today is 1.73.
The historical rank and industry rank for Universal Insurance Holdings's Price-to-Tangible-Book or its related term are showing as below:
UVE'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.05 Med: 2.01 Max: 3.19
Current: 1.73
During the past 13 years, Universal Insurance Holdings's highest Price to Tangible Book Ratio was 3.19. The lowest was 1.05. And the median was 2.01.
UVE's Price-to-Tangible-Book is ranked worse than 61.22% of 459
companies
in the Insurance industry
Industry Median: 1.33
vs UVE: 1.73
A closely related ratio is called PB Ratio. As of today, Universal Insurance Holdings's share price is $20.26. Universal Insurance Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $11.78. Hence, Universal Insurance Holdings's P/B Ratio of today is 1.72.
Universal Insurance Holdings Price-to-Tangible-Book Historical Data
The historical data trend for Universal 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.
Competitive Comparison of Universal Insurance Holdings's Price-to-Tangible-Book
For the Insurance - Property & Casualty subindustry, Universal 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.
Universal Insurance Holdings's Price-to-Tangible-Book Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Universal Insurance Holdings's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Universal Insurance Holdings's Price-to-Tangible-Book falls into.
* 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.
Universal Insurance Holdings Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Universal Insurance Holdings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Universal Insurance Holdings (Universal Insurance Holdings) Business Description
Universal Insurance Holdings Inc is a private personal residential homeowner insurance company. The company all aspects of insurance underwriting, policy issuance, general administration and claims processing and settlement internally through our vertically integrated operations. It generates revenues primarily from the collection of premiums. It operates within Florida and across the United States.
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