Trisura Group (TSX:TSU) Price-to-Tangible-Book : 3.29 (As of May. 03, 2024)

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What is Trisura Group Price-to-Tangible-Book?

As of today (2024-05-03), Trisura Group's share price is C$42.63. Trisura Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$12.97. Hence, Trisura Group's Price to Tangible Book Ratio of today is 3.29.

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

TSX:TSU' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.36 Med: 2.62 Max: 5.41
Current: 3.29

During the past 8 years, Trisura Group's highest Price to Tangible Book Ratio was 5.41. The lowest was 1.36. And the median was 2.62.

TSX:TSU's Price-to-Tangible-Book is ranked worse than
81.88% of 458 companies
in the Insurance industry
Industry Median: 1.34 vs TSX:TSU: 3.29

A closely related ratio is called PB Ratio. As of today, Trisura Group's share price is C$42.63. Trisura Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$13.06. Hence, Trisura Group's P/B Ratio of today is 3.26.

Trisura Group Price-to-Tangible-Book Historical Data

The historical data trend for Trisura 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.

* Premium members only.

Trisura Group Price-to-Tangible-Book Chart

Trisura Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.90

3.19

5.41

4.24

2.62

Trisura Group 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															4.24	2.96	3.25	2.39	2.62

Competitive Comparison of Trisura Group's Price-to-Tangible-Book

For the Insurance - Specialty subindustry, Trisura 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.

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

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

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

Trisura Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	42.63	/	12.966
	=	3.29

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Trisura Group Price-to-Tangible-Book Related Terms

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

Trisura Group (TSX:TSU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Trisura Group Ltd (TSX:TSU) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TRRSF:USA

Address

333 Bay Street, Suite 1610, Box 22, Toronto, ON, CAN, M5H 2R2

Website

https://www.trisura.com

Trisura Group Ltd is a Canadian-based company that engages in the provision of specialty insurance. The company's operations currently include specialty property and casualty insurance (Surety, Risk Solutions, and Corporate Insurance business lines), underwritten predominantly in Canada. The operating business segments are Trisura Guarantee, Trisura Specialty, and Trisura International. The Trisura Guarantee segment generates maximum revenue, which offers Surety, Risk Solutions, and Corporate Insurance products underwritten in Canada as well as the operations of Trisura Warranty.

Executives

Chris Yoshio Sekine

Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Trisura Group (TSX:TSU) Headlines

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