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Cincinnati Financial (Cincinnati Financial) PB Ratio : 1.37 (As of Apr. 28, 2024)


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What is Cincinnati Financial PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-28), Cincinnati Financial's share price is $110.88. Cincinnati Financial's Book Value per Share for the quarter that ended in Mar. 2024 was $80.86. Hence, Cincinnati Financial's PB Ratio of today is 1.37.

Good Sign:

Cincinnati Financial Corp stock PB Ratio (=1.37) is close to 3-year low of 1.37

The historical rank and industry rank for Cincinnati Financial's PB Ratio or its related term are showing as below:

CINF' s PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.53   Max: 2.07
Current: 1.37

During the past 13 years, Cincinnati Financial's highest PB Ratio was 2.07. The lowest was 0.98. And the median was 1.53.

CINF's PB Ratio is ranked worse than
55.79% of 484 companies
in the Insurance industry
Industry Median: 1.22 vs CINF: 1.37

During the past 12 months, Cincinnati Financial's average Book Value Per Share Growth Rate was 18.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cincinnati Financial was 32.50% per year. The lowest was -9.70% per year. And the median was 7.80% per year.

Back to Basics: PB Ratio


Cincinnati Financial PB Ratio Historical Data

The historical data trend for Cincinnati Financial's PB Ratio 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.

Cincinnati Financial PB Ratio Chart

Cincinnati Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.74 1.30 1.39 1.52 1.34

Cincinnati Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio 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 1.64 1.38 1.51 1.34 1.54

Competitive Comparison of Cincinnati Financial's PB Ratio

For the Insurance - Property & Casualty subindustry, Cincinnati Financial's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Cincinnati Financial's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Cincinnati Financial's PB Ratio distribution charts can be found below:

* The bar in red indicates where Cincinnati Financial's PB Ratio falls into.



Cincinnati Financial PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Cincinnati Financial's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=110.88/80.856
=1.37

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Cincinnati Financial  (NAS:CINF) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Cincinnati Financial PB Ratio Related Terms

Thank you for viewing the detailed overview of Cincinnati Financial's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Cincinnati Financial (Cincinnati Financial) Business Description

Traded in Other Exchanges
Address
6200 S. Gilmore Road, Fairfield, OH, USA, 45014-5141
Cincinnati Financial Corp is a property and casualty insurance company that generates income through written premiums. A select group of independent agencies actively markets the company's business, home, and automotive insurance within their communities. These agents offer the company's personal lines as well as its standard market, excess, and surplus commercial line policies in many regions in the United States. Cincinnati Financial also offers leasing and financing services. The company operates in segments: Commercial lines insurance, Personal lines insurance, and Excess and surplus lines insurance, Life insurance, and Investments. The vast majority of the company's revenue is generated through commercial lines, followed by personal lines.
Executives
Dirk J Debbink director PO BOX 145496, CINCINNATI OH 45250-5496
Nancy Cunningham Benacci director PO BOX 145496, CINCINNATI OH 45250
Steven Anthony Soloria officer: Senior Vice President- Sub PO BOX 145496, CINCINNATI OH 45250
Douglas S Skidmore director PO BOX 145496, CINCINNATI OH 45250-5496
Thomas J Aaron director 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
David P Osborn director P.O. BOX 145496, CINCINNATI OH 45250-5496
Charles Odell Schiff director PO BOX 145496, CINCINNATI OH 45250
Marc Jon Schambow officer: SrVP/Chief Claims Officer PO BOX 145496, CINCINNATI OH 45250
Teresa C Cracas officer: Sr VP & Chief Risk Off. - Sub PO BOX 145496, CINCINNATI OH 45250-5496
Angela Ossello Delaney officer: Senior Vice President PO BOX 145496, CINCINNATI OH 45250
Doyle Donald J Jr officer: Sr Vice President - Subsidiary CINCINNATI FINANCIAL CORPORATION, P.O. BOX 145496, CINCINNATI OH 45250-5496
Pratt Jill P. Meyer director PO BOX 145496, CINCINNATI OH 45250
Theresa A Hoffer officer: Sr Vice President - Subsidiary PO BOX 145496, CINCINNATI OH 45250
Sean Michael Givler officer: Sr Vice President - Subsidiary PO BOX 145496, CINCINNATI OH 45250
Roger A Brown officer: Sr. Vice President-Subsidiary PO BOX 145496, CINCINNATI OH 45250