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 (2024-04-25), James River Group Holdings's share price is $9.28. James River Group Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $14.20. Hence, James River Group Holdings's PB Ratio of today is 0.65.
The historical rank and industry rank for James River Group Holdings's PB Ratio or its related term are showing as below:
JRVR'
s PB Ratio Range Over the Past 10 Years
Min: 0.56 Med: 1.54 Max: 2.45
Current: 0.65
During the past 13 years, James River Group Holdings's highest PB Ratio was 2.45. The lowest was 0.56. And the median was 1.54.
JRVR's PB Ratio is ranked better than 82.64% of 484
companies
in the Insurance industry
Industry Median: 1.215
vs JRVR: 0.65
During the past 12 months, James River Group Holdings's average Book Value Per Share Growth Rate was -3.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -18.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -12.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -4.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of James River Group Holdings was 3.50% per year. The lowest was -18.20% per year. And the median was -1.20% per year.
Back to Basics: PB Ratio
James River Group Holdings PB Ratio Historical Data
The historical data trend for James River Group Holdings'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.
Competitive Comparison of James River Group Holdings's PB Ratio
For the Insurance - Specialty subindustry, James River Group Holdings'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.
James River Group Holdings's PB Ratio Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, James River Group Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where James River Group Holdings's PB Ratio falls into.
James River Group Holdings 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.
James River Group Holdings's PB Ratio for today is calculated as follows:
* 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.
James River Group Holdings (NAS:JRVR) PB Ratio Explanation
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.
James River Group Holdings PB Ratio Related Terms
Thank you for viewing the detailed overview of James River Group Holdings's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
James River Group Holdings (James River Group Holdings) Business Description
James River Group Holdings Ltd owns and operates a group of specialty insurance and reinsurance companies. It reports business into four segments. The Excess and Surplus Lines segment, which is the key revenue driver, offers commercial excess and surplus lines liability and excess property insurance products; the Specialty Admitted Insurance segment offers workers' compensation insurance coverage as well as specialty admitted fronting and program business; the Casualty Reinsurance segment offers commercial liability and non-catastrophe property reinsurance to US insurance companies and to the company's US-based insurance subsidiaries; and Corporate and Other segments.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
JRVR has been successfully added to your 