Atlantic Insurance Co Public (CYS:ATL) Price-to-Tangible-Book : 1.27 (As of May. 11, 2024)

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What is Atlantic Insurance Co Public Price-to-Tangible-Book?

As of today (2024-05-11), Atlantic Insurance Co Public's share price is €1.90. Atlantic Insurance Co Public's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €1.49. Hence, Atlantic Insurance Co Public's Price to Tangible Book Ratio of today is 1.27.

The historical rank and industry rank for Atlantic Insurance Co Public's Price-to-Tangible-Book or its related term are showing as below:

CYS:ATL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.07 Med: 1.31 Max: 1.54
Current: 1.28

During the past 13 years, Atlantic Insurance Co Public's highest Price to Tangible Book Ratio was 1.54. The lowest was 1.07. And the median was 1.31.

CYS:ATL's Price-to-Tangible-Book is ranked better than
53.81% of 459 companies
in the Insurance industry
Industry Median: 1.37 vs CYS:ATL: 1.28

A closely related ratio is called PB Ratio. As of today, Atlantic Insurance Co Public's share price is €1.90. Atlantic Insurance Co Public's Book Value per Sharefor the quarter that ended in Dec. 2023 was €1.50. Hence, Atlantic Insurance Co Public's P/B Ratio of today is 1.27.

Atlantic Insurance Co Public Price-to-Tangible-Book Historical Data

The historical data trend for Atlantic Insurance Co Public'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.

Atlantic Insurance Co Public Price-to-Tangible-Book Chart

Atlantic Insurance Co Public Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.35

1.37

1.17

1.15

Atlantic Insurance Co Public Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.37	1.56	1.17	1.21	1.15

Competitive Comparison of Atlantic Insurance Co Public's Price-to-Tangible-Book

For the Insurance - Property & Casualty subindustry, Atlantic Insurance Co Public'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.

Atlantic Insurance Co Public's Price-to-Tangible-Book Distribution in the Insurance Industry

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

* The bar in red indicates where Atlantic Insurance Co Public's Price-to-Tangible-Book falls into.

Atlantic Insurance Co Public Price-to-Tangible-Book Calculation

Atlantic Insurance Co Public's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.90	/	1.492
	=	1.27

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.

Atlantic Insurance Co Public Price-to-Tangible-Book Related Terms

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

Atlantic Insurance Co Public (CYS:ATL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Atlantic Insurance Co Public Ltd (CYS:ATL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Esperidon Street, Atlantic Building, Strovolos, CYP, CY-2001

Website

https://www.atlantic.com.cy

Atlantic Insurance Co Public Ltd is an insurance company based in Cyprus. The company's operating segment includes general Insurance and Financial Services. It generates maximum revenue in the form of Premiums from the Insurance segment. The company offers undertaking of insurance business of the classes such as Motor, Household, Fire and Special Perils, Burglary, Medical, Personal Accident, Health Insurance, Travel, and Marine Cargo and other Property Damage, General Liability, Credit and Guarantees and miscellaneous, general business, the possession of land with the intention of its division into plots and their disposal and the provision of financial consultancy and brokerage services.

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