International General Insurance Holdings (International General Insurance Holdings) Price-to-Tangible-Book : 1.15 (As of May. 06, 2024)

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What is International General Insurance Holdings Price-to-Tangible-Book?

As of today (2024-05-06), International General Insurance Holdings's share price is $13.48. International General Insurance Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $11.73. Hence, International General Insurance Holdings's Price to Tangible Book Ratio of today is 1.15.

The historical rank and industry rank for International General Insurance Holdings's Price-to-Tangible-Book or its related term are showing as below:

IGIC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.96 Med: 1.02 Max: 1.15
Current: 1.15

During the past 7 years, International General Insurance Holdings's highest Price to Tangible Book Ratio was 1.15. The lowest was 0.96. And the median was 1.02.

IGIC's Price-to-Tangible-Book is ranked better than
58.73% of 458 companies
in the Insurance industry
Industry Median: 1.34 vs IGIC: 1.15

A closely related ratio is called PB Ratio. As of today, International General Insurance Holdings's share price is $13.48. International General Insurance Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $11.73. Hence, International General Insurance Holdings's P/B Ratio of today is 1.15.

International General Insurance Holdings Price-to-Tangible-Book Historical Data

The historical data trend for International General 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.

* Premium members only.

International General Insurance Holdings Price-to-Tangible-Book Chart

International General Insurance Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.04

1.00

0.96

1.10

International General Insurance Holdings Quarterly Data
	Dec18	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															0.96	0.90	0.89	1.12	1.10

Competitive Comparison of International General Insurance Holdings's Price-to-Tangible-Book

For the Insurance - Diversified subindustry, International General 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.

International General Insurance Holdings's Price-to-Tangible-Book Distribution in the Insurance Industry

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

* The bar in red indicates where International General Insurance Holdings's Price-to-Tangible-Book falls into.

International General Insurance Holdings Price-to-Tangible-Book Calculation

International General Insurance Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	13.48	/	11.73
	=	1.15

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.

International General Insurance Holdings Price-to-Tangible-Book Related Terms

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

International General Insurance Holdings (International General Insurance Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » International General Insurance Holdings Ltd (NAS:IGIC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

74 Abdel Hamid Sharaf Street, P.O. Box 941428, Amman, JOR, 11194

Website

https://www.iginsure.com

International General Insurance Holdings Ltd is an international specialist commercial insurer and a reinsurer, underwriting a diverse portfolio of specialty lines. The company operates in a portfolio of Energy, Property, Construction, Engineering, Ports and terminals, Financial Institutions, General Aviation, Professional Indemnity, Casualty, Directors and Officers, Political Violence, Forestry, and Treaty Reinsurance. Its operating segment includes Specialty Longtail; Specialty Short tail and Reinsurance. The company generates maximum revenue in the United Kingdom.