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Gulf Insurance Group (SAU:8250) Price-to-Tangible-Book : 1.60 (As of May. 29, 2024)


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What is Gulf Insurance Group Price-to-Tangible-Book?

As of today (2024-05-29), Gulf Insurance Group's share price is ﷼29.20. Gulf Insurance Group's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ﷼18.21. Hence, Gulf Insurance Group's Price to Tangible Book Ratio of today is 1.60.

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

SAU:8250' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.15   Med: 1.86   Max: 3.43
Current: 1.6

During the past 13 years, Gulf Insurance Group's highest Price to Tangible Book Ratio was 3.43. The lowest was 1.15. And the median was 1.86.

SAU:8250's Price-to-Tangible-Book is ranked worse than
58.75% of 463 companies
in the Insurance industry
Industry Median: 1.32 vs SAU:8250: 1.60

A closely related ratio is called PB Ratio. As of today, Gulf Insurance Group's share price is ﷼29.20. Gulf Insurance Group's Book Value per Sharefor the quarter that ended in Mar. 2024 was ﷼19.63. Hence, Gulf Insurance Group's P/B Ratio of today is 1.49.


Gulf Insurance Group Price-to-Tangible-Book Historical Data

The historical data trend for Gulf Insurance 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.

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Gulf Insurance Group Price-to-Tangible-Book Chart

Gulf Insurance Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.05 2.20 1.68 1.44 1.40

Gulf Insurance Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 1.47 1.69 1.75 1.40 2.09

Competitive Comparison of Gulf Insurance Group's Price-to-Tangible-Book

For the Insurance - Diversified subindustry, Gulf Insurance 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.


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

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

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



Gulf Insurance Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=29.20/18.205
=1.60

* 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 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.


Gulf Insurance Group Price-to-Tangible-Book Related Terms

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


Gulf Insurance Group (SAU:8250) Business Description

Traded in Other Exchanges
N/A
Address
King Abdullah Road, P.O. Box 753, Al Nuzha District, Riyadh, SAU, 11421
Gulf Insurance Group operates in the insurance industry. The company's line of business includes health, motor, marine, property, engineering, accident, liability, and protection insurance. It has various segments which include Motor, Property and Casualty, Health, and Protection. The majority of the revenue is generated from its Motor insurance segment which is intended to compensate the policyholder for damage to the vehicle or liability to third parties due to an accident.

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