Clal Insurance Enterprises Holdings (XTAE:CLIS) Price-to-Tangible-Book : 0.73 (As of Jun. 02, 2024)

View and export this data going back to 2002. Start your Free Trial

What is Clal Insurance Enterprises Holdings Price-to-Tangible-Book?

As of today (2024-06-02), Clal Insurance Enterprises Holdings's share price is ₪60.60. Clal Insurance Enterprises Holdings's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₪82.70. Hence, Clal Insurance Enterprises Holdings's Price to Tangible Book Ratio of today is 0.73.

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

XTAE:CLIS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.48 Med: 0.86 Max: 1.91
Current: 0.73

During the past 13 years, Clal Insurance Enterprises Holdings's highest Price to Tangible Book Ratio was 1.91. The lowest was 0.48. And the median was 0.86.

XTAE:CLIS's Price-to-Tangible-Book is ranked better than
80.6% of 464 companies
in the Insurance industry
Industry Median: 1.34 vs XTAE:CLIS: 0.73

A closely related ratio is called PB Ratio. As of today, Clal Insurance Enterprises Holdings's share price is ₪60.60. Clal Insurance Enterprises Holdings's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₪110.60. Hence, Clal Insurance Enterprises Holdings's P/B Ratio of today is 0.55.

Clal Insurance Enterprises Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Clal Insurance Enterprises 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.

Clal Insurance Enterprises Holdings Price-to-Tangible-Book Chart

Clal Insurance Enterprises Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.80

0.67

0.92

0.65

0.73

Clal Insurance Enterprises Holdings 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															0.62	0.71	0.71	0.73	0.79

Competitive Comparison of Clal Insurance Enterprises Holdings's Price-to-Tangible-Book

For the Insurance - Diversified subindustry, Clal Insurance Enterprises 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.

Clal Insurance Enterprises Holdings's Price-to-Tangible-Book Distribution in the Insurance Industry

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

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

Clal Insurance Enterprises Holdings Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	60.60	/	82.702
	=	0.73

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.

Clal Insurance Enterprises Holdings Price-to-Tangible-Book Related Terms

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

Clal Insurance Enterprises Holdings (XTAE:CLIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Clal Insurance Enterprises Holdings Ltd (XTAE:CLIS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

36 Raul Wallenberg Road, Kiryat Atidim, Tower 8, Tel Aviv, ISR, 6136902

Website

https://www.clalbit.co.il

Clal Insurance Enterprises Holdings Ltd is an insurance company, part of IDB Group, a conglomerate from Israel. Its lines of business are: Nonlife insurance, Health insurance, Pensions, and provident funds for private and corporate clients. Clal insurance divisions are: nonlife insurance, long-term savings, and health. The nonlife insurance division offers automotive, property, personal accidents, guarantees, liability, and marine insurance, among others. The life insurance and long-term savings division manages long-term assets, such as life insurance, pensions, and funds. The health insurance division consists of health insurance products, such as local and overseas surgeries, transplants, medications, critical illness, long-term care, and accidents. The company's main market is Israel.