Zimre Holdings (XZIM:ZIMR.ZW) Price-to-Tangible-Book : 0.13 (As of May. 21, 2024)

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What is Zimre Holdings Price-to-Tangible-Book?

As of today (2024-05-21), Zimre Holdings's share price is ZWL38.00. Zimre Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ZWL281.87. Hence, Zimre Holdings's Price to Tangible Book Ratio of today is 0.13.

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

XZIM:ZIMR.ZW' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.09 Med: 0.18 Max: 0.72
Current: 0.13

During the past 8 years, Zimre Holdings's highest Price to Tangible Book Ratio was 0.72. The lowest was 0.09. And the median was 0.18.

XZIM:ZIMR.ZW's Price-to-Tangible-Book is ranked better than
99.13% of 462 companies
in the Insurance industry
Industry Median: 1.335 vs XZIM:ZIMR.ZW: 0.13

A closely related ratio is called PB Ratio. As of today, Zimre Holdings's share price is ZWL38.00. Zimre Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was ZWL283.16. Hence, Zimre Holdings's P/B Ratio of today is 0.13.

Zimre Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Zimre 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.

Zimre Holdings Price-to-Tangible-Book Chart

Zimre Holdings Annual Data

Trend

Dec08

Dec09

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.09

0.72

0.19

0.16

0.65

Zimre Holdings Semi-Annual Data
	Dec09	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial								0.19	0.30	0.16	0.53	0.65

Competitive Comparison of Zimre Holdings's Price-to-Tangible-Book

For the Insurance - Reinsurance subindustry, Zimre 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.

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

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

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

Zimre Holdings Price-to-Tangible-Book Calculation

Zimre 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 )
	=	38.00	/	281.871
	=	0.13

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.

Zimre Holdings Price-to-Tangible-Book Related Terms

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

Zimre Holdings (XZIM:ZIMR.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zimre Holdings Ltd (XZIM:ZIMR.ZW) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

Smatsatsa Office Park, 2nd Floor, D Block, P.O. Box 4839, Borrowdale, Stand Number 10667, Harare, ZWE

Website

https://www.zhl.co.zw

Zimre Holdings Ltd is a Zimbabwe-based investment holding company. The firm operates its business activities in five segments. The Reinsurance segment offers short-term reinsurance products and services to general insurance companies locally, regionally and internationally. The Life reassurance segment offers its services to life assurance companies and medical aid societies locally and regionally. The Property segment is engaged in leasing, developing, managing, selling and buying properties. General insurance offers short-term insurance products and services directly to policyholders locally. Life and Pension segment. The Reinsurance segment contributes to the majority of the company's revenue. Zimre has operations in Botswana, Malawi, Mozambique, South Africa, Zambia and Zimbabwe.

Zimre Holdings (XZIM:ZIMR.ZW) Headlines

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