Selective Insurance Group Stock Price To Book
| SIGI Stock | USD 96.41 1.78 1.81% |
Selective Insurance Group fundamentals help investors to digest information that contributes to Selective Insurance's financial success or failures. It also enables traders to predict the movement of Selective Stock. The fundamental analysis module provides a way to measure Selective Insurance's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Selective Insurance stock.
The Selective Insurance's current Price To Book Ratio is estimated to increase to 2.14. Selective | Price To Book |
Selective Insurance Group Company Price To Book Analysis
Selective Insurance's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Selective Insurance Price To Book | 2.23 X |
Most of Selective Insurance's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Selective Insurance Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Selective Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Selective Insurance is extremely important. It helps to project a fair market value of Selective Stock properly, considering its historical fundamentals such as Price To Book. Since Selective Insurance's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Selective Insurance's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Selective Insurance's interrelated accounts and indicators.
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Selective Price To Book Historical Pattern
Today, most investors in Selective Insurance Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Selective Insurance's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Selective Insurance price to book as a starting point in their analysis.
Selective Insurance Price To Book |
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Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Selective Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Selective Insurance Group has a Price To Book of 2.2307 times. This is 51.29% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The price to book for all United States stocks is 76.54% higher than that of the company.
Selective Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Selective Insurance's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Selective Insurance could also be used in its relative valuation, which is a method of valuing Selective Insurance by comparing valuation metrics of similar companies.Selective Insurance is currently under evaluation in price to book category among related companies.
Selective Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0258 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 6.42 B | ||||
| Shares Outstanding | 60.79 M | ||||
| Shares Owned By Insiders | 1.20 % | ||||
| Shares Owned By Institutions | 84.83 % | ||||
| Number Of Shares Shorted | 1.14 M | ||||
| Price To Earning | 17.00 X | ||||
| Price To Book | 2.23 X | ||||
| Price To Sales | 1.45 X | ||||
| Revenue | 4.23 B | ||||
| Gross Profit | 740.47 M | ||||
| EBITDA | 40.66 M | ||||
| Net Income | 365.24 M | ||||
| Cash And Equivalents | 289.62 M | ||||
| Cash Per Share | 4.80 X | ||||
| Total Debt | 503.95 M | ||||
| Debt To Equity | 0.19 % | ||||
| Current Ratio | 0.33 X | ||||
| Book Value Per Share | 46.17 X | ||||
| Cash Flow From Operations | 758.91 M | ||||
| Short Ratio | 3.30 X | ||||
| Earnings Per Share | 5.77 X | ||||
| Price To Earnings To Growth | 1.86 X | ||||
| Target Price | 107.43 | ||||
| Number Of Employees | 2.65 K | ||||
| Beta | 0.53 | ||||
| Market Capitalization | 5.97 B | ||||
| Total Asset | 11.8 B | ||||
| Retained Earnings | 3.03 B | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 1.29 % | ||||
| Net Asset | 11.8 B | ||||
| Last Dividend Paid | 1.3 |
About Selective Insurance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Selective Insurance Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Selective Insurance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Selective Insurance Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Selective Insurance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Selective Insurance's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Selective Insurance Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Selective Insurance Group Stock:Check out Selective Insurance Piotroski F Score and Selective Insurance Altman Z Score analysis. Note that the Selective Insurance information on this page should be used as a complementary analysis to other Selective Insurance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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When running Selective Insurance's price analysis, check to measure Selective Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Selective Insurance is operating at the current time. Most of Selective Insurance's value examination focuses on studying past and present price action to predict the probability of Selective Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Selective Insurance's price. Additionally, you may evaluate how the addition of Selective Insurance to your portfolios can decrease your overall portfolio volatility.
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Is Selective Insurance's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Selective Insurance. If investors know Selective will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Selective Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.12) | Dividend Share 1.3 | Earnings Share 5.77 | Revenue Per Share 72.438 | Quarterly Revenue Growth 0.165 |
The market value of Selective Insurance is measured differently than its book value, which is the value of Selective that is recorded on the company's balance sheet. Investors also form their own opinion of Selective Insurance's value that differs from its market value or its book value, called intrinsic value, which is Selective Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Selective Insurance's market value can be influenced by many factors that don't directly affect Selective Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Selective Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Selective Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Selective Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.