Aig tangible book value per share

American international group price to book value aig ycharts. American international group tangible book value per share. Aig book value per share explanation usually a companys book value and tangible book per share may not reflect its true value. In depth view into american international group tangible book per share explanation, calculation, historical data and more. Incredibly, even at a multiyear high, aigs price to tangible book value. Zombie value is the tangible book value of the business per share. May 20, 2016 we bought aig at substantial discount to tangible book value tbv, berkowitz said in his annual conference call. Press release aig reports first quarter 2020 results. Is it time to sell these insurance giants at multiyear highs. Bruce berkowitz axes positions in berkshire hathaway, aig, ibm. Total shareholders equity common shares outstanding. Aig tangible book per share american international group. View tangible book value per share for aig access over 100 stock metrics like beta, evebitda, pe10, free cash flow yield, kz index and cash conversion cycle.

The tbv excludes a firms intellectual property, patents, and trademarks because these are intangible assets that cannot be easily sold such as property, plant, and equipment. American international group price book for the quarter ending march 03, 2018 was 0. He is asked to calculate the book value per share of a stock and check if the stock trades at a fair value. The assets may be carried on the balance sheets at the original cost minus depreciation. May 04, 2020 tangible book value per common share 63. American international group, i aig valuation measures. Aig will host a conference call tomorrow, tuesday, may 5, 2020 at 8. Book value is defined as total assets minus liabilities, preferred stocks, and intangible assets. When pro forma net tangible book value per share is adjusted for the additional 3. American international group price to book value aig.

Book value per share is a widely used stock evaluation measure. American international group inc aig book value per share. Aig aig common is trading for a large discount to tangible book at around 50% of assets minus liabilities. A tangible book value per share tbvps is a method of valuing a company on a per share basis by measuring its equity after removing any intangible assets. The stock has been under a great deal of pressure, but bruce berkowitz has. Price to book value is a valuation ratio that is measured by stock price book value per share. Long term liabilities capital expenditure capital expenditure ttm.

Book value per share financial definition of book value per share. The call is open to the public and can be accessed via a live listenonly webcast in the. American international groups book value per sharefor the quarter that ended in mar. The amount of equity available to shareholders expressed on a per common share basis. American international group tangible book value per. Market capitalization is equal to the share price multiplied by the number of shares outstanding. Tbvps determines the potential value per share of a company in the. The book value is essentially the tangible accounting value of a firm compared to the market value that is shown. The price to book ratio or pb is calculated as market capitalization divided by its book value. The tangible book value per share tbvps shows the amount per share that shareholders would expect if the firm was liquidated today. Tangible book value per common share is derived by dividing total aig common shareholders equity, excluding goodwill.

This ratio is calculated by dividing the latest price close by tangible book value per share. Dec 12, 2016 a doubledigit return profile warrants the 1x multiple that we are applying to its tangible book value per share. In depth view into american international group book value per share. N american international group inc key metrics reuters. Find the latest price book value for american international group inc aig. Price to book ratio definition price to book value is a valuation ratio that is measured by stock price book value per share. The book value is essentially the tangible accounting value of a firm. In theory, a stocks tangible book value per share represents the amount of money an investor would receive for each share if a company were. Value per common share, excluding aoci and deferred tax assets dta adjusted tangible book value per common share are used to provide more accurate measure of the realizable value of shareholder on a percommon share basis. American international group inc aig price book value. To arrive at this number, subtract liabilities from assets. First quarter 2020 financial results presentation aig. This ratio gives an idea of whether an investor is paying too much for what would be left if the company went into liquidation as it represents the hard assets of the company.

Book value per common share, excluding accumulated other comprehensive income 70. Tangible common shareholders equity, tangible book value per. Price book value is a widely used stock evaluation measure. Aig pricetotangiblebook american international group. What that means is weve figured out what this business would be worth if the business is dead and doesnt do anything in the future at all. This implies that shares trade at a 17% discount to tbv, much. Tangible book value per share tbvps is the value of a companys tangible assets divided by its current outstanding shares.

Adjusted tangible book value per common share, which is adjusted book value per common share excluding goodwill, value of business. Find out all the key statistics for american international group, i aig, including valuation measures, fiscal year financial statistics, trading record, share statistics and more. The value of a business thats dead is called its tangible book value or we call it zombie value. While we expect aigs return profile to benefit from lower taxes, we also expect. American international group market cap chart for aig koyfin.

This may underestimate the true economic values of the assets. Usually a companys book value and tangible book per share may not reflect its true value. Book value per share tells investors what a banks, or any stocks, book value is on a pershare basis. Aig reports first quarter 2020 results marketwatch. Find out all the key statistics for american international group, i aig, including valuation.