Renaissancere Holdings Preferred Stock Price To Book

RNR-PF Preferred Stock   24.48  0.05  0.20%   
RenaissanceRe Holdings fundamentals help investors to digest information that contributes to RenaissanceRe Holdings' financial success or failures. It also enables traders to predict the movement of RenaissanceRe Preferred Stock. The fundamental analysis module provides a way to measure RenaissanceRe Holdings' 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 RenaissanceRe Holdings preferred stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

RenaissanceRe Holdings Company Price To Book Analysis

RenaissanceRe Holdings' 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.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis
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.
Competition

Based on the latest financial disclosure, RenaissanceRe Holdings has a Price To Book of 0.0 times. This is 100.0% lower than that of the Financial Services sector and about the same as Insurance-Reinsurance (which currently averages 0.0) industry. The price to book for all United States preferred stocks is 100.0% higher than that of the company.

RenaissanceRe Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RenaissanceRe Holdings' direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of RenaissanceRe Holdings could also be used in its relative valuation, which is a method of valuing RenaissanceRe Holdings by comparing valuation metrics of similar companies.
RenaissanceRe Holdings is currently under evaluation in price to book category among its peers.

RenaissanceRe Fundamentals

About RenaissanceRe Holdings Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze RenaissanceRe Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RenaissanceRe Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RenaissanceRe Holdings 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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Other Information on Investing in RenaissanceRe Preferred Stock

RenaissanceRe Holdings financial ratios help investors to determine whether RenaissanceRe Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in RenaissanceRe with respect to the benefits of owning RenaissanceRe Holdings security.