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5 Financial Companies Boosting Book-Value

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GuruFocus.com
·5 min read
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According to the GuruFocus All-in-One Screener, a Premium feature, the following companies have grown their book value per share over the past decade through April 29.

Book value per share is calculated as total equity minus preferred stock, divided by shares outstanding. Theoretically, it is what shareholders will receive if a company is liquidated. Total equity is a balance sheet item and is equal to total assets minus total liabilities.


Since the book value per share may not reflect the company's true value, some investors check the tangible book value to confirm their investment ideas.

BlackRock

The book value per share of BlackRock Inc. (BLK) has grown 5.30% over the past 10 years. The price-book ratio is 2.38.

The asset manager has a market cap of $77.09 billion and an enterprise value of $14.90 billion.

According to the discounted cash flow calculator, the stock is undervalued and is trading with a 7.09% margin of safety at $496.65. The share price has been as high as $576.81 and as low as $323.98 in the last 52 weeks. As of Wednesday, the stock was trading 13.90% below its 52-week high and 53.30% above its 52-week low. The price-earnings ratio is 18.39.

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With 0.19% of outstanding shares, Pioneer Investments (Trades, Portfolio) is the company's largest guru shareholder, followed by Tom Gayner (Trades, Portfolio) with 0.14% and Ken Fisher (Trades, Portfolio) with 0.08%.

Allstate

Allstate Corp.'s (ALL) book value per share has grown 7.70% over the past decade. The price-book ratio is 1.38 and the price-tangible book ratio is 1.59.

The American property-casualty insurer has a market cap of $32.62 billion and an enterprise value of $41.16 billion.

According to the DCF calculator, the stock is undervalued and is trading with a 74% margin of safety at $103.09. The share price has been as high as $125.92 and as low as $64.13 in the last 52 weeks. As of Wednesday, the stock was trading 18.13% below its 52-week high and 60.75% above its 52-week low. The price-earnings ratio is 7.32.

ff6e72d82abf90f3d489168085d5a52d.png
ff6e72d82abf90f3d489168085d5a52d.png

With 0.21% of outstanding shares, Pioneer Investments (Trades, Portfolio) is the company's largest guru shareholder, followed by Robert Bruce (Trades, Portfolio) with 0.10% and Richard Pzena (Trades, Portfolio) with 0.09%.

The Travelers

The Travelers Companies Inc.'s (TRV) book value per share has grown 6% over the past decade. The price-book ratio is 1.04 and the price-tangible book ratio is 1.26.

The company, which participates in both commercial and personal insurance lines, has a market cap of $26.01 billion and an enterprise value of $32.03 billion.

According to the DCF calculator, the stock is undervalued and is trading with a 6.42% margin of safety at $102.89. The share price has been as high as $155.09 and as low as $76.99 in the last 52 weeks. As of Wednesday, the stock was trading 32.66% below its 52-week high and 35.64% above its 52-week low. The price-earnings ratio is 11.09.

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HOTCHKIS & WILEY is the company's largest guru shareholder with 1.03% of outstanding shares, followed by First Eagle Investment (Trades, Portfolio) with 1.02% and Pioneer Investments (Trades, Portfolio) with 0.14%.

T. Rowe Price Group

The book value per share of T. Rowe Price Group Inc. (TROW) has grown 9.70% over the past 10 years. The price-book ratio is 3.50 and the price to tangible book ratio is 3.87.

The asset-management services provider has a market cap of $24.85 billion and an enterprise value of $23.22 billion.

According to the DCF calculator, the stock is undervalued and is trading with a 36% margin of safety at $113.83. The share price has been as high as $139.82 and as low as $82.51 in the last 52 weeks. As of Wednesday, the stock was trading 18.94% below its 52-week high and 37.37% above its 52-week low. The price-earnings ratio is 12.23.

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b857f84cc71d9dd5dfe7649abddc4712.png

With 0.33% of outstanding shares, Pioneer Investments (Trades, Portfolio) is the company's largest guru shareholder, followed by Ron Baron (Trades, Portfolio) with 0.15% and Gayner with 0.13%.

Markel

Markel Corp.'s (MKL) book value per share has grown 10.50% over the past decade. The price-book ratio is 1.12 and price-tangible book ratio is 1.77.

The property and casualty insurance company has a market cap of $12.42 billion.

According to the DCF calculator, the stock is undervalued with a 32% margin of safety at $933.99. The share price has been as high as $1,34.64 and as low as $710.52 in the last 52 weeks. As of Wednesday, the stock was trading 30.70% below its 52-week high and 31.45% above its 52-week low. The price-earnings ratio is 7.17.

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e82c5548a801bde39ce51d5a0e9cd26f.png

Chuck Akre (Trades, Portfolio) is the biggest guru shareholder of the company with 3.72% of outstanding shares, followed by Chris Davis (Trades, Portfolio) with 1.57% and Jim Simons (Trades, Portfolio)' Renaissance Technologies with 1.57%.

Disclosure: I do not own any stocks mentioned.

Read more here:

  • Fisher Asset Manager Cuts Pfizer, Johnson & Johnson

  • 6 Tech Stocks Boosting Earnings

  • 5 Popular Cyclical Stocks



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This article first appeared on GuruFocus.