Price to Book is defined as:
Price/Book = Market Cap / Common Equity
Applying this formula, American International’s Price/Book is calculated below:
Market Capitalization [ NA ]
(/) Common Equity [ NA ]
(=) Price/Book [ 1.2x ]
Price / Book (P/B) also known as the price-to-book ratio, or P/B ratio, is a financial ratio that compares a company’s current market cap to its book value. It is the inverse of Book to Market and the same as Market Cap / Book Value.
The tables below summarizes the trend in American International’s price/book over the last five years:
| Date |
Market Cap |
Book Value |
Price/Book |
| 2020-12-31 |
NA |
NA |
0.5 |
| 2021-12-31 |
NA |
NA |
0.7 |
| 2022-12-31 |
NA |
NA |
1.2 |
| 2023-12-31 |
NA |
NA |
1.2 |
| 2024-12-31 |
NA |
NA |
1.2 |
Click the link below to download a spreadsheet with an example Net Income to Common Excl Extra Items calculation for American International Group Inc below: