Vericity Inc

NASDAQ VERY

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Vericity Inc Price to Book Ratio (P/B) on June 03, 2024: 1.54

Vericity Inc Price to Book Ratio (P/B) is 1.54 on June 03, 2024, a 81.59% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • Vericity Inc 52-week high Price to Book Ratio (P/B) is 1.80 on March 15, 2024, which is 16.60% above the current Price to Book Ratio (P/B).
  • Vericity Inc 52-week low Price to Book Ratio (P/B) is 0.61 on September 12, 2023, which is -60.65% below the current Price to Book Ratio (P/B).
  • Vericity Inc average Price to Book Ratio (P/B) for the last 52 weeks is 1.36.
NASDAQ: VERY

Vericity Inc

CEO Mr. James Edward Hohmann
IPO Date Aug. 15, 2019
Location United States
Headquarters 8700 West Bryn Mawr Avenue, Chicago, IL, United States, 60631
Employees 458
Sector Financial Services
Industry Insurance - life
Description

Vericity, Inc., together with its subsidiaries, provides life insurance protection products for the middle American market. The company operates through Agency and Insurance segments. The Agency segment sells life insurance products for unaffiliated insurance companies through its call center distribution platform, as well as through its independent agents and other marketing organizations. This segment is also involved in the insurance lead sale activities through its eCoverage web presence. The Insurance segment provides term life, accidental death, and final expense products. Vericity, Inc. was incorporated in 2013 and is headquartered in Des Plaines, Illinois.

StockViz Staff

September 16, 2024

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