American International Group Inc

NYSE AIG

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American International Group Inc Price to Tangible Book Ratio (P/TB) on June 03, 2024

American International Group Inc Price to Tangible Book Ratio (P/TB) is NA on June 03, 2024, a NA change year over year. The price to tangible book ratio compares the market price per share of a company's stock to its tangible book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus goodwill and intangible assets, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's tangible assets relative to its market price. A higher ratio suggests that investors are willing to pay a higher price for each unit of tangible book value, indicating positive market sentiment.
  • American International Group Inc 52-week high Price to Tangible Book Ratio (P/TB) is 1.72 on April 24, 2024, which is NA below the current Price to Tangible Book Ratio (P/TB).
  • American International Group Inc 52-week low Price to Tangible Book Ratio (P/TB) is 1.67 on April 17, 2024, which is NA below the current Price to Tangible Book Ratio (P/TB).
  • American International Group Inc average Price to Tangible Book Ratio (P/TB) for the last 52 weeks is 1.71.
NYSE: AIG

American International Group Inc

CEO Mr. Peter Salvatore Zaffino
IPO Date Sept. 7, 1984
Location United States
Headquarters 1271 Avenue of the Americas, New York, NY, United States, 10020
Employees 25,000
Sector Financial Services
Industry Insurance - diversified
Description

American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers' compensation, excess casualty, and crisis management insurance products; and professional liability insurance. This segment offers marine, energy-related property insurance, aviation, political risk, trade credit, trade finance, and portfolio solutions, as well as operates reinsurance business; voluntary and sponsor-paid personal accident, and supplemental health products; and personal auto and personal property insurance. Its Life and Retirement segment offers individual retirement products, including variable, fixed index, and fixed annuities, as well as retail mutual funds; group retirement products comprising record-keeping, plan administrative and compliance services, financial planning, and advisory solutions; life insurance, including term and universal life insurance; and institutional markets products, which includes wrap products, structured settlement, pension risk transfer annuities, corporate and bank-owned life insurance, high net worth, and guaranteed investment contract products. It distributes its products through a network of brokers, agents, advisors, banks, and other distributors. The company was founded in 1919 and is headquartered in New York, New York.

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StockViz Staff

September 19, 2024

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