Book/Share of 1347 Property Insurance Holdings, Inc.

7.62
Book value per share is a company's assets minus liabilities divided by the number of shares outstanding.

The book value of a company is the value of its assets according to its balance sheet account balance. For assets, the value is based on the original cost of the asset less any depreciation, amortization or impairment costs made against the asset. Traditionally, a company's book value is its total assets minus intangible assets and liabilities. However, in practice, depending on the source of the calculation, book value may variably include goodwill, intangible assets, or both. The value inherent in its workforce, part of the intellectual capital of a company, is always ignored. The book value of a company may be also referred as with the term net asset value.

The book value per share is the the balance sheet equity value divided by the number of shares outstanding at the date of the balance sheet. Book value per share can be used to generate a measure of comprehensive earnings, when the opening and closing values are reconciled. The sale of shares/units by a business increases the total book value. Book value per share will increase if the additional shares are issued at a price higher than the pre-existing book value per share. The purchase of its own shares by a business will decrease total book value. Book value per share will decrease if more is paid for them than was received when originally issued. Dividends paid out will decrease book value per share value.

Book/Share of companies in the Finance sector on NASDAQ compared to 1347 Property Insurance Holdings, Inc.

1347 Property Insurance Holdings, Inc. logo

1347 Property Insurance Holdings, Inc., through its subsidiaries, provides property and casualty insurance products to individuals in Louisiana and Texas. The company offers homeowners' insurance, manufactured home insurance, dwelling fire insurance, and wind/hail insurance products, as well as reinsurance products. It offers its insurance policies through a network of independent agents. The company was formerly known as Maison Insurance Holdings, Inc. and changed its name to 1347 Property Insurance Holdings, Inc. in November 2013. 1347 Property Insurance Holdings, Inc. was founded in 2012 and is based in Tampa, Florida.

  • 1347 Property Insurance Holdings, Inc., 1511 North Westshore Boulevard, Tampa 33607, United States
  • 1347pih.com
  • 813-579-6213