Investors Title Company
ITIC

$423.87 M
Marketcap
$225.00
Share price
Country
$0.84
Change (1 day)
$236.01
Year High
$127.71
Year Low

Investors Title Company, through its subsidiaries, engages in the issuance of residential and commercial title insurance for residential, institutional, commercial, and industrial properties. The company underwrites land title insurance for owners and mortgagees as a primary insurer; and assumes the reinsurance of title insurance risks from other title insurance companies. It also provides services in connection with tax-deferred exchanges of like-kind property; acts as a qualified intermediary in tax-deferred exchanges of property; coordinates the exchange aspects of the real estate transaction, such as drafting standard exchange documents, holding the exchange funds between the sale of the old property and the purchase of the new property, and accepting the formal identification of the replacement property. In addition, it serves as an exchange accommodation titleholder for accomplishing reverse exchanges when the taxpayers decide to acquire replacement property before selling the relinquished property. Further, the company offers investment management and trust services to individuals, companies, banks, and trusts; and consulting and management services to clients to start and operate a title insurance agency. It issues title insurance policies primarily through approved attorneys from underwriting offices, as well as through independent issuing agents in 24 states and the District of Columbia, primarily in the eastern half of the United States. The company was founded in 1972 and is headquartered in Chapel Hill, North Carolina.

marketcap

P/B ratio for Investors Title Company (ITIC)

P/B ratio as of 2023: 1.22

According to Investors Title Company's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.22. At the end of 2022 the company had a P/B ratio of 1.16.

P/B ratio history for Investors Title Company from 1985 to 2023

P/B ratio at the end of each year

Year P/B ratio
2023 1.22
2022 1.16
2021 1.63
2020 1.44
2019 1.57
2018 1.90
2017 2.10
2016 1.95
2015 1.39
2014 1.08
2013 1.30
2012 1.09
2011 0.72
2010 0.67
2009 0.73
2008 0.98
2007 0.96
2006 1.42
2005 1.28
2004 1.27
2003 1.23
2002 1.09
2001 0.89
2000 1.04
1999 1.28
1998 1.62
1997 1.90
1996 1.68
1995 1.33
1994 1.02
1993 1.52
1992 1.39
1991 0.93
1990 0.98
1989 1.25
1988 1.61
1987 3.02
1986 9.25
1985 13.55