National Western Life Group, Inc., through its subsidiary, National Western Life Insurance Company, operates as a stock life insurance company. It operates through Domestic Life Insurance, International Life Insurance, Annuities, and ONL and Affiliates segments. The company provides life products, including universal life insurance, interest-sensitive whole life, and traditional products, such as term insurance coverage; and annuity products comprising flexible premium and single premium deferred annuities, equity-index annuities, and single premium immediate annuities. The company also engages in the real estate and other investment activities. It markets and distributes its insurance products primarily through independent national marketing organizations. The company was founded in 1956 and is based in Austin, Texas.
P/B ratio for National Western Life Group, Inc. (NWLI)
P/B ratio as of 2023: 0.70
According to National Western Life Group, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.70. At the end of 2022 the company had a P/B ratio of 0.50.
P/B ratio history for National Western Life Group, Inc. from 1985 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.70 |
| 2022 | 0.50 |
| 2021 | 0.30 |
| 2020 | 0.29 |
| 2019 | 0.48 |
| 2018 | 0.54 |
| 2017 | 0.62 |
| 2016 | 0.62 |
| 2015 | 0.54 |
| 2014 | 0.59 |
| 2013 | 0.53 |
| 2012 | 0.39 |
| 2011 | 0.37 |
| 2010 | 0.47 |
| 2009 | 0.53 |
| 2008 | 0.59 |
| 2007 | 0.70 |
| 2006 | 0.87 |
| 2005 | 0.85 |
| 2004 | 0.73 |
| 2003 | 0.80 |
| 2002 | 0.56 |
| 2001 | 0.70 |
| 2000 | 0.71 |
| 1999 | 0.50 |
| 1998 | 0.94 |
| 1997 | 0.88 |
| 1996 | 0.86 |
| 1995 | 0.63 |
| 1994 | 0.44 |
| 1993 | 0.64 |
| 1992 | 0.88 |
| 1991 | 0.79 |
| 1990 | 0.21 |
| 1989 | 0.37 |
| 1988 | 0.50 |
| 1987 | 0.34 |
| 1986 | 0.75 |
| 1985 | 0.84 |