Talanx AG provides insurance and reinsurance products and services worldwide. The company offers life, casualty, liability, motor, aviation, legal protection, fire, burglary and theft, water damage, plate glass, windstorm, comprehensive householders, comprehensive home-owners, hail, livestock, engineering, omnium, marine, business interruption, travel assistance, aviation and space liability, financial lines, and other property insurance, as well as coverage for fire and fire loss of profits insurance. It also provides bancassurance products; unit linked life insurance, annuity and risk insurance, and long term and occupational disability insurance products; personal accident insurance; and Sharia-compliant retakaful reinsurance products. The company offers property and casualty, marine and aviation, credit/surety, agriculture, structured, and life and health reinsurance, as well as engages in the facultative and nat cat, and asset management businesses. The company was founded in 1996 and is based in Hanover, Germany. Talanx AG operates as a subsidiary of HDI Haftpflichtverband der Deutschen Industrie Versicherungsverein auf Gegenseitigkeit.
P/B ratio for Talanx AG (TLX.DE)
P/B ratio as of 2023: 1.57
According to Talanx AG's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.57. At the end of 2022 the company had a P/B ratio of 1.50.
P/B ratio history for Talanx AG from 2008 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.57 |
| 2022 | 1.50 |
| 2021 | 1.00 |
| 2020 | 0.77 |
| 2019 | 1.10 |
| 2018 | 0.86 |
| 2017 | 0.98 |
| 2016 | 0.88 |
| 2015 | 0.87 |
| 2014 | 0.80 |
| 2013 | 0.86 |
| 2012 | 0.64 |
| 2011 | 0.71 |
| 2010 | 0.78 |
| 2009 | 0.83 |
| 2008 | 1.06 |