Universal Insurance Holdings, Inc.
UVE

$638.99 M
Marketcap
$22.59
Share price
Country
$0.19
Change (1 day)
$23.27
Year High
$15.63
Year Low

Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. The company develops, markets, and underwrites insurance products for personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire; and offers allied lines, coverage for other structures, and personal property, liability, and personal articles coverages. It also advises on actuarial issues, oversees distribution, administers claims payments, performs policy administration and underwriting, and assists with reinsurance negotiations; places and manages reinsurance programs for the insurance entities; and operates Clovered.com, an online platform in which consumers receive side-by-side quotes from various carriers across multiple states, as well as educational materials about homeowners' insurance policies. It offers its products through a network of independent agents, as well as Universal Direct, a direct-to-consumer online platform, which enables homeowners to directly purchase, pay for, and bind homeowners' policies. The company was formerly known as Universal Heights, Inc. and changed its name to Universal Insurance Holdings, Inc. in January 2001. Universal Insurance Holdings, Inc. was incorporated in 1990 and is headquartered in Fort Lauderdale, Florida.

marketcap

P/B ratio for Universal Insurance Holdings, Inc. (UVE)

P/B ratio as of 2023: 1.40

According to Universal Insurance Holdings, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.40. At the end of 2022 the company had a P/B ratio of 1.13.

P/B ratio history for Universal Insurance Holdings, Inc. from 1991 to 2023

P/B ratio at the end of each year

Year P/B ratio
2023 1.40
2022 1.13
2021 1.24
2020 1.07
2019 1.92
2018 2.63
2017 2.17
2016 2.67
2015 2.75
2014 3.14
2013 2.96
2012 1.06
2011 0.94
2010 1.36
2009 1.95
2008 0.90
2007 3.63
2006 4.35
2005 2.55
2004 0.45
2003 0.31
2002 0.21
2001 1.00
2000 1.34
1999 2.31
1998 2.53
1996 -26.95
1995 22.05
1994 88.33
1993 82.94
1992 60.11
1991 -679.82