Find the latest price book value for fairfax financial holdings ltd. Since the company was created back in the mid80s, fairfax has lived up to its explicitly stated goal. Historical price to book ratio values for fairfax financial holdings frfhf over the last 10 years. Learn about ffh with our data and independent analysis including price, star rating, valuation, dividends, and financials. In trading on friday, shares of fairfax financial holdings, ltd. In depth view into fairfax financial holdings price to book value including historical data from 1995, charts, stats and industry comps. In depth view into fairfax financial holdings price to book value including historical data from 2000, charts, stats and industry comps.
Fairfax financial holdingss stock price appreciation over the years has been impressive. Fairfax is now a full fledged cult stock among value investors, and its success led at least one wellknown investor to announce his switch from being short to proudly owning. Adding in profits and 12% premium growth from its underwriting business, which maintained a combined ratio below 100%. The current price to book ratio for fairfax financial holdings as of april 15, 2020 is 0. The value of the stock will follow the underlying book value of the company which has continued to climb over the years. The company has been under present management since september 1985. You can also select from a set of available indicators by clicking on the link to the right.
Price book value is a widely used stock evaluation measure. Indepth view of key statistics and finances for fairfax financial holdings limited ffh on msn money. Toronto stock quote fairfax financial holdings ltd. Investors sour on fairfax as stock losses pile up the. As watsa likes to say, fairfaxs share price follows its book value per share. View realtime stock prices and stock quotes for a full financial overview. Fairfax financial is a financial holding company based in toronto, ontario, which is engaged in property, casualty, and life insurance and reinsurance, investment management, and insurance claims management. From 1985 to the end of 2010, the firm had a compound growth rate of approximately 25% in book value per share per year, it is about 243 times what fairfax began with in 1985. Toronto including stock price, stock chart, company news, key statistics, fundamentals and company profile. Fairfax corporate guiding principles fairfax financial. Fairfax financial holdings limited is a financial holding company based on toronto, ontario, canada. So, something like wrb is at the top range of valuation approaching 2x bv while fairfax sub 1x bv.
Share your opinion and gain insight from other stock traders and investors. Current and historical book value per share for fairfax financial holdings frfhf from 2006 to 2019. Eastern time on friday, may 1, 2020 to discuss its 2020 first quarter results, which will be. If the company meets the 15% goal over the next five years, book.
Logged the urge to save humanity is almost always a false face for the urge to rule it. The pe ratio of fairfax financial holdings ltd subordinate voting shares is 2. We had another excellent year in 2015 even though it was not obvious in the numbers, as book value per share increased by only 4. The latest annual shareholders meeting for fairfax financial holdings ltd. Fairfax financial offers reinsurance and property and casualty insurance in canada, the united states.
Buying at 60% of book value would equal close to 17% return on investment. Fairfax financial holdingss book value per share for the quarter that ended in dec. Fairfax financial picks up allied world assurance in. Fairfax financial holdings price to book ratio 20062019. The dark side of a value investor, prem watsa of fairfax. Ffh has been an incredible longterm investment for more than three decades. Find out all the key statistics for fairfax financial holdings ltd. Indepth view of key statistics and finances for fairfax financial holdings limited frfhf on msn money.
To, including valuation measures, fiscal year financial statistics, trading record, share statistics and more. Fairfax financial holdings price to book value frfhf. The company has a solid track record of value creation. But for this value investor, price is more important than size. In depth view into fairfax financial holdings book value per share explanation, calculation, historical data and more. Fairfax financial holdings book value per share 20062019. Ffh research and analysis for fairfax financial holdings. Stock analysis for fairfax financial holdings ltd ffh.
Just talking about wellrun financial institutions trading at. Fairfax financial holdings price to book value ffh. However, the recent performance has been anemic and events have left a lot of questions unanswered about fairfax. In fact, thats pretty close to the real returns of fairfax over the last two decades. We think managements ability to increase book value more than 30% annually since 1985 makes the story. Question for you guys who are more in the know than i am, is there a consensus opinion as to what the current book value is at this time. In trading on thursday, shares of fairfax financial holdings, ltd.
Detailed price information for fairfax financial holdings ltd ffht from the globe and mail including charting and trades. Fairfax financial holdings limited to our shareholders. Fairfax financial holdings limited is a holding company whose corporate objective is to achieve a high rate of return on invested capital and build long term shareholder value. Et on blackberry board member bert nordberg to step down. Insurance companies are usually modelled using a sum of the parts sotp and book value bv multiple. During the past 3 years, the average book value per share growth rate was 7. Book value per share can be defined as the amount of equity available to shareholders expressed on a per common share basis. Fairfax financial ffh shares cross below book value. The last few years, book value at the company has been at a near standstill. Fairfax india investment strategy canadian value investors. To, ffxdf is a separate investment fund controlled and about owned by fairfax financial ffh. Fairfax financial holdings ltd ffht quote the globe and mail. Fairfax financial actions and results speak louder than. If fairfax can generate even 5% annual returns on its investments, book value should rise by about 10% annually.
Fairfax reports recent developments toronto stock exchange. Ffh suggests veteran investor prem watsa is about to go on the offensive. The intrinsic value of fairfax in my opinion sits somewhere between 1. Since 1985, book value per share has increased by nearly 19% annually. Ffh crossed below their last reported book value defined as. In may 1987, watsa reorganized markel financial holdings limited and renamed it fairfax financial holdings limited fairfax. India fairfax india and graham value conference notes and thoughts by travis johnson, stock gumshoe, april 30, 2018 fairfax india holdings fihu. I think this is cheap for a insurance business that i think can achieve a high rate of book value growth over time.
The last time fairfaxs pricetobook value averaged 0. Fairfax financial ffh intrinsic value and book value. Fairfax financial holdings is yet another financial company insurance that is run by an incredible manager that has done really well over the years. Stock fairfax financial stock price today markets insider. Frfhf book value per share fairfax financial holdings. Book value per share can be defined as the amount of. Fairfax financial is undervalued and finally positioned to. Fairfax financial actions and results speak louder than words. A welldiversified insurance company run by prem watsa, canadas warren buffett. During the past 5 years, the average book value per share growth rate was 5. Fairfax financial holdings ltd subordinate voting shares has a pb ratio of 0.
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