Royal Exchange

Royal Exchange P/TBV

The Price to Tangible Book Value (P/TBV) of Royal Exchange (ROYALEX.NL) as of Oct 16, 2026 is 2.67. In the previous year, Price to Tangible Book Value (P/TBV) was 4.40 — a change of -39.39% (lower).

P/TBV

2.67

YoY

-39.39%

Last updated:

Price to Tangible Book Value (P/TBV) of Royal Exchange is 2024 2.67 . Price to Tangible Book Value (P/TBV) of Royal Exchange was 2023 4.40 . It decreases by -39.39% lower compared to the previous year.

The Royal Exchange P/TBV history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

P/TBV
Date
P/TBV
Jan 1, 2017
2.98 NGN
Jan 1, 2018
3.25 NGN
Jan 1, 2019
4.20 NGN
Jan 1, 2020
4.57 NGN
Jan 1, 2021
8.87 NGN
Jan 1, 2022
7.93 NGN
Jan 1, 2023
4.40 NGN
Jan 1, 2024
2.67 NGN
The Royal Exchange P/TBV history
YEARP/TBVYoY
2.67-39.39%
4.40-44.49%
7.93-10.56%
8.87+94.29%
4.57+8.65%
4.20+29.20%
3.25+9.12%
2.98+13.29%
2.63—

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Royal Exchange Stock analysis

What does Royal Exchange do? Royal Exchange PLC is a financial services company based in Lagos, Nigeria, operating primarily in the insurance sector. Founded on October 1, 1989, the company provides a range of insurance and financial services through its various segments and subsidiaries. The company's main segments include life insurance, healthcare, and credit financing. Royal Exchange Prudential Life Assurance Plc operates within the life insurance segment, while Royal Exchange Healthcare Limited focuses on health management services and healthcare insurance. Royal Exchange Finance Company Ltd offers financial advisory, fund management, leasing, and investment management services. Royal Exchange General Insurance Company Limited specializes in non-life insurance products. Royal Exchange Microfinance Bank Limited supports small-scale industries, micro-economic activities, and cooperative enterprises through financial assistance. The company's headquarters are located in Lagos, Nigeria, and it is listed on the Nigerian Stock Exchange under the ticker ROYALEX.NL. Its ISIN code is NGROYALEX007. Royal Exchange PLC serves a diverse client base across Nigeria, delivering tailored insurance solutions and financial services to individuals and businesses. The company's structure reflects a comprehensive approach to financial services, integrating life and non-life insurance with healthcare and microfinance offerings. The firm's website, www.royalexchangeplc.com, provides further information about its services and operations. Royal Exchange is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Royal Exchange stock

Price to Tangible Book Value (P/TBV) of Royal Exchange is 2.67 in 2024.

Price to Tangible Book Value (P/TBV) of Royal Exchange changed from 4.40 to 2.67, representing a -39.39% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Price to Tangible Book Value (P/TBV) Royal Exchange since 2006 – with annual values, charts, and detailed analysis.

P/TBV compares the stock price to tangible book value per share, excluding goodwill and intangibles. It provides a conservative asset-based valuation.

To evaluate Price to Tangible Book Value (P/TBV)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Price to Tangible Book Value (P/TBV).

A 'good' varies by industry and company stage. On Eulerpool, you can compare Price to Tangible Book Value (P/TBV)'s Royal Exchange with sector peers and the industry average to assess whether it is attractive.

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