Selective Income Before Tax from 2010 to 2024
SIGI Stock | USD 95.30 2.21 2.27% |
Income Before Tax | First Reported 1989-09-30 | Previous Quarter -80.1 M | Current Value 116.5 M | Quarterly Volatility 35.2 M |
Check Selective Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Selective Insurance's main balance sheet or income statement drivers, such as Interest Expense of 16.9 M, Total Revenue of 96.1 M or Gross Profit of 87 M, as well as many indicators such as Price To Sales Ratio of 64.57, Dividend Yield of 0.0127 or PTB Ratio of 2.21. Selective financial statements analysis is a perfect complement when working with Selective Insurance Valuation or Volatility modules.
Selective | Income Before Tax |
Latest Selective Insurance's Income Before Tax Growth Pattern
Below is the plot of the Income Before Tax of Selective Insurance Group over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Selective Insurance income statement and is an important metric when analyzing Selective Insurance profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Selective Insurance's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Selective Insurance's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax | 10 Years Trend |
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Income Before Tax |
Timeline |
Selective Income Before Tax Regression Statistics
Arithmetic Mean | 252,792,507 | |
Geometric Mean | 183,340,155 | |
Coefficient Of Variation | 59.07 | |
Mean Deviation | 114,271,874 | |
Median | 232,692,000 | |
Standard Deviation | 149,314,761 | |
Sample Variance | 22294.9T | |
Range | 497.2M | |
R-Value | 0.90 | |
Mean Square Error | 4408.5T | |
R-Squared | 0.82 | |
Slope | 30,167,251 | |
Total Sum of Squares | 312128.6T |
Selective Income Before Tax History
About Selective Insurance Financial Statements
Investors use fundamental indicators, such as Selective Insurance's Income Before Tax, to determine how well the company is positioned to perform in the future. Although Selective Insurance's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last Reported | Projected for Next Year | ||
Income Before Tax | 458.4 M | 481.3 M |
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When determining whether Selective Insurance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Selective Insurance's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Selective Insurance Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Selective Insurance Group Stock:Check out the analysis of Selective Insurance Correlation against competitors. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Selective Insurance. If investors know Selective will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Selective Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.035 | Dividend Share 1.4 | Earnings Share 3.72 | Revenue Per Share 77.534 | Quarterly Revenue Growth 0.151 |
The market value of Selective Insurance is measured differently than its book value, which is the value of Selective that is recorded on the company's balance sheet. Investors also form their own opinion of Selective Insurance's value that differs from its market value or its book value, called intrinsic value, which is Selective Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Selective Insurance's market value can be influenced by many factors that don't directly affect Selective Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Selective Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Selective Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Selective Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.