Selective Income Before Tax from 2010 to 2024

SIGI Stock  USD 95.30  2.21  2.27%   
Selective Insurance's Income Before Tax is increasing with slightly volatile movements from year to year. Income Before Tax is estimated to finish at about 481.3 M this year. For the period between 2010 and 2024, Selective Insurance, Income Before Tax quarterly trend regression had mean deviation of  114,271,874 and range of 497.2 M. View All Fundamentals
 
Income Before Tax  
First Reported
1989-09-30
Previous Quarter
-80.1 M
Current Value
116.5 M
Quarterly Volatility
35.2 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
Check out the analysis of Selective Insurance Correlation against competitors.

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 Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Selective Income Before Tax Regression Statistics

Arithmetic Mean252,792,507
Geometric Mean183,340,155
Coefficient Of Variation59.07
Mean Deviation114,271,874
Median232,692,000
Standard Deviation149,314,761
Sample Variance22294.9T
Range497.2M
R-Value0.90
Mean Square Error4408.5T
R-Squared0.82
Slope30,167,251
Total Sum of Squares312128.6T

Selective Income Before Tax History

2024481.3 M
2023458.4 M
2022280.2 M
2021505.3 M
2020303 M
2019336.4 M
2018211.7 M

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 ReportedProjected for Next Year
Income Before Tax458.4 M481.3 M

Currently Active Assets on Macroaxis

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.
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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.