5d 1m 3m 1y 5y 10y
There is research on this stock available only to PRO subscribers.
PR Newswire (Feb 26, 2014)
PR Newswire (Feb 14, 2014)
PR Newswire (Jan 2, 2014)
PR Newswire (Dec 19, 2013)
TPRE vs. ETF Alternatives
Tuesday, Nov 262013, 12:42 PM
Tuesday, Nov 262013, 12:42 PM| 1 Comment
- It's another big day for Dan Loeb's Third Point Re (TPRE +2.1%) after Credit Suisse boosts its price target to $16 from $15. The stock's ahead by nearly a third since its August IPO and now sports a 1.38x price to book ratio.
- For comparison purposes, David Einhorn's Greenlight Capital Re (GLRE +1.4%) - also after a big run in the stock - sports a 1.31x price to book ratio.
- View all 1 replies
C_Stewart:: Use Price to Book instead of PE ratio for valuing insurance companies. TPRE is at 1.22, a similar company, GLRE is at 1.18.