4 Low Price-to-Book Stocks From the Undervalued Insurance Industry - MGIC Investment ( NYSE:MTG ) , Axis Capital Holdings ( NYSE:AXS )
The Zacks Insurance industry is undervalued than the Zacks S&P 500 composite and the Zacks Finance sector. The insurance industry's price-to-book ( the best multiple for valuing insurers because of their unpredictable financial results ) of 1.57 was less than the Zacks S&P 500 composite's P/B of ...
| Ticker |
Sentiment |
Impact |
|
MTG
|
Neutral
|
7 %
|
|
NMIH
|
Somewhat Bullish
|
7 %
|
|
SSREF
|
Neutral
|
10 %
|
|
AXS
|
Somewhat Bullish
|
23 %
|
|
ORI
|
Somewhat Bullish
|
10 %
|
