Aperam


INSURANCE HIGH P/BOOK REFLECTS RISK TRANSFER

21/11/25 -"Banks have experienced a massive rerating since their 2020 Covid lows. Their P/Book ratios attest to that. At 1.18x they are vastly higher in 2025 than the 0.52x last seen in 2020 (see chart, Banks ..."

Pages
67
Language
English
Published on
21/11/25
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EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

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