Arch Capital Group’s Financials Under the Microscope
Arch Capital Group’s (ACGL) recent inclusion in the Baron Growth Fund Q1 2024 has sparked interest among investors and analysts. A closer look at the company’s financials reveals some intriguing trends.
A Closer Look at the Numbers
A technical analysis of ACGL’s asset reveals a price-to-earnings ratio of 8.59648, indicating a relatively low valuation. This suggests that the company’s stock price may be undervalued compared to its earnings. The price-to-book ratio of 1.73946, on the other hand, indicates a moderate level of investment. This ratio compares the company’s market value to its book value, providing insight into its financial health.
Historical Performance
A review of ACGL’s historical stock price reveals a fluctuating trend. The company’s stock price has ranged from a 52-week high of $116.47 to a low of $82.49, with a recent close at $92.57. These metrics provide a snapshot of the company’s financial standing, warranting further examination.
Key Metrics at a Glance
- Price-to-earnings ratio: 8.59648
- Price-to-book ratio: 1.73946
- 52-week high: $116.47
- 52-week low: $82.49
- Recent close: $92.57