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AIICO InsuranceNSA:AIIC -2.50%43 3-Year Book Growth Rate is 36.20% as of Mar. 2026, which is 34% above its 10-year median of 27.00. GuruFocus rates NSA:AIIC with a GF Score™ of 43/100 and a GF Value™ of ₦5.10 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 479 Insurance companies, AIICO Insurance ranks better than 93.95% on this metric.
During the past 12 months, AIICO Insurance's average Book Value per Share Growth Rate was 43.80% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 36.20% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 28.80% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 11 years, the highest 3-Year average Book Value per Share Growth Rate of AIICO Insurance was 49.60% per year. The lowest was 1.40% per year. And the median was 27.00% per year.
AIICO Insurance (NSA:AIIC) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
AIICO Insurance 3-Year Book Growth Rate Related Terms
NSA:AIIC vs BRK.A, AIG, HIG: 3-Year Book Growth Rate Comparison
For the Insurance - Diversified subindustry, AIICO Insurance's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
AIICO Insurance 3-Year Book Growth Rate vs Insurance Industry
For the Insurance industry and Financial Services sector, AIICO Insurance's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where AIICO Insurance's 3-Year Book Growth Rate falls into.
AIICO Insurance 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 36.20% mean?
AIICO Insurance (NSA:AIIC) has a 3-Year Book Growth Rate of 36.20% as of Mar. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for AIICO Insurance and its competitors. This is 34% above median its historical median of 27.00. Over the past decade, AIICO Insurance's 3-Year Book Growth Rate has ranged from 1.40 to 49.60. According to the industry distribution chart, AIICO Insurance ranks #29 out of 479 companies in the Insurance industry, placing it in the top 6.1%.
Is AIICO Insurance's 3-Year Book Growth Rate too high?
AIICO Insurance's current 3-Year Book Growth Rate of 36.20% is 34% above median its 10-year median of 27.00. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 49.60. The Insurance industry median 3-Year Book Growth Rate is 8.50. AIICO Insurance's value of 36.20% is 325.9% above this industry median. Based on the distribution chart, AIICO Insurance ranks #29 out of 479 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, AIICO Insurance has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AIICO Insurance's 3-Year Book Growth Rate compare to BRK.A and AIG?
According to the Insurance industry distribution chart, AIICO Insurance ranks #29 out of 479 companies for 3-Year Book Growth Rate. This places AIICO Insurance in the top 6% of its industry — outperforming the majority of peers. The industry median 3-Year Book Growth Rate is 8.50. AIICO Insurance's value of 36.20% is 325.9% above this benchmark. Historically, AIICO Insurance's own 3-Year Book Growth Rate has ranged from 1.40 to 49.60 over the past decade. While the company's 10-year median is 27.00 vs. the industry median of 8.50, AIICO Insurance has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for an Insurance company?
The median 3-Year Book Growth Rate among Insurance companies is 8.50, based on 479 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AIICO Insurance's current 3-Year Book Growth Rate of 36.20% is 325.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for AIICO Insurance and its competitors. For the Insurance industry, the median 3-Year Book Growth Rate is 8.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AIICO Insurance's current 3-Year Book Growth Rate is 36.20%, which is 34% above median its own 10-year median of 27.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIICO Insurance stock overvalued right now?
Based on GuruFocus' analysis, AIICO Insurance (NSA:AIIC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₦5.10, compared to a current price of ₦3.90 — trading 23.5% below its estimated fair value. The current 3-Year Book Growth Rate is 36.20%, which is 34% above median its 10-year median of 27.00 and 325.9% above the Insurance industry median of 8.50. AIICO Insurance's overall GF Score™ is 43/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For AIICO Insurance (NSA:AIIC), the current 3-Year Book Growth Rate is 36.20% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is AIICO Insurance (NSA:AIIC) Overvalued in 2026?
Based on GuruFocus' analysis, AIICO Insurance stock appears to be undervalued.
The current stock price of ₦3.90 is trading 23.5% below its estimated GF Value™ of ₦5.10.
GuruFocus considers AIICO Insurance to be Modestly Undervalued.
Key valuation signals for NSA:AIIC:
3-Year Book Growth Rate: 36.20% (34% above median its 10-year median of 27.00)
GF Value™: ₦5.10 vs. price of ₦3.90 (23.5% below fair value)
Industry Position: 325.9% above the Insurance median (#29 of 479)
No single metric tells the full story. See the NSA:AIIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AIICO Insurance PLC provides life and health insurance, general insurance, investment management, and pension management services as a means to create and protect wealth for individuals, families, and corporate customers in Nigeria. The company's key business areas include Life Insurance Business, Non-Life Insurance Business, Health, and Wealth Management, Deposit Administration, and Financial Services to organizations and private individuals. The group has four reportable segments: Life business, which generates maximum revenue, General business, Health management services, and Asset management. The life insurance segment offers savings, protection products and other long-term contracts. It comprises of whole life, term assurance, guaranteed pensions, pure endowment pensions and Others.
43GF Score
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