Great-West Lifeco (FRA:GWS) Book Value per Share: €18.97 (As of Mar. 2026)

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FRA:GWS Great-West Lifeco Inc FRA:GWS
50 GF Score
Price €57.24
GF Value €32.27
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Great-West Lifeco Book Value per Share?

Great-West Lifeco FRA:GWS +0.95% 50 Book Value per Share is €18.97 as of Mar. 2026. GuruFocus rates FRA:GWS with a GF Score™ of 50/100 and a GF Value™ of €32.27 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Great-West Lifeco's book value per share for the quarter that ended in Mar. 2026 was €18.97.

During the past 12 months, Great-West Lifeco's average Book Value Per Share Growth Rate was 3.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.20% 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 book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Great-West Lifeco was 19.70% per year. The lowest was -1.00% per year. And the median was 6.30% per year.

Great-West Lifeco's current price is €57.24. Its book value per share for the quarter that ended in Mar. 2026 was €18.97. Hence, today's PB Ratio of Great-West Lifeco is 3.02.

During the past 13 years, the highest P/B Ratio of Great-West Lifeco was 3.09. The lowest was 0.89. And the median was 1.59.

Warning Sign:

Great-West Lifeco Inc stock PB Ratio (=3.09) is close to 10-year high of 3.09.


Great-West Lifeco  (FRA:GWS) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Great-West Lifeco Book Value per Share Related Terms


Great-West Lifeco Book Value per Share Historical Data

* Premium members only.

The historical data trend for Great-West Lifeco's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Great-West Lifeco Book Value per Share Chart

Great-West Lifeco Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.78 17.29 17.68 19.29 18.40

Great-West Lifeco Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.83 18.40 18.16 18.40 18.97

FRA:GWS vs AFL, MET, PRU: Book Value per Share Comparison

For the Insurance - Life subindustry, Great-West Lifeco's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Great-West Lifeco PB Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Great-West Lifeco's PB Ratio distribution charts can be found below:

* The bar in red indicates where Great-West Lifeco's PB Ratio falls into.


FRA:GWS
50GF Score
Great-West Lifeco Inc FRA:GWS
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Great-West Lifeco Book Value per Share Calculation

Great-West Lifeco's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(18,483-1,808)/906
=18.40

Great-West Lifeco's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(18,873-1,841)/898
=18.97

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of €18.97 mean?
Great-West Lifeco (FRA:GWS) has a Book Value per Share of €18.97 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Great-West Lifeco and its competitors.
Is Great-West Lifeco's Book Value per Share too high?
Great-West Lifeco's current Book Value per Share is €18.97. Overall, Great-West Lifeco has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Great-West Lifeco's Book Value per Share compare to AFL and MET?
Great-West Lifeco's Book Value per Share of €18.97 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for an Insurance company?
A good Book Value per Share depends on the Insurance industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Great-West Lifeco and its competitors. Great-West Lifeco's current Book Value per Share is €18.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great-West Lifeco stock overvalued right now?
Based on GuruFocus' analysis, Great-West Lifeco (FRA:GWS) is currently considered Significantly Overvalued. The stock's GF Value™ is €32.27, compared to a current price of €57.24 — trading 77.4% above its estimated fair value. The current Book Value per Share is €18.97. Great-West Lifeco's overall GF Score™ is 50/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Great-West Lifeco (FRA:GWS), the current Book Value per Share is €18.97 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 Great-West Lifeco (FRA:GWS) Overvalued in 2026?

Based on GuruFocus' analysis, Great-West Lifeco stock appears to be overvalued. The current stock price of €57.24 is trading 77.4% above its estimated GF Value™ of €32.27. GuruFocus considers Great-West Lifeco to be Significantly Overvalued.

Key valuation signals for FRA:GWS:

  • Book Value per Share: €18.97
  • GF Value™: €32.27 vs. price of €57.24 (77.4% above fair value)
  • GF Score™: 50/100 with 8 warning signs

No single metric tells the full story. See the FRA:GWS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Great-West Lifeco Business Description

Address 100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3
Great-West Lifeco is one of the Big Three Canadian life insurers. The firm's Canadian business contributed around 31% of its 2025 adjusted earnings. The firm generates a further 29% of adjusted earnings from the United States, attributable to its recordkeeping business, Empower, and its US life insurance business. Great-West Lifeco also offers various products across European markets with a strong presence in the UK and Ireland, which collectively accounted for 20% of adjusted earnings, while the firm's reinsurance business accounts for the remainder. Great-West Lifeco had around CAD 3.5 trillion of assets under administration across its business segments at the end of December 2025.
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Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€57.24
Price
€32.27
GF Value