AIICO Insurance's book value per share for the quarter that ended in Mar. 2026 was ₦2.83.
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 book value growth rate using book value per share data.
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's current price is ₦4.07. Its book value per share for the quarter that ended in Mar. 2026 was ₦2.83. Hence, today's PB Ratio of AIICO Insurance is 1.44.
During the past 11 years, the highest P/B Ratio of AIICO Insurance was 2.00. The lowest was 0.16. And the median was 0.52.
AIICO Insurance (NSA:AIIC) 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.
AIICO Insurance Book Value per Share Related Terms
AIICO Insurance Book Value per Share Historical Data
* Premium members only.
The historical data trend for AIICO Insurance'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.
NSA:AIIC vs BRK.A, AIG, HIG: Book Value per Share Comparison
For the Insurance - Diversified subindustry, AIICO Insurance'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.
AIICO Insurance PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, AIICO Insurance's PB Ratio distribution charts can be found below:
* The bar in red indicates where AIICO Insurance's PB Ratio falls into.
* 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.
AIICO Insurance (NSA:AIIC) has a Book Value per Share of ₦2.83 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on AIICO Insurance and its competitors.
Is AIICO Insurance's Book Value per Share too high?
AIICO Insurance's current Book Value per Share is ₦2.83. Overall, AIICO Insurance has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AIICO Insurance's Book Value per Share compare to BRK.A and AIG?
AIICO Insurance's Book Value per Share of ₦2.83 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 AIICO Insurance and its competitors. AIICO Insurance's current Book Value per Share is ₦2.83. 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 ₦4.98, compared to a current price of ₦4.07 — trading 18.3% below its estimated fair value. The current Book Value per Share is ₦2.83. AIICO Insurance's overall GF Score™ is 44/100 with 2 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 AIICO Insurance (NSA:AIIC), the current Book Value per Share is ₦2.83 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 ₦4.07 is trading 18.3% below its estimated GF Value™ of ₦4.98.
GuruFocus considers AIICO Insurance to be Modestly Undervalued.
Key valuation signals for NSA:AIIC:
Book Value per Share: ₦2.83
GF Value™: ₦4.98 vs. price of ₦4.07 (18.3% below fair value)
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.
44GF Score
Get the complete analysis for NSA:AIIC
Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSA:AIIC has been successfully added to your 
