During the past 12 months, Mutual Benefits Assurance's average Book Value Per Share Growth Rate was 186.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 63.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 18.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.60% 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 Mutual Benefits Assurance was 63.20% per year. The lowest was -13.00% per year. And the median was 8.85% per year.
During the past 11 years, the highest P/B Ratio of Mutual Benefits Assurance was 1.44. The lowest was 0.12. And the median was 0.30.
Mutual Benefits Assurance (NSA:MBAS) 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.
Mutual Benefits Assurance Book Value per Share Related Terms
Mutual Benefits Assurance Book Value per Share Historical Data
* 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.
Mutual Benefits Assurance Book Value per Share Chart
NSA:MBAS vs BRK.A, AIG, HIG: Book Value per Share Comparison
For the Insurance - Diversified subindustry, Mutual Benefits Assurance'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.
Mutual Benefits Assurance PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Mutual Benefits Assurance's PB Ratio distribution charts can be found below:
* The bar in red indicates where Mutual Benefits Assurance'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.
Mutual Benefits Assurance (NSA:MBAS) has a Book Value per Share of ₦4.63 as of Dec. 2025. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Mutual Benefits Assurance and its competitors.
Is Mutual Benefits Assurance's Book Value per Share too high?
Mutual Benefits Assurance's current Book Value per Share is ₦4.63. Overall, Mutual Benefits Assurance has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mutual Benefits Assurance's Book Value per Share compare to BRK.A and AIG?
Mutual Benefits Assurance's Book Value per Share of ₦4.63 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 Mutual Benefits Assurance and its competitors. Mutual Benefits Assurance's current Book Value per Share is ₦4.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mutual Benefits Assurance stock overvalued right now?
Based on GuruFocus' analysis, Mutual Benefits Assurance (NSA:MBAS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦2.26, compared to a current price of ₦3.17 — trading 40.3% above its estimated fair value. The current Book Value per Share is ₦4.63. Mutual Benefits Assurance's overall GF Score™ is 61/100 with 1 warning sign 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 Mutual Benefits Assurance (NSA:MBAS), the current Book Value per Share is ₦4.63 as of Dec. 2025. 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 Mutual Benefits Assurance (NSA:MBAS) Overvalued in 2026?
Based on GuruFocus' analysis, Mutual Benefits Assurance stock appears to be overvalued.
The current stock price of ₦3.17 is trading 40.3% above its estimated GF Value™ of ₦2.26.
GuruFocus considers Mutual Benefits Assurance to be Significantly Overvalued.
Key valuation signals for NSA:MBAS:
Book Value per Share: ₦4.63
GF Value™: ₦2.26 vs. price of ₦3.17 (40.3% above fair value)
No single metric tells the full story. See the NSA:MBAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mutual Benefits Assurance PLC is a financial and wealth protection company in Nigeria. The principal objective of the Company is to render qualitative life related insurance & risks management services. It is a premium provider of life insurance, annuity and investment products and services. It has four reportable operating segments; assurance business, real estate, microfinance bank, and oil and gas exploration and production. The majority of revenue comes from Assurance business which covers the protection of customers' assets (Particularly their properties, both for personal and commercial business) and indemnification of other parties that have suffered damage as a result of customers accident. It has presence in Nigeria, and Liberia.
61GF Score
Get the complete analysis for NSA:MBAS
Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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