Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Storebrand ASACHIX:STBO 60 Debt-to-Equity is 1.96 as of Jun. 2026, which is 100% above its 10-year median of 0.98. GuruFocus rates CHIX:STBO with a GF Score™ of 60/100 and a GF Value™ of kr240.49 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 174 Diversified Financial Services companies, Storebrand ASA ranks worse than 86.78% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Storebrand ASA's Debt-to-Equity or its related term are showing as below:
CHIX:STBo'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.78 Med: 0.98 Max: 1.96
Current: 1.96
During the past 13 years, the highest Debt-to-Equity Ratio of Storebrand ASA was 1.96. The lowest was 0.78. And the median was 0.98.
CHIX:STBo's Debt-to-Equity is ranked worse than 86.78% of 174
companies
in the Diversified Financial Services industry
Industry Median: 0.18
vs CHIX:STBo: 1.96
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Storebrand ASA Debt-to-Equity Related Terms
Storebrand ASA Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Storebrand ASA's Debt-to-Equity 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.
CHIX:STBO vs VOYA, FRHC: Debt-to-Equity Comparison
For the Financial Conglomerates subindustry, Storebrand ASA's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Storebrand ASA Debt-to-Equity vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Storebrand ASA's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Storebrand ASA's Debt-to-Equity 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.
Storebrand ASA (CHIX:STBO) has a Debt-to-Equity of 1.96 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Storebrand ASA and its competitors. This is 100% above median its historical median of 0.98. Over the past decade, Storebrand ASA's Debt-to-Equity has ranged from 0.78 to 1.96. According to the industry distribution chart, Storebrand ASA ranks #151 out of 174 companies in the Diversified Financial Services industry, placing it in the top 86.8%.
Is Storebrand ASA's Debt-to-Equity too high?
Storebrand ASA's current Debt-to-Equity of 1.96 is 100% above median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 1.96. The Diversified Financial Services industry median Debt-to-Equity is 0.18. Storebrand ASA's value of 1.96 is 988.9% above this industry median. Based on the distribution chart, Storebrand ASA ranks #151 out of 174 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Storebrand ASA has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Storebrand ASA's Debt-to-Equity compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, Storebrand ASA ranks #151 out of 174 companies for Debt-to-Equity. This places Storebrand ASA in the lower half of its industry. The industry median Debt-to-Equity is 0.18. Storebrand ASA's value of 1.96 is 988.9% above this benchmark. Historically, Storebrand ASA's own Debt-to-Equity has ranged from 0.78 to 1.96 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 0.18, Storebrand ASA 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 Debt-to-Equity for a Diversified Financial Services company?
The median Debt-to-Equity among Diversified Financial Services companies is 0.18, based on 174 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Storebrand ASA's current Debt-to-Equity of 1.96 is 988.9% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Storebrand ASA and its competitors. For the Diversified Financial Services industry, the median Debt-to-Equity is 0.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Storebrand ASA's current Debt-to-Equity is 1.96, which is 100% above median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Storebrand ASA stock overvalued right now?
Based on GuruFocus' analysis, Storebrand ASA (CHIX:STBO) is currently considered Modestly Undervalued. The stock's GF Value™ is kr240.49, compared to a current price of kr195.40 — trading 18.7% below its estimated fair value. The current Debt-to-Equity is 1.96, which is 100% above median its 10-year median of 0.98 and 988.9% above the Diversified Financial Services industry median of 0.18. Storebrand ASA's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Storebrand ASA (CHIX:STBO), the current Debt-to-Equity is 1.96 as of Jun. 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 Storebrand ASA (CHIX:STBO) Overvalued in 2026?
Based on GuruFocus' analysis, Storebrand ASA stock appears to be undervalued.
The current stock price of kr195.40 is trading 18.7% below its estimated GF Value™ of kr240.49.
GuruFocus considers Storebrand ASA to be Modestly Undervalued.
Key valuation signals for CHIX:STBO:
Debt-to-Equity: 1.96 (100% above median its 10-year median of 0.98)
GF Value™: kr240.49 vs. price of kr195.40 (18.7% below fair value)
Industry Position: 988.9% above the Diversified Financial Services median (#151 of 174)
No single metric tells the full story. See the CHIX:STBO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Storebrand ASA is a Nordic long-term savings and insurance company. The business is divided into four segments Savings, Insurance, Guaranteed Pension, and Others. The Savings segment includes products for retirement savings with no interest rate guarantees which defined contribution pensions in Norway and Sweden, asset management, and retail banking products. The Insurance segment provides risk products in Norway and Sweden, it provides health, property and casualty, personal risk products, and others. The Guaranteed Pension business area encompasses long-term pension savings products that give customers a guaranteed rate of return. Other segment consists of other companies within the Storebrand Group, including smaller subsidiaries of Storebrand Livsforsikring and SPP.
60GF Score
Get the complete analysis for CHIX:STBO
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:STBO has been successfully added to your 
