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PHS:NRCP'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29 Med: 0.34 Max: 0.38
Current: 0.34
During the past 13 years, the highest Equity to Asset Ratio of National Reinsurance of the Philippines was 0.38. The lowest was 0.29. And the median was 0.34.
PHS:NRCP's Equity-to-Asset is ranked better than 67% of 506
companies
in the Insurance industry
Industry Median: 0.26
vs PHS:NRCP: 0.34
National Reinsurance of the Philippines (PHS:NRCP) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
National Reinsurance of the Philippines Equity-to-Asset Related Terms
National Reinsurance of the Philippines Equity-to-Asset 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.
National Reinsurance of the Philippines Equity-to-Asset Chart
National Reinsurance of the Philippines Annual Data
PHS:NRCP vs RGA, EG, RNR: Equity-to-Asset Comparison
For the Insurance - Reinsurance subindustry, National Reinsurance of the Philippines's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
National Reinsurance of the Philippines Equity-to-Asset vs Insurance Industry
National Reinsurance of the Philippines Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
* 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.
National Reinsurance of the Philippines (PHS:NRCP) has a Equity-to-Asset of 0.34 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on National Reinsurance of the Philippines and its competitors. This is near median its historical median of 0.34. Over the past decade, National Reinsurance of the Philippines' Equity-to-Asset has ranged from 0.29 to 0.38. According to the industry distribution chart, National Reinsurance of the Philippines ranks #167 out of 506 companies in the Insurance industry, placing it in the top 33%.
Is National Reinsurance of the Philippines' Equity-to-Asset too high?
National Reinsurance of the Philippines' current Equity-to-Asset of 0.34 is near median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.38. The Insurance industry median Equity-to-Asset is 0.26. National Reinsurance of the Philippines' value of 0.34 is 30.8% above this industry median. Based on the distribution chart, National Reinsurance of the Philippines ranks #167 out of 506 companies in the Insurance industry, which is above the industry midpoint. Overall, National Reinsurance of the Philippines has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Reinsurance of the Philippines' Equity-to-Asset compare to RGA and EG?
According to the Insurance industry distribution chart, National Reinsurance of the Philippines ranks #167 out of 506 companies for Equity-to-Asset. This puts National Reinsurance of the Philippines in the upper half of its industry. The industry median Equity-to-Asset is 0.26. National Reinsurance of the Philippines' value of 0.34 is 30.8% above this benchmark. Historically, National Reinsurance of the Philippines' own Equity-to-Asset has ranged from 0.29 to 0.38 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.26, National Reinsurance of the Philippines 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 Equity-to-Asset for an Insurance company?
The median Equity-to-Asset among Insurance companies is 0.26, based on 506 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Reinsurance of the Philippines's current Equity-to-Asset of 0.34 is 30.8% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on National Reinsurance of the Philippines and its competitors. For the Insurance industry, the median Equity-to-Asset is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Reinsurance of the Philippines's current Equity-to-Asset is 0.34, which is near median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Reinsurance of the Philippines stock overvalued right now?
Based on GuruFocus' analysis, National Reinsurance of the Philippines (PHS:NRCP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱0.61, compared to a current price of ₱0.98 — trading 60.7% above its estimated fair value. The current Equity-to-Asset is 0.34, which is near median its 10-year median of 0.34 and 30.8% above the Insurance industry median of 0.26. National Reinsurance of the Philippines' overall GF Score™ is 42/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For National Reinsurance of the Philippines (PHS:NRCP), the current Equity-to-Asset is 0.34 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 National Reinsurance of the Philippines (PHS:NRCP) Overvalued in 2026?
Based on GuruFocus' analysis, National Reinsurance of the Philippines stock appears to be overvalued.
The current stock price of ₱0.98 is trading 60.7% above its estimated GF Value™ of ₱0.61.
GuruFocus considers National Reinsurance of the Philippines to be Significantly Overvalued.
Key valuation signals for PHS:NRCP:
Equity-to-Asset: 0.34 (near median its 10-year median of 0.34)
GF Value™: ₱0.61 vs. price of ₱0.98 (60.7% above fair value)
Industry Position: 30.8% above the Insurance median (#167 of 506)
No single metric tells the full story. See the PHS:NRCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Reinsurance of the Philippines Business Description
National Reinsurance Corp of the Philippines engages in the provision of reinsurance products and services. It operates through the following businesses: life and non-life. The Life Business includes proportional insurance for individual, ordinary, and group businesses, as well as non-proportional insurance for catastrophe, an excess of loss, and stop loss. Non-Life Business provides insurance on fire, aviation, marine and aviation, casualty, motor, and others.
42GF Score
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