SSREF (Swiss Re AG) Owner Earnings per Share (TTM): 0.00 (As of Dec. 2025)


SSREF Swiss Re AG SSREF
67 GF Score
Price $158.02
GF Value $130.89
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Swiss Re AG Owner Earnings per Share (TTM)?

Swiss Re AG SSREF 67 Owner Earnings per Share (TTM) is 0.00 as of Dec. 2025. GuruFocus rates SSREF with a GF Score™ of 67/100 and a GF Value™ of $130.89 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 358 Insurance companies, Swiss Re AG ranks worse than 279329.33% on this metric.

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Swiss Re AG does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Swiss Re AG's Owner Earnings per Share (TTM) or its related term are showing as below:



SSREF's Price-to-Owner-Earnings is not ranked *
in the Insurance industry.
Industry Median: 8.175
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Swiss Re AG's Earnings per Share (Diluted) for the six months ended in Dec. 2025 was $6.91. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $15.55. It's PE Ratio (TTM) ratio for today is 10.16.

Swiss Re AG's EPS without NRI for the six months ended in Dec. 2025 was $6.91. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was $15.55. It's PE Ratio without NRI ratio for today is 10.16.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Swiss Re AG Owner Earnings per Share (TTM) Related Terms


Swiss Re AG Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Swiss Re AG's Owner Earnings per Share (TTM) 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.

Swiss Re AG Owner Earnings per Share (TTM) Chart

Swiss Re AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Swiss Re AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Owner Earnings per Share (TTM) 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 0.00 0.00 0.00 0.00 0.00

SSREF vs RGA, EG, RNR: Owner Earnings per Share (TTM) Comparison

For the Insurance - Reinsurance subindustry, Swiss Re AG's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Swiss Re AG Price-to-Owner-Earnings vs Insurance Industry

For the Insurance industry and Financial Services sector, Swiss Re AG's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Swiss Re AG's Price-to-Owner-Earnings falls into.


SSREF
67GF Score
Swiss Re AG SSREF
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Swiss Re AG Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Swiss Re AG does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.

What does a Owner Earnings per Share (TTM) of 0.00 mean?
Swiss Re AG (SSREF) has a Owner Earnings per Share (TTM) of 0.00 as of Dec. 2025. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Swiss Re AG. According to the industry distribution chart, Swiss Re AG ranks #999999 out of 358 companies in the Insurance industry.
Is Swiss Re AG's Owner Earnings per Share (TTM) too high?
Swiss Re AG's current Owner Earnings per Share (TTM) is 0.00. Based on the distribution chart, Swiss Re AG ranks #999999 out of 358 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Swiss Re AG has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Swiss Re AG's Owner Earnings per Share (TTM) compare to RGA and EG?
According to the Insurance industry distribution chart, Swiss Re AG ranks #999999 out of 358 companies for Owner Earnings per Share (TTM). This places Swiss Re AG in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 8.18. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Owner Earnings per Share (TTM) for an Insurance company?
The median Owner Earnings per Share (TTM) among Insurance companies is 8.18, based on 358 companies in the industry. Companies in the top quartile (top 25%) have a Owner Earnings per Share (TTM) significantly above this median, while those in the bottom quartile fall well below. However, Owner Earnings per Share (TTM) 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 Owner Earnings per Share (TTM) mean?
A high Owner Earnings per Share (TTM) can signal that a stock is expensive relative to its fundamentals. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Swiss Re AG. For the Insurance industry, the median Owner Earnings per Share (TTM) is 8.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swiss Re AG's current Owner Earnings per Share (TTM) is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swiss Re AG stock overvalued right now?
Based on GuruFocus' analysis, Swiss Re AG (SSREF) is currently considered Modestly Overvalued. The stock's GF Value™ is $130.89, compared to a current price of $158.02 — trading 20.7% above its estimated fair value. The current Owner Earnings per Share (TTM) is 0.00. Swiss Re AG's overall GF Score™ is 67/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Owner Earnings per Share (TTM) calculated?
Owner Earnings per Share (TTM) is calculated from a company's financial statements. For Swiss Re AG (SSREF), the current Owner Earnings per Share (TTM) is 0.00 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 Swiss Re AG (SSREF) Overvalued in 2026?

Based on GuruFocus' analysis, Swiss Re AG stock appears to be overvalued. The current stock price of $158.02 is trading 20.7% above its estimated GF Value™ of $130.89. GuruFocus considers Swiss Re AG to be Modestly Overvalued.

Key valuation signals for SSREF:

  • Owner Earnings per Share (TTM): 0.00
  • GF Value™: $130.89 vs. price of $158.02 (20.7% above fair value)
  • GF Score™: 67/100 with 2 warning signs

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


Swiss Re AG Business Description

Address Mythenquai 50/60, Zurich, CHE, 8022
Swiss Re is a reinsurer that has three core divisions: P&C reinsurance, life and health reinsurance, and corporate solutions. Swiss Re was founded in 1863 when the general manager of Helvetia sought to stem the flow of reinsurance premiums outside Switzerland. Moritz Grossmann argued he could cut the premiums paid to foreign firms, still make a profit, and pay mid-single-digit dividends. Swiss Re is now the second-largest reinsurer in the world by market capitalization, with 80 offices around the world and approximately 15,000 employees. While the business did lose its way in the early part of the millennium, led by an investment banker who heavily invested in securitizations, Swiss Re has recently focused on establishing quality within its three core divisions.
67GF Score

Get the complete analysis for SSREF

Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$158.02
Price
$130.89
GF Value