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.
Tryg ASCHIX:TRYGC +1.38%73 PB Ratio is 2.45 as of Jul. 16, 2026, which is 5% below its 10-year median of 2.57. GuruFocus rates CHIX:TRYGC with a GF Score™ of 73/100 and a GF Value™ of kr165.62 (Fairly Valued). The stock has 6 warning signs investors should review. Among 498 Insurance companies, Tryg AS ranks worse than 76.71% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-16), Tryg AS's share price is kr154.00. Tryg AS's Book Value per Share for the quarter that ended in Jun. 2026 was kr62.78. Hence, Tryg AS's PB Ratio of today is 2.45.
Warning Sign:
Tryg AS stock PB Ratio (=2.47) is close to 5-year high of 2.69.
The historical rank and industry rank for Tryg AS's PB Ratio or its related term are showing as below:
CHIX:TRYGc'
s PB Ratio Range Over the Past 10 Years
Min: 1.9 Med: 2.57 Max: 5.76
Current: 2.5
During the past 13 years, Tryg AS's highest PB Ratio was 5.76. The lowest was 1.90. And the median was 2.57.
CHIX:TRYGc's PB Ratio is ranked worse than 76.71% of 498
companies
in the Insurance industry
Industry Median: 1.4
vs CHIX:TRYGc: 2.50
During the past 12 months, Tryg AS's average Book Value Per Share Growth Rate was -0.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tryg AS was 36.90% per year. The lowest was -5.50% per year. And the median was 3.20% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Tryg AS PB Ratio Related Terms
Tryg AS PB Ratio Historical Data
* Premium members only.
The historical data trend for Tryg AS's PB Ratio 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:TRYGC vs BRK.A, AIG, HIG: PB Ratio Comparison
For the Insurance - Diversified subindustry, Tryg AS'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.
Tryg AS PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Tryg AS's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tryg AS's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Tryg AS's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Tryg AS (CHIX:TRYGC) has a PB Ratio of 2.45 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tryg AS and its competitors. This is near median its historical median of 2.57. Over the past decade, Tryg AS's PB Ratio has ranged from 1.90 to 5.76. According to the industry distribution chart, Tryg AS ranks #382 out of 498 companies in the Insurance industry, placing it in the top 76.7%.
Is Tryg AS's PB Ratio too high?
Tryg AS's current PB Ratio of 2.45 is near median its 10-year median of 2.57. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 5.76. The Insurance industry median PB Ratio is 1.40. Tryg AS's value of 2.45 is 75% above this industry median. Based on the distribution chart, Tryg AS ranks #382 out of 498 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Tryg AS has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tryg AS's PB Ratio compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Tryg AS ranks #382 out of 498 companies for PB Ratio. This places Tryg AS in the lower half of its industry. The industry median PB Ratio is 1.40. Tryg AS's value of 2.45 is 75% above this benchmark. Historically, Tryg AS's own PB Ratio has ranged from 1.90 to 5.76 over the past decade. While the company's 10-year median is 2.57 vs. the industry median of 1.40, Tryg AS 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 PB Ratio for an Insurance company?
The median PB Ratio among Insurance companies is 1.40, based on 498 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tryg AS's current PB Ratio of 2.45 is 75% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tryg AS and its competitors. For the Insurance industry, the median PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tryg AS's current PB Ratio is 2.45, which is near median its own 10-year median of 2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tryg AS stock overvalued right now?
Based on GuruFocus' analysis, Tryg AS (CHIX:TRYGC) is currently considered Fairly Valued. The stock's GF Value™ is kr165.62, compared to a current price of kr154.00 — trading 7% below its estimated fair value. The current PB Ratio is 2.45, which is near median its 10-year median of 2.57 and 75% above the Insurance industry median of 1.40. Tryg AS's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Tryg AS (CHIX:TRYGC), the current PB Ratio is 2.45 as of Jul. 16, 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 Tryg AS (CHIX:TRYGC) Overvalued in 2026?
Based on GuruFocus' analysis, Tryg AS stock appears to be undervalued.
The current stock price of kr154.00 is trading 7% below its estimated GF Value™ of kr165.62.
GuruFocus considers Tryg AS to be Fairly Valued.
Key valuation signals for CHIX:TRYGC:
PB Ratio: 2.45 (near median its 10-year median of 2.57)
GF Value™: kr165.62 vs. price of kr154.00 (7% below fair value)
Industry Position: 75% above the Insurance median (#382 of 498)
No single metric tells the full story. See the CHIX:TRYGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
For a long period of time Tryg was focussed purely on the Danish market, but over the last two decades the company has built its presence in Scandinavia more broadly. So, while this nonlife insurer derives close to 50% of its revenue from Denmark, it derives another 30% from Sweden and close to 20% from Norway. Comprehensive motor, third-party, accident, and health are Tryg's largest lines of business. Tryg insures both companies and private individuals, though private individuals make up close to two-thirds of revenue. In June 2021 Tryg acquired the Scandinavian operations of Royal Sun Alliance. The acquisition provided Tryg with a significant step forward in Sweden, introducing DKK 8 billion of insurance revenue and DKK 1 billion in Norway.
73GF Score
Get the complete analysis for CHIX:TRYGC
PB Ratio 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:TRYGC has been successfully added to your 
