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The historical rank and industry rank for National Life Insurance's PB Ratio or its related term are showing as below:
DHA:NATLIFEINS'
s PB Ratio Range Over the Past 10 Years
Min: 0.4 Med: 6.66 Max: 20.31
Current: 7.19
During the past 11 years, National Life Insurance's highest PB Ratio was 20.31. The lowest was 0.40. And the median was 6.66.
DHA:NATLIFEINS's PB Ratio is ranked worse than 95.57% of 497
companies
in the Insurance industry
Industry Median: 1.39
vs DHA:NATLIFEINS: 7.19
During the past 12 months, National Life Insurance's average Book Value Per Share Growth Rate was 0.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -34.30% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of National Life Insurance was 4.90% per year. The lowest was -65.80% per year. And the median was 1.40% per year.
Back to Basics: PB Ratio
National Life Insurance (DHA:NATLIFEINS) PB Ratio Explanation
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.
* 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.
DHA:NATLIFEINS vs AFL, MET, PRU: PB Ratio Comparison
For the Insurance - Life subindustry, National Life Insurance'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.
National Life Insurance PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, National Life Insurance's PB Ratio distribution charts can be found below:
* The bar in red indicates where National Life Insurance'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.
* 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.
National Life Insurance (DHA:NATLIFEINS) has a PB Ratio of 7.19 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on National Life Insurance and its competitors. This is near median its historical median of 6.66. Over the past decade, National Life Insurance's PB Ratio has ranged from 0.40 to 20.31. According to the industry distribution chart, National Life Insurance ranks #475 out of 497 companies in the Insurance industry, placing it in the top 95.6%.
Is National Life Insurance's PB Ratio too high?
National Life Insurance's current PB Ratio of 7.19 is near median its 10-year median of 6.66. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 20.31. The Insurance industry median PB Ratio is 1.39. National Life Insurance's value of 7.19 is 417.3% above this industry median. Based on the distribution chart, National Life Insurance ranks #475 out of 497 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, National Life Insurance has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National Life Insurance's PB Ratio compare to AFL and MET?
According to the Insurance industry distribution chart, National Life Insurance ranks #475 out of 497 companies for PB Ratio. This places National Life Insurance in the lower half of its industry. The industry median PB Ratio is 1.39. National Life Insurance's value of 7.19 is 417.3% above this benchmark. Historically, National Life Insurance's own PB Ratio has ranged from 0.40 to 20.31 over the past decade. While the company's 10-year median is 6.66 vs. the industry median of 1.39, National Life Insurance 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 1.39, based on 497 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. National Life Insurance's current PB Ratio of 7.19 is 417.3% 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 National Life Insurance and its competitors. For the Insurance industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Life Insurance's current PB Ratio is 7.19, which is near median its own 10-year median of 6.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Life Insurance stock overvalued right now?
Based on GuruFocus' analysis, National Life Insurance (DHA:NATLIFEINS) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT134.84, compared to a current price of BDT103.90 — trading 22.9% below its estimated fair value. The current PB Ratio is 7.19, which is near median its 10-year median of 6.66 and 417.3% above the Insurance industry median of 1.39. National Life Insurance's overall GF Score™ is 78/100 with 2 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 National Life Insurance (DHA:NATLIFEINS), the current PB Ratio is 7.19 as of Jul. 22, 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 Life Insurance (DHA:NATLIFEINS) Overvalued in 2026?
Based on GuruFocus' analysis, National Life Insurance stock appears to be undervalued.
The current stock price of BDT103.90 is trading 22.9% below its estimated GF Value™ of BDT134.84.
GuruFocus considers National Life Insurance to be Modestly Undervalued.
Key valuation signals for DHA:NATLIFEINS:
PB Ratio: 7.19 (near median its 10-year median of 6.66)
GF Value™: BDT134.84 vs. price of BDT103.90 (22.9% below fair value)
Industry Position: 417.3% above the Insurance median (#475 of 497)
No single metric tells the full story. See the DHA:NATLIFEINS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Life Insurance PLC, formerly National Life Insurance Co Ltd is a private sector indigenous life insurance company. It provides multifarious life assurance products that cater to the aspirations and needs as well as the religious beliefs of the clients. The company operates through the following divisions based on the type of insurance products offered; Individual Life Insurance, Group Life Insurance, Bangabandhu Shikkha Bima, Personal Accidental Insurance and Bancassurance. It generates maximum revenue from the Ordinary Life Insurance business.
78GF Score
Get the complete analysis for DHA:NATLIFEINS
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