Dunav Re a.d (XBEL:DNREM) PB Ratio: 2.49 (As of Jul. 12, 2026) — 190% Above Median


XBEL:DNREM Dunav Re a.d XBEL:DNREM
13 GF Score
Price RSD10,800.00
! 3 Warning Signs
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What is Dunav Re a.d PB Ratio?

Dunav Re a.d XBEL:DNREM 13 PB Ratio is 2.49 as of Jul. 12, 2026, which is 190% above its 10-year median of 0.86. GuruFocus rates XBEL:DNREM with a GF Score™ of 13/100. The stock has 3 warning signs investors should review.

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 (2026-07-12), Dunav Re a.d's share price is RSD10800.00. Dunav Re a.d's Book Value per Share for the quarter that ended in Dec. 2025 was RSD4,336.74. Hence, Dunav Re a.d's PB Ratio of today is 2.49.

The historical rank and industry rank for Dunav Re a.d's PB Ratio or its related term are showing as below:

XBEL:DNREM' s PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.86   Max: 2.84
Current: 2.49

During the past 13 years, Dunav Re a.d's highest PB Ratio was 2.84. The lowest was 0.08. And the median was 0.86.

XBEL:DNREM's PB Ratio is not ranked
in the Insurance industry.
Industry Median: 1.395 vs XBEL:DNREM: 2.49

During the past 12 months, Dunav Re a.d's average Book Value Per Share Growth Rate was 13.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 15.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -18.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -19.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Dunav Re a.d was 15.00% per year. The lowest was -49.10% per year. And the median was 4.00% per year.

Back to Basics: PB Ratio


Dunav Re a.d  (XBEL:DNREM) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Dunav Re a.d PB Ratio Related Terms


Dunav Re a.d PB Ratio Historical Data

* Premium members only.

The historical data trend for Dunav Re a.d'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.

Dunav Re a.d PB Ratio Chart

Dunav Re a.d Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.70 0.98 0.87 2.49

Dunav Re a.d Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PB Ratio 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 0.98 0.88 0.87 1.42 2.49

XBEL:DNREM vs EG, RGA, RNR: PB Ratio Comparison

For the Insurance - Reinsurance subindustry, Dunav Re a.d'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.


Dunav Re a.d PB Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Dunav Re a.d's PB Ratio distribution charts can be found below:

* The bar in red indicates where Dunav Re a.d's PB Ratio falls into.


XBEL:DNREM
13GF Score
Dunav Re a.d XBEL:DNREM
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dunav Re a.d PB Ratio Calculation

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.

Dunav Re a.d's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=10800.00/4336.741
=2.49

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.49 mean?
Dunav Re a.d (XBEL:DNREM) has a PB Ratio of 2.49 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Dunav Re a.d and its competitors. This is 190% above median its historical median of 0.86. Over the past decade, Dunav Re a.d's PB Ratio has ranged from 0.08 to 2.84.
Is Dunav Re a.d's PB Ratio too high?
Dunav Re a.d's current PB Ratio of 2.49 is 190% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 2.84. The Insurance industry median PB Ratio is 1.40. Dunav Re a.d's value of 2.49 is 78.5% above this industry median. Overall, Dunav Re a.d has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Dunav Re a.d's PB Ratio compare to EG and RGA?
Dunav Re a.d's PB Ratio of 2.49 can be compared against companies in the Insurance industry. The industry median PB Ratio is 1.40. Dunav Re a.d's value of 2.49 is 78.5% above this benchmark. Historically, Dunav Re a.d's own PB Ratio has ranged from 0.08 to 2.84 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 1.40, Dunav Re a.d 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 500 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. Dunav Re a.d's current PB Ratio of 2.49 is 78.5% 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 Dunav Re a.d 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. Dunav Re a.d's current PB Ratio is 2.49, which is 190% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dunav Re a.d stock overvalued right now?
Dunav Re a.d (XBEL:DNREM) has a current PB Ratio of 2.49. The current PB Ratio is 2.49, which is 190% above median its 10-year median of 0.86 and 78.5% above the Insurance industry median of 1.40. Dunav Re a.d's overall GF Score™ is 13/100 with 3 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 Dunav Re a.d (XBEL:DNREM), the current PB Ratio is 2.49 as of Jul. 12, 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.

Dunav Re a.d Business Description

Address Bulevar kralja Aleksandra 18, 1st floor, Beograd, SRB, 11000
Dunav Re a.d is a joint-stock reinsurance company. It provides reinsurance protection. It operates in countries such as Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, Albania, Turkish part of Cyprus, Germany, Russia, Bulgaria, North Africa (Morocco, Algeria), Asia-Emirates.
13GF Score

Get the complete analysis for XBEL:DNREM

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RSD10,800.00
Price