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Nepal Insurance CoXNEP:NICL +0.28%92 PB Ratio is 2.86 as of Sep. 03, 2026, which is 29% below its 10-year median of 4.03. GuruFocus rates XNEP:NICL with a GF Score™ of 92/100 and a GF Value™ of NPR636.14 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 492 Insurance companies, Nepal Insurance Co ranks worse than 83.33% on this metric.
Nepal Insurance Co Ltd stock PB Ratio (=2.97) is close to 3-year low of 2.97.
The historical rank and industry rank for Nepal Insurance Co's PB Ratio or its related term are showing as below:
XNEP:NICL'
s PB Ratio Range Over the Past 10 Years
Min: 1.56 Med: 4.03 Max: 9.12
Current: 3.03
During the past 10 years, Nepal Insurance Co's highest PB Ratio was 9.12. The lowest was 1.56. And the median was 4.03.
XNEP:NICL's PB Ratio is ranked worse than 83.33% of 492
companies
in the Insurance industry
Industry Median: 1.405
vs XNEP:NICL: 3.03
During the past 12 months, Nepal Insurance Co'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 7.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.90% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Nepal Insurance Co was 39.50% per year. The lowest was 7.20% per year. And the median was 16.00% 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.
Nepal Insurance Co PB Ratio Related Terms
Nepal Insurance Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Nepal Insurance Co'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.
For the Insurance - Property & Casualty subindustry, Nepal Insurance Co'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.
Nepal Insurance Co PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Nepal Insurance Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nepal Insurance Co'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.
Nepal Insurance Co (XNEP:NICL) has a PB Ratio of 2.86 as of Sep. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nepal Insurance Co and its competitors. This is 29% below median its historical median of 4.03. Over the past decade, Nepal Insurance Co's PB Ratio has ranged from 1.56 to 9.12. According to the industry distribution chart, Nepal Insurance Co ranks #410 out of 492 companies in the Insurance industry, placing it in the top 83.3%.
Is Nepal Insurance Co's PB Ratio too high?
Nepal Insurance Co's current PB Ratio of 2.86 is 29% below median its 10-year median of 4.03. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 9.12. The Insurance industry median PB Ratio is 1.41. Nepal Insurance Co's value of 2.86 is 103.6% above this industry median. Based on the distribution chart, Nepal Insurance Co ranks #410 out of 492 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Nepal Insurance Co has a GF Score™ of 92/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nepal Insurance Co's PB Ratio compare to CB and PGR?
According to the Insurance industry distribution chart, Nepal Insurance Co ranks #410 out of 492 companies for PB Ratio. This places Nepal Insurance Co in the lower half of its industry. The industry median PB Ratio is 1.41. Nepal Insurance Co's value of 2.86 is 103.6% above this benchmark. Historically, Nepal Insurance Co's own PB Ratio has ranged from 1.56 to 9.12 over the past decade. While the company's 10-year median is 4.03 vs. the industry median of 1.41, Nepal Insurance Co 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 1.41, based on 492 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. Nepal Insurance Co's current PB Ratio of 2.86 is 103.6% 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 Nepal Insurance Co and its competitors. For the Insurance industry, the median PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nepal Insurance Co's current PB Ratio is 2.86, which is 29% below median its own 10-year median of 4.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nepal Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, Nepal Insurance Co (XNEP:NICL) is currently considered Significantly Undervalued. The stock's GF Value™ is NPR636.14, compared to a current price of NPR425.90 — trading 33% below its estimated fair value. The current PB Ratio is 2.86, which is 29% below median its 10-year median of 4.03 and 103.6% above the Insurance industry median of 1.41. Nepal Insurance Co's overall GF Score™ is 92/100 with 1 warning sign 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 Nepal Insurance Co (XNEP:NICL), the current PB Ratio is 2.86 as of Sep. 03, 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 Nepal Insurance Co (XNEP:NICL) Overvalued in 2026?
Based on GuruFocus' analysis, Nepal Insurance Co stock appears to be undervalued.
The current stock price of NPR425.90 is trading 33% below its estimated GF Value™ of NPR636.14.
GuruFocus considers Nepal Insurance Co to be Significantly Undervalued.
Key valuation signals for XNEP:NICL:
PB Ratio: 2.86 (29% below median its 10-year median of 4.03)
GF Value™: NPR636.14 vs. price of NPR425.90 (33% below fair value)
Industry Position: 103.6% above the Insurance median (#410 of 492)
No single metric tells the full story. See the XNEP:NICL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nepal Insurance Co Ltd is a non-life insurance company in Nepal. The company offers motor insurance, property insurance, home insurance, marine insurance, engineering insurance, aviation insurance, agricultural and livestock insurance, and other miscellaneous insurance.
92GF Score
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