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Neco Insurance CoXNEP:NIL -0.39%98 PB Ratio is 2.58 as of Aug. 06, 2026, which is 29% below its 10-year median of 3.61. GuruFocus rates XNEP:NIL with a GF Score™ of 98/100 and a GF Value™ of NPR735.70 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 497 Insurance companies, Neco Insurance Co ranks worse than 79.88% 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 (2026-08-06), Neco Insurance Co's share price is NPR617.10. Neco Insurance Co's Book Value per Share for the quarter that ended in Apr. 2026 was NPR238.73. Hence, Neco Insurance Co's PB Ratio of today is 2.58.
The historical rank and industry rank for Neco Insurance Co's PB Ratio or its related term are showing as below:
XNEP:NIL'
s PB Ratio Range Over the Past 10 Years
Min: 2.06 Med: 3.61 Max: 25.82
Current: 2.59
During the past 13 years, Neco Insurance Co's highest PB Ratio was 25.82. The lowest was 2.06. And the median was 3.61.
XNEP:NIL's PB Ratio is ranked worse than 79.88% of 497
companies
in the Insurance industry
Industry Median: 1.4
vs XNEP:NIL: 2.59
During the past 12 months, Neco Insurance Co's average Book Value Per Share Growth Rate was -1.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 21.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 20.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 19.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Neco Insurance Co was 38.90% per year. The lowest was -14.30% per year. And the median was 17.30% 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.
Neco Insurance Co PB Ratio Related Terms
Neco Insurance Co PB Ratio Historical Data
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The historical data trend for Neco 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 - Diversified subindustry, Neco 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.
Neco Insurance Co PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Neco Insurance Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Neco 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.
Neco Insurance Co (XNEP:NIL) has a PB Ratio of 2.58 as of Aug. 06, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Neco Insurance Co and its competitors. This is 29% below median its historical median of 3.61. Over the past decade, Neco Insurance Co's PB Ratio has ranged from 2.06 to 25.82. According to the industry distribution chart, Neco Insurance Co ranks #397 out of 497 companies in the Insurance industry, placing it in the top 79.9%.
Is Neco Insurance Co's PB Ratio too high?
Neco Insurance Co's current PB Ratio of 2.58 is 29% below median its 10-year median of 3.61. Over the past 10 years, this metric has ranged from a low of 2.06 to a high of 25.82. The Insurance industry median PB Ratio is 1.40. Neco Insurance Co's value of 2.58 is 84.3% above this industry median. Based on the distribution chart, Neco Insurance Co ranks #397 out of 497 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Neco Insurance Co has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Neco Insurance Co's PB Ratio compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Neco Insurance Co ranks #397 out of 497 companies for PB Ratio. This places Neco Insurance Co in the lower half of its industry. The industry median PB Ratio is 1.40. Neco Insurance Co's value of 2.58 is 84.3% above this benchmark. Historically, Neco Insurance Co's own PB Ratio has ranged from 2.06 to 25.82 over the past decade. While the company's 10-year median is 3.61 vs. the industry median of 1.40, Neco 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 1.40, 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. Neco Insurance Co's current PB Ratio of 2.58 is 84.3% 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 Neco Insurance Co 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. Neco Insurance Co's current PB Ratio is 2.58, which is 29% below median its own 10-year median of 3.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neco Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, Neco Insurance Co (XNEP:NIL) is currently considered Modestly Undervalued. The stock's GF Value™ is NPR735.70, compared to a current price of NPR617.10 — trading 16.1% below its estimated fair value. The current PB Ratio is 2.58, which is 29% below median its 10-year median of 3.61 and 84.3% above the Insurance industry median of 1.40. Neco Insurance Co's overall GF Score™ is 98/100 with 5 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 Neco Insurance Co (XNEP:NIL), the current PB Ratio is 2.58 as of Aug. 06, 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 Neco Insurance Co (XNEP:NIL) Overvalued in 2026?
Based on GuruFocus' analysis, Neco Insurance Co stock appears to be undervalued.
The current stock price of NPR617.10 is trading 16.1% below its estimated GF Value™ of NPR735.70.
GuruFocus considers Neco Insurance Co to be Modestly Undervalued.
Key valuation signals for XNEP:NIL:
PB Ratio: 2.58 (29% below median its 10-year median of 3.61)
GF Value™: NPR735.70 vs. price of NPR617.10 (16.1% below fair value)
Industry Position: 84.3% above the Insurance median (#397 of 497)
No single metric tells the full story. See the XNEP:NIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neco Insurance Co Ltd is a non-life insurance company. The firm's business segment comprises Aviation, Engineering, Fire, Marine, Motor, Micro, Cattle and Crop, and Miscellaneous. The company underwrites all types of general insurance risk through different kinds of policies prevailing in the market under seven categories, i.e., Property, Motor, Aviation, Marine, Engineering, Agriculture, and Miscellaneous.
98GF Score
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