AIA GroupAAIGF +3.82%61 PB Ratio is 2.24 as of Jun. 30, 2026, which is 5% below its 10-year median of 2.36. GuruFocus rates AAIGF with a GF Score™ of 61/100 and a GF Value™ of $9.25 (Fairly Valued). The stock has 2 warning signs investors should review. Among 502 Insurance companies, AIA Group ranks worse than 74.5% 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 (2026-06-30), AIA Group's share price is $9.25. AIA Group's Book Value per Share for the quarter that ended in Dec. 2025 was $4.13. Hence, AIA Group's PB Ratio of today is 2.24.
The historical rank and industry rank for AIA Group's PB Ratio or its related term are showing as below:
AAIGF'
s PB Ratio Range Over the Past 10 Years
Min: 1.49 Med: 2.36 Max: 3.5
Current: 2.28
During the past 13 years, AIA Group's highest PB Ratio was 3.50. The lowest was 1.49. And the median was 2.36.
AAIGF's PB Ratio is ranked worse than 74.5% of 502
companies
in the Insurance industry
Industry Median: 1.385
vs AAIGF: 2.28
During the past 12 months, AIA Group's average Book Value Per Share Growth Rate was 9.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -5.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of AIA Group was 21.40% per year. The lowest was -11.20% per year. And the median was 9.55% 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.
AIA Group PB Ratio Related Terms
AIA Group PB Ratio Historical Data
* Premium members only.
The historical data trend for AIA Group'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 - Life subindustry, AIA Group'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.
AIA Group PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, AIA Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where AIA Group'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.
AIA Group'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.
AIA Group (AAIGF) has a PB Ratio of 2.24 as of Jun. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on AIA Group and its competitors. This is near median its historical median of 2.36. Over the past decade, AIA Group's PB Ratio has ranged from 1.49 to 3.50. According to the industry distribution chart, AIA Group ranks #374 out of 502 companies in the Insurance industry, placing it in the top 74.5%.
Is AIA Group's PB Ratio too high?
AIA Group's current PB Ratio of 2.24 is near median its 10-year median of 2.36. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 3.50. The Insurance industry median PB Ratio is 1.39. AIA Group's value of 2.24 is 61.7% above this industry median. Based on the distribution chart, AIA Group ranks #374 out of 502 companies in the Insurance industry, which is below the industry midpoint. Overall, AIA Group has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AIA Group's PB Ratio compare to AFL and MET?
According to the Insurance industry distribution chart, AIA Group ranks #374 out of 502 companies for PB Ratio. This places AIA Group in the lower half of its industry. The industry median PB Ratio is 1.39. AIA Group's value of 2.24 is 61.7% above this benchmark. Historically, AIA Group's own PB Ratio has ranged from 1.49 to 3.50 over the past decade. While the company's 10-year median is 2.36 vs. the industry median of 1.39, AIA Group 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 502 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. AIA Group's current PB Ratio of 2.24 is 61.7% 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 AIA Group 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. AIA Group's current PB Ratio is 2.24, which is near median its own 10-year median of 2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIA Group stock overvalued right now?
Based on GuruFocus' analysis, AIA Group (AAIGF) is currently considered Fairly Valued. The stock's GF Value™ is $9.25, compared to a current price of $9.25 — trading right at its estimated fair value. The current PB Ratio is 2.24, which is near median its 10-year median of 2.36 and 61.7% above the Insurance industry median of 1.39. AIA Group's overall GF Score™ is 61/100 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 AIA Group (AAIGF), the current PB Ratio is 2.24 as of Jun. 30, 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 AIA Group (AAIGF) Overvalued in 2026?
Based on GuruFocus' analysis, AIA Group stock appears to be undervalued.
The current stock price of $9.25 is trading 0% below its estimated GF Value™ of $9.25.
GuruFocus considers AIA Group to be Fairly Valued.
Key valuation signals for AAIGF:
PB Ratio: 2.24 (near median its 10-year median of 2.36)
GF Value™: $9.25 vs. price of $9.25 (0% below fair value)
Industry Position: 61.7% above the Insurance median (#374 of 502)
No single metric tells the full story. See the AAIGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Headquartered in Hong Kong, AIA stands as one of the largest pan-Asian life insurance providers, offering a diversified portfolio of products spanning retirement savings plans, life insurance, and accident and health coverage. Formerly a subsidiary of American International Group, the company spun off and listed independently on the Hong Kong Stock Exchange in 2010. Beyond individual customers, AIA also delivers employee benefits, credit life, and pension services to corporate clients. With operations across 18 markets, the insurer serves more than 30 million individual policyholders and over 16 million members participating in group insurance schemes.
61GF Score
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