Nobleoak LifeASX:NOL -7.42%52 PB Ratio is 1.15 as of Jun. 26, 2026, which is 19% below its 10-year median of 1.42. GuruFocus rates ASX:NOL with a GF Score™ of 52/100 and a GF Value™ of A$1.76 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 497 Insurance companies, Nobleoak Life ranks better than 56.54% 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 (2026-06-26), Nobleoak Life's share price is A$1.185. Nobleoak Life's Book Value per Share for the quarter that ended in Dec. 2025 was A$1.03. Hence, Nobleoak Life's PB Ratio of today is 1.15.
Good Sign:
Nobleoak Life Ltd stock PB Ratio (=1.23) is close to 1-year low of 1.21.
The historical rank and industry rank for Nobleoak Life's PB Ratio or its related term are showing as below:
ASX:NOL'
s PB Ratio Range Over the Past 10 Years
Min: 1 Med: 1.42 Max: 2.01
Current: 1.15
During the past 4 years, Nobleoak Life's highest PB Ratio was 2.01. The lowest was 1.00. And the median was 1.42.
ASX:NOL's PB Ratio is ranked better than 56.54% of 497
companies
in the Insurance industry
Industry Median: 1.38
vs ASX:NOL: 1.15
During the past 12 months, Nobleoak Life's average Book Value Per Share Growth Rate was 7.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -9.70% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Nobleoak Life was -9.70% per year. The lowest was -9.70% per year. And the median was -9.70% 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.
Nobleoak Life PB Ratio Related Terms
Nobleoak Life PB Ratio Historical Data
* Premium members only.
The historical data trend for Nobleoak Life'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, Nobleoak Life'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.
Nobleoak Life PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Nobleoak Life's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nobleoak Life'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.
Nobleoak Life'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.
Nobleoak Life (ASX:NOL) has a PB Ratio of 1.15 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nobleoak Life and its competitors. This is 19% below median its historical median of 1.42. Over the past decade, Nobleoak Life's PB Ratio has ranged from 1.00 to 2.01. According to the industry distribution chart, Nobleoak Life ranks #216 out of 497 companies in the Insurance industry, placing it in the top 43.5%.
Is Nobleoak Life's PB Ratio too high?
Nobleoak Life's current PB Ratio of 1.15 is 19% below median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 2.01. The Insurance industry median PB Ratio is 1.38. Nobleoak Life's value of 1.15 is 16.7% below this industry median. Based on the distribution chart, Nobleoak Life ranks #216 out of 497 companies in the Insurance industry, which is above the industry midpoint. Overall, Nobleoak Life has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nobleoak Life's PB Ratio compare to AFL and MET?
According to the Insurance industry distribution chart, Nobleoak Life ranks #216 out of 497 companies for PB Ratio. This puts Nobleoak Life in the upper half of its industry. The industry median PB Ratio is 1.38. Nobleoak Life's value of 1.15 is 16.7% below this benchmark. Historically, Nobleoak Life's own PB Ratio has ranged from 1.00 to 2.01 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 1.38, Nobleoak Life has consistently been below 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 1.38, 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. Nobleoak Life's current PB Ratio of 1.15 is 16.7% below 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 Nobleoak Life and its competitors. For the Insurance industry, the median PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nobleoak Life's current PB Ratio is 1.15, which is 19% below median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nobleoak Life stock overvalued right now?
Based on GuruFocus' analysis, Nobleoak Life (ASX:NOL) is currently considered Significantly Undervalued. The stock's GF Value™ is A$1.76, compared to a current price of A$1.19 — trading 32.7% below its estimated fair value. The current PB Ratio is 1.15, which is 19% below median its 10-year median of 1.42 and 16.7% below the Insurance industry median of 1.38. Nobleoak Life's overall GF Score™ is 52/100 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 Nobleoak Life (ASX:NOL), the current PB Ratio is 1.15 as of Jun. 26, 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 Nobleoak Life (ASX:NOL) Overvalued in 2026?
Based on GuruFocus' analysis, Nobleoak Life stock appears to be undervalued.
The current stock price of A$1.19 is trading 32.7% below its estimated GF Value™ of A$1.76.
GuruFocus considers Nobleoak Life to be Significantly Undervalued.
Key valuation signals for ASX:NOL:
PB Ratio: 1.15 (19% below median its 10-year median of 1.42)
GF Value™: A$1.76 vs. price of A$1.19 (32.7% below fair value)
Industry Position: 16.7% below the Insurance median (#216 of 497)
No single metric tells the full story. See the ASX:NOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nobleoak Life Ltd is involved in the manufacture and distribution of Life Insurance products (including death, total and permanent disability, trauma, income protection and business expenses insurance) through both its Direct and Strategic Partner (Advised) channels. The company's segments include Direct Business, Strategic Partnerships, and Genus. It generates maximum revenue from the Direct segment.
52GF Score
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