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Markel GroupBSP:MKLC34 -0.46%82 PB Ratio is 1.31 as of Jul. 13, 2026, which is 8% below its 10-year median of 1.42. GuruFocus rates BSP:MKLC34 with a GF Score™ of 82/100 and a GF Value™ of R$530.88 (Fairly Valued). The stock has 7 warning signs investors should review. Among 500 Insurance companies, Markel Group ranks better than 52.8% 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 (2026-07-13), Markel Group's share price is R$497.00. Markel Group's Book Value per Share for the quarter that ended in Mar. 2026 was R$378.36. Hence, Markel Group's PB Ratio of today is 1.31.
The historical rank and industry rank for Markel Group's PB Ratio or its related term are showing as below:
BSP:MKLC34'
s PB Ratio Range Over the Past 10 Years
Min: 0.98 Med: 1.42 Max: 1.79
Current: 1.35
During the past 13 years, Markel Group's highest PB Ratio was 1.79. The lowest was 0.98. And the median was 1.42.
BSP:MKLC34's PB Ratio is ranked better than 52.8% of 500
companies
in the Insurance industry
Industry Median: 1.395
vs BSP:MKLC34: 1.35
During the past 12 months, Markel Group's average Book Value Per Share Growth Rate was 11.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 16.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Markel Group was 46.20% per year. The lowest was 5.20% per year. And the median was 15.00% 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.
Markel Group PB Ratio Related Terms
Markel Group PB Ratio Historical Data
* Premium members only.
The historical data trend for Markel 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 - Property & Casualty subindustry, Markel 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.
Markel Group PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Markel Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Markel 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.
Markel 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.
Markel Group (BSP:MKLC34) has a PB Ratio of 1.31 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Markel Group and its competitors. This is near median its historical median of 1.42. Over the past decade, Markel Group's PB Ratio has ranged from 0.98 to 1.79. According to the industry distribution chart, Markel Group ranks #236 out of 500 companies in the Insurance industry, placing it in the top 47.2%.
Is Markel Group's PB Ratio too high?
Markel Group's current PB Ratio of 1.31 is near median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 1.79. The Insurance industry median PB Ratio is 1.40. Markel Group's value of 1.31 is 6.1% below this industry median. Based on the distribution chart, Markel Group ranks #236 out of 500 companies in the Insurance industry, which is above the industry midpoint. Overall, Markel Group has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Markel Group's PB Ratio compare to L and WRB?
According to the Insurance industry distribution chart, Markel Group ranks #236 out of 500 companies for PB Ratio. This puts Markel Group in the upper half of its industry. The industry median PB Ratio is 1.40. Markel Group's value of 1.31 is 6.1% below this benchmark. Historically, Markel Group's own PB Ratio has ranged from 0.98 to 1.79 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 1.40, Markel Group 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 1.40, 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. Markel Group's current PB Ratio of 1.31 is 6.1% 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 Markel Group 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. Markel Group's current PB Ratio is 1.31, which is near 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 Markel Group stock overvalued right now?
Based on GuruFocus' analysis, Markel Group (BSP:MKLC34) is currently considered Fairly Valued. The stock's GF Value™ is R$530.88, compared to a current price of R$497.00 — trading 6.4% below its estimated fair value. The current PB Ratio is 1.31, which is near median its 10-year median of 1.42 and 6.1% below the Insurance industry median of 1.40. Markel Group's overall GF Score™ is 82/100 with 7 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 Markel Group (BSP:MKLC34), the current PB Ratio is 1.31 as of Jul. 13, 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 Markel Group (BSP:MKLC34) Overvalued in 2026?
Based on GuruFocus' analysis, Markel Group stock appears to be undervalued.
The current stock price of R$497.00 is trading 6.4% below its estimated GF Value™ of R$530.88.
GuruFocus considers Markel Group to be Fairly Valued.
Key valuation signals for BSP:MKLC34:
PB Ratio: 1.31 (near median its 10-year median of 1.42)
GF Value™: R$530.88 vs. price of R$497.00 (6.4% below fair value)
Industry Position: 6.1% below the Insurance median (#236 of 500)
No single metric tells the full story. See the BSP:MKLC34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Markel's primary business is property and casualty insurance. The company focuses primarily on specialty lines, ranging from areas such as executive liability to commercial equine insurance. The acquisition of Alterra in 2013 added substantial reinsurance operations, which now account for a little over 10% of premiums. The company uses capital generated by its insurance operations to buy noninsurance operations in diverse areas, such as bakery equipment manufacturing and residential homebuilding.
82GF Score
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