Talanx AGCHIX:TLXD 77 PB Ratio is 1.87 as of Jun. 26, 2026, which is 82% above its 10-year median of 1.03. GuruFocus rates CHIX:TLXD with a GF Score™ of 77/100 and a GF Value™ of €102.55 (Fairly Valued). The stock has 2 warning signs investors should review. Among 497 Insurance companies, Talanx AG ranks worse than 66.8% 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 (2026-06-26), Talanx AG's share price is €103.70. Talanx AG's Book Value per Share for the quarter that ended in Mar. 2026 was €55.38. Hence, Talanx AG's PB Ratio of today is 1.87.
Good Sign:
Talanx AG stock PB Ratio (=1.92) is close to 1-year low of 1.78.
The historical rank and industry rank for Talanx AG's PB Ratio or its related term are showing as below:
CHIX:TLXd'
s PB Ratio Range Over the Past 10 Years
Min: 0.63 Med: 1.03 Max: 2.68
Current: 1.92
During the past 13 years, Talanx AG's highest PB Ratio was 2.68. The lowest was 0.63. And the median was 1.03.
CHIX:TLXd's PB Ratio is ranked worse than 66.8% of 497
companies
in the Insurance industry
Industry Median: 1.38
vs CHIX:TLXd: 1.92
During the past 12 months, Talanx AG's average Book Value Per Share Growth Rate was 16.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 15.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Talanx AG was 16.10% per year. The lowest was -5.30% per year. And the median was 5.60% 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.
Talanx AG PB Ratio Related Terms
Talanx AG PB Ratio Historical Data
* Premium members only.
The historical data trend for Talanx AG'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, Talanx AG'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.
Talanx AG PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Talanx AG's PB Ratio distribution charts can be found below:
* The bar in red indicates where Talanx AG'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.
Talanx AG'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.
Talanx AG (CHIX:TLXD) has a PB Ratio of 1.87 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 Talanx AG and its competitors. This is 82% above median its historical median of 1.03. Over the past decade, Talanx AG's PB Ratio has ranged from 0.63 to 2.68. According to the industry distribution chart, Talanx AG ranks #332 out of 497 companies in the Insurance industry, placing it in the top 66.8%.
Is Talanx AG's PB Ratio too high?
Talanx AG's current PB Ratio of 1.87 is 82% above median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 2.68. The Insurance industry median PB Ratio is 1.38. Talanx AG's value of 1.87 is 35.5% above this industry median. Based on the distribution chart, Talanx AG ranks #332 out of 497 companies in the Insurance industry, which is below the industry midpoint. Overall, Talanx AG has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Talanx AG's PB Ratio compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Talanx AG ranks #332 out of 497 companies for PB Ratio. This places Talanx AG in the lower half of its industry. The industry median PB Ratio is 1.38. Talanx AG's value of 1.87 is 35.5% above this benchmark. Historically, Talanx AG's own PB Ratio has ranged from 0.63 to 2.68 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 1.38, Talanx AG 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 1.38, 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. Talanx AG's current PB Ratio of 1.87 is 35.5% 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 Talanx AG 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. Talanx AG's current PB Ratio is 1.87, which is 82% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Talanx AG stock overvalued right now?
Based on GuruFocus' analysis, Talanx AG (CHIX:TLXD) is currently considered Fairly Valued. The stock's GF Value™ is €102.55, compared to a current price of €103.70 — trading 1.1% above its estimated fair value. The current PB Ratio is 1.87, which is 82% above median its 10-year median of 1.03 and 35.5% above the Insurance industry median of 1.38. Talanx AG's overall GF Score™ is 77/100 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 Talanx AG (CHIX:TLXD), the current PB Ratio is 1.87 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 Talanx AG (CHIX:TLXD) Overvalued in 2026?
Based on GuruFocus' analysis, Talanx AG stock appears to be overvalued.
The current stock price of €103.70 is trading 1.1% above its estimated GF Value™ of €102.55.
GuruFocus considers Talanx AG to be Fairly Valued.
Key valuation signals for CHIX:TLXD:
PB Ratio: 1.87 (82% above median its 10-year median of 1.03)
GF Value™: €102.55 vs. price of €103.70 (1.1% above fair value)
Industry Position: 35.5% above the Insurance median (#332 of 497)
No single metric tells the full story. See the CHIX:TLXD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Talanx is the third largest insurer in Germany. It sells insurance to businesses, individuals, and reinsures other insurers. The origins of Talanx go back to the early 1900s and the founding of two mutuals in Germany, HDI and FSV, that were set up to provide liability insurance to the German iron and steel industry, and fire insurance to the German mining industry as a result of a growing dissatisfaction with providers of insurance. These two mutuals merged to form Halfplichtverband der Deutschen Industrie, or HDI, in 1970. Over the years companies outside of metals and mining have joined the mutual. HDI started providing reinsurance services in the mid-1920s, and individual insurance in the 1950s. HDI owns just over three-quarters of the Talanx share capital.
77GF Score
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