Cincinnati FinancialCINF +1.49%71 PB Ratio is 1.76 as of Jun. 24, 2026, which is 10% above its 10-year median of 1.60. GuruFocus rates CINF with a GF Score™ of 71/100 and a GF Value™ of $164.42 (Fairly Valued). The stock has 5 warning signs investors should review. Among 499 Insurance companies, Cincinnati Financial ranks worse than 61.92% on this metric.
Cincinnati Financial Corp stock PB Ratio (=1.73) is close to 5-year high of 1.89.
The historical rank and industry rank for Cincinnati Financial's PB Ratio or its related term are showing as below:
CINF'
s PB Ratio Range Over the Past 10 Years
Min: 0.98 Med: 1.6 Max: 2.07
Current: 1.76
During the past 13 years, Cincinnati Financial's highest PB Ratio was 2.07. The lowest was 0.98. And the median was 1.60.
CINF's PB Ratio is ranked worse than 61.92% of 499
companies
in the Insurance industry
Industry Median: 1.39
vs CINF: 1.76
During the past 12 months, Cincinnati Financial's average Book Value Per Share Growth Rate was 15.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 15.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cincinnati Financial was 32.50% per year. The lowest was -9.70% per year. And the median was 7.10% per year.
Back to Basics: PB Ratio
Cincinnati Financial (NAS:CINF) PB Ratio Explanation
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.
Cincinnati Financial PB Ratio Related Terms
Cincinnati Financial PB Ratio Historical Data
* Premium members only.
The historical data trend for Cincinnati Financial'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, Cincinnati Financial'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.
Cincinnati Financial PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Cincinnati Financial's PB Ratio distribution charts can be found below:
* The bar in red indicates where Cincinnati Financial'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.
Cincinnati Financial (CINF) has a PB Ratio of 1.76 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Cincinnati Financial and its competitors. This is 10% above median its historical median of 1.60. Over the past decade, Cincinnati Financial's PB Ratio has ranged from 0.98 to 2.07. According to the industry distribution chart, Cincinnati Financial ranks #309 out of 499 companies in the Insurance industry, placing it in the top 61.9%.
Is Cincinnati Financial's PB Ratio too high?
Cincinnati Financial's current PB Ratio of 1.76 is 10% above median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 2.07. The Insurance industry median PB Ratio is 1.39. Cincinnati Financial's value of 1.76 is 26.6% above this industry median. Based on the distribution chart, Cincinnati Financial ranks #309 out of 499 companies in the Insurance industry, which is below the industry midpoint. Overall, Cincinnati Financial has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cincinnati Financial's PB Ratio compare to WRB and MKL?
According to the Insurance industry distribution chart, Cincinnati Financial ranks #309 out of 499 companies for PB Ratio. This places Cincinnati Financial in the lower half of its industry. The industry median PB Ratio is 1.39. Cincinnati Financial's value of 1.76 is 26.6% above this benchmark. Historically, Cincinnati Financial's own PB Ratio has ranged from 0.98 to 2.07 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 1.39, Cincinnati Financial 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 499 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. Cincinnati Financial's current PB Ratio of 1.76 is 26.6% 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 Cincinnati Financial 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. Cincinnati Financial's current PB Ratio is 1.76, which is 10% above median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cincinnati Financial stock overvalued right now?
Based on GuruFocus' analysis, Cincinnati Financial (CINF) is currently considered Fairly Valued. The stock's GF Value™ is $164.42, compared to a current price of $178.45 — trading 8.5% above its estimated fair value. The current PB Ratio is 1.76, which is 10% above median its 10-year median of 1.60 and 26.6% above the Insurance industry median of 1.39. Cincinnati Financial's overall GF Score™ is 71/100 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 Cincinnati Financial (CINF), the current PB Ratio is 1.76 as of Jun. 24, 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 Cincinnati Financial (CINF) Overvalued in 2026?
Based on GuruFocus' analysis, Cincinnati Financial stock appears to be overvalued.
The current stock price of $178.45 is trading 8.5% above its estimated GF Value™ of $164.42.
GuruFocus considers Cincinnati Financial to be Fairly Valued.
Key valuation signals for CINF:
PB Ratio: 1.76 (10% above median its 10-year median of 1.60)
GF Value™: $164.42 vs. price of $178.45 (8.5% above fair value)
Industry Position: 26.6% above the Insurance median (#309 of 499)
No single metric tells the full story. See the CINF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cincinnati Financial Corp is a property and casualty insurance company that generates income through written premiums. A select group of independent agencies actively markets the company's business, home, and automotive insurance within their communities. These agents offer the company's personal lines as well as its standard market, excess, and surplus commercial line policies in many regions in the United States. Cincinnati Financial also offers leasing and financing services. The company operates in segments: Commercial lines insurance, Personal lines insurance, Excess and surplus lines insurance, Life insurance, and Investments. The vast majority of the company's revenue is generated through commercial lines, followed by personal lines.
71GF Score
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