The historical rank and industry rank for Fairfax Financial Holdings's PB Ratio or its related term are showing as below:
FRFHF'
s PB Ratio Range Over the Past 10 Years
Min: 0.61 Med: 1.1 Max: 1.63
Current: 1.41
During the past 13 years, Fairfax Financial Holdings's highest PB Ratio was 1.63. The lowest was 0.61. And the median was 1.10.
FRFHF's PB Ratio is ranked better than 50% of 500
companies
in the Insurance industry
Industry Median: 1.405
vs FRFHF: 1.41
During the past 12 months, Fairfax Financial Holdings's average Book Value Per Share Growth Rate was 14.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 18.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 22.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 13.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Fairfax Financial Holdings was 51.20% per year. The lowest was -12.00% per year. And the median was 10.45% per year.
Back to Basics: PB Ratio
Fairfax Financial Holdings (OTCPK:FRFHF) 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.
Fairfax Financial Holdings PB Ratio Related Terms
Fairfax Financial Holdings PB Ratio Historical Data
* 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, Fairfax Financial Holdings'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.
Fairfax Financial Holdings PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Fairfax Financial Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Fairfax Financial Holdings'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.
Fairfax Financial Holdings (FRFHF) has a PB Ratio of 1.35 as of Jul. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Fairfax Financial Holdings and its competitors. This is 23% above median its historical median of 1.10. Over the past decade, Fairfax Financial Holdings' PB Ratio has ranged from 0.61 to 1.63. According to the industry distribution chart, Fairfax Financial Holdings ranks #250 out of 500 companies in the Insurance industry, placing it in the top 50%.
Is Fairfax Financial Holdings' PB Ratio too high?
Fairfax Financial Holdings' current PB Ratio of 1.35 is 23% above median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 1.63. The Insurance industry median PB Ratio is 1.41. Fairfax Financial Holdings' value of 1.35 is 3.9% below this industry median. Based on the distribution chart, Fairfax Financial Holdings ranks #250 out of 500 companies in the Insurance industry, which is above the industry midpoint. Overall, Fairfax Financial Holdings has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fairfax Financial Holdings' PB Ratio compare to CB and PGR?
According to the Insurance industry distribution chart, Fairfax Financial Holdings ranks #250 out of 500 companies for PB Ratio. This puts Fairfax Financial Holdings in the upper half of its industry. The industry median PB Ratio is 1.41. Fairfax Financial Holdings' value of 1.35 is 3.9% below this benchmark. Historically, Fairfax Financial Holdings' own PB Ratio has ranged from 0.61 to 1.63 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 1.41, Fairfax Financial Holdings 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 1.41, 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. Fairfax Financial Holdings's current PB Ratio of 1.35 is 3.9% 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 Fairfax Financial Holdings and its competitors. For the Insurance industry, the median PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fairfax Financial Holdings's current PB Ratio is 1.35, which is 23% above median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fairfax Financial Holdings stock overvalued right now?
Based on GuruFocus' analysis, Fairfax Financial Holdings (FRFHF) is currently considered Fairly Valued. The stock's GF Value™ is $1,512.00, compared to a current price of $1,682.03 — trading 11.2% above its estimated fair value. The current PB Ratio is 1.35, which is 23% above median its 10-year median of 1.10 and 3.9% below the Insurance industry median of 1.41. Fairfax Financial Holdings' overall GF Score™ is 78/100 with 6 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 Fairfax Financial Holdings (FRFHF), the current PB Ratio is 1.35 as of Jul. 04, 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 Fairfax Financial Holdings (FRFHF) Overvalued in 2026?
Based on GuruFocus' analysis, Fairfax Financial Holdings stock appears to be overvalued.
The current stock price of $1,682.03 is trading 11.2% above its estimated GF Value™ of $1,512.00.
GuruFocus considers Fairfax Financial Holdings to be Fairly Valued.
Key valuation signals for FRFHF:
PB Ratio: 1.35 (23% above median its 10-year median of 1.10)
GF Value™: $1,512.00 vs. price of $1,682.03 (11.2% above fair value)
Industry Position: 3.9% below the Insurance median (#250 of 500)
No single metric tells the full story. See the FRFHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fairfax Financial Holdings provides reinsurance and property and casualty insurance in Canada, the United States, and other international markets. The company also has some noninsurance operations such as restaurants. Fairfax has been led by Prem Watsa, its chair and CEO, since its formation in 1985.
78GF Score
Get the complete analysis for FRFHF
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