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Greenlight Capital ReGLRE -1.38%62 PB Ratio is 0.75 as of Aug. 04, 2026, which is 7% above its 10-year median of 0.70. GuruFocus rates GLRE with a GF Score™ of 62/100 and a GF Value™ of $16.49 (Fairly Valued). The stock has 6 warning signs investors should review. Among 496 Insurance companies, Greenlight Capital Re ranks better than 80.04% on this metric.
The historical rank and industry rank for Greenlight Capital Re's PB Ratio or its related term are showing as below:
GLRE'
s PB Ratio Range Over the Past 10 Years
Min: 0.43 Med: 0.7 Max: 1.09
Current: 0.75
During the past 13 years, Greenlight Capital Re's highest PB Ratio was 1.09. The lowest was 0.43. And the median was 0.70.
GLRE's PB Ratio is ranked better than 80.04% of 496
companies
in the Insurance industry
Industry Median: 1.405
vs GLRE: 0.75
During the past 12 months, Greenlight Capital Re's average Book Value Per Share Growth Rate was 14.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -1.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Greenlight Capital Re was 30.50% per year. The lowest was -18.00% per year. And the median was 6.50% 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.
* 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 - Reinsurance subindustry, Greenlight Capital Re'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.
Greenlight Capital Re PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Greenlight Capital Re's PB Ratio distribution charts can be found below:
* The bar in red indicates where Greenlight Capital Re'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.
Greenlight Capital Re (GLRE) has a PB Ratio of 0.75 as of Aug. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Greenlight Capital Re and its competitors. This is near median its historical median of 0.70. Over the past decade, Greenlight Capital Re's PB Ratio has ranged from 0.43 to 1.09. According to the industry distribution chart, Greenlight Capital Re ranks #99 out of 496 companies in the Insurance industry, placing it in the top 20%.
Is Greenlight Capital Re's PB Ratio too high?
Greenlight Capital Re's current PB Ratio of 0.75 is near median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 1.09. The Insurance industry median PB Ratio is 1.41. Greenlight Capital Re's value of 0.75 is 46.6% below this industry median. Based on the distribution chart, Greenlight Capital Re ranks #99 out of 496 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Greenlight Capital Re has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Greenlight Capital Re's PB Ratio compare to KG and OXBR?
According to the Insurance industry distribution chart, Greenlight Capital Re ranks #99 out of 496 companies for PB Ratio. This places Greenlight Capital Re in the top 20% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.41. Greenlight Capital Re's value of 0.75 is 46.6% below this benchmark. Historically, Greenlight Capital Re's own PB Ratio has ranged from 0.43 to 1.09 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 1.41, Greenlight Capital Re 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 496 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. Greenlight Capital Re's current PB Ratio of 0.75 is 46.6% 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 Greenlight Capital Re 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. Greenlight Capital Re's current PB Ratio is 0.75, which is near median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenlight Capital Re stock overvalued right now?
Based on GuruFocus' analysis, Greenlight Capital Re (GLRE) is currently considered Fairly Valued. The stock's GF Value™ is $16.49, compared to a current price of $16.40 — trading 0.5% below its estimated fair value. The current PB Ratio is 0.75, which is near median its 10-year median of 0.70 and 46.6% below the Insurance industry median of 1.41. Greenlight Capital Re's overall GF Score™ is 62/100 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 Greenlight Capital Re (GLRE), the current PB Ratio is 0.75 as of Aug. 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 Greenlight Capital Re (GLRE) Overvalued in 2026?
Based on GuruFocus' analysis, Greenlight Capital Re stock appears to be undervalued.
The current stock price of $16.40 is trading 0.5% below its estimated GF Value™ of $16.49.
GuruFocus considers Greenlight Capital Re to be Fairly Valued.
Key valuation signals for GLRE:
PB Ratio: 0.75 (near median its 10-year median of 0.70)
GF Value™: $16.49 vs. price of $16.40 (0.5% below fair value)
Industry Position: 46.6% below the Insurance median (#99 of 496)
No single metric tells the full story. See the GLRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Greenlight Capital Re Ltd offers property and casualty reinsurance. Its customers are property and casualty insurers, and Greenlight takes on some of their risk in exchange for insurance premiums. It operates through one operating segment: property and casualty reinsurance. It generates revenue through premiums from reinsurance on property and casualty business assumed and income from investments.
62GF Score
Get the complete analysis for GLRE
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