Hamilton Insurance GroupHG +0.74%61 PB Ratio is 1.19 as of Jun. 25, 2026, which is 35% above its 10-year median of 0.88. GuruFocus rates HG with a GF Score™ of 61/100 and a GF Value™ of $27.18 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 497 Insurance companies, Hamilton Insurance Group ranks better than 59.36% on this metric.
Hamilton Insurance Group Ltd stock PB Ratio (=1.18) is close to 3-year high of 1.19.
The historical rank and industry rank for Hamilton Insurance Group's PB Ratio or its related term are showing as below:
HG'
s PB Ratio Range Over the Past 10 Years
Min: 0.65 Med: 0.88 Max: 1.2
Current: 1.19
During the past 6 years, Hamilton Insurance Group's highest PB Ratio was 1.20. The lowest was 0.65. And the median was 0.88.
HG's PB Ratio is ranked better than 59.36% of 497
companies
in the Insurance industry
Industry Median: 1.38
vs HG: 1.19
During the past 12 months, Hamilton Insurance Group'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 23.50% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Hamilton Insurance Group was 23.50% per year. The lowest was 12.20% per year. And the median was 17.85% per year.
Back to Basics: PB Ratio
Hamilton Insurance Group (NYSE:HG) 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.
* 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, Hamilton Insurance 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.
Hamilton Insurance Group PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Hamilton Insurance Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hamilton Insurance 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.
* 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.
Hamilton Insurance Group (HG) has a PB Ratio of 1.19 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hamilton Insurance Group and its competitors. This is 35% above median its historical median of 0.88. Over the past decade, Hamilton Insurance Group's PB Ratio has ranged from 0.65 to 1.20. According to the industry distribution chart, Hamilton Insurance Group ranks #202 out of 497 companies in the Insurance industry, placing it in the top 40.6%.
Is Hamilton Insurance Group's PB Ratio too high?
Hamilton Insurance Group's current PB Ratio of 1.19 is 35% above median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 1.20. The Insurance industry median PB Ratio is 1.38. Hamilton Insurance Group's value of 1.19 is 13.8% below this industry median. Based on the distribution chart, Hamilton Insurance Group ranks #202 out of 497 companies in the Insurance industry, which is above the industry midpoint. Overall, Hamilton Insurance Group has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hamilton Insurance Group's PB Ratio compare to SPNT and GLRE?
According to the Insurance industry distribution chart, Hamilton Insurance Group ranks #202 out of 497 companies for PB Ratio. This puts Hamilton Insurance Group in the upper half of its industry. The industry median PB Ratio is 1.38. Hamilton Insurance Group's value of 1.19 is 13.8% below this benchmark. Historically, Hamilton Insurance Group's own PB Ratio has ranged from 0.65 to 1.20 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 1.38, Hamilton Insurance 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 1.38, 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. Hamilton Insurance Group's current PB Ratio of 1.19 is 13.8% 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 Hamilton Insurance Group 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. Hamilton Insurance Group's current PB Ratio is 1.19, which is 35% above median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamilton Insurance Group stock overvalued right now?
Based on GuruFocus' analysis, Hamilton Insurance Group (HG) is currently considered Modestly Overvalued. The stock's GF Value™ is $27.18, compared to a current price of $32.61 — trading 20% above its estimated fair value. The current PB Ratio is 1.19, which is 35% above median its 10-year median of 0.88 and 13.8% below the Insurance industry median of 1.38. Hamilton Insurance Group's overall GF Score™ is 61/100 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 Hamilton Insurance Group (HG), the current PB Ratio is 1.19 as of Jun. 25, 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 Hamilton Insurance Group (HG) Overvalued in 2026?
Based on GuruFocus' analysis, Hamilton Insurance Group stock appears to be overvalued.
The current stock price of $32.61 is trading 20% above its estimated GF Value™ of $27.18.
GuruFocus considers Hamilton Insurance Group to be Modestly Overvalued.
Key valuation signals for HG:
PB Ratio: 1.19 (35% above median its 10-year median of 0.88)
GF Value™: $27.18 vs. price of $32.61 (20% above fair value)
Industry Position: 13.8% below the Insurance median (#202 of 497)
No single metric tells the full story. See the HG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hamilton Insurance Group Ltd is a specialty insurance and reinsurance company. It operates globally, with underwriting operations in London, Dublin, Bermuda, and the United States. It operates three principal underwriting platforms (Hamilton Global Specialty, Hamilton Select, and Hamilton Re) that are categorized into two reporting business segments: International and Bermuda.
61GF Score
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