Hannover Rueck SEHVRRY -0.58%71 PB Ratio is 2.02 as of Jun. 25, 2026, which is 15% above its 10-year median of 1.76. GuruFocus rates HVRRY with a GF Score™ of 71/100 and a GF Value™ of $60.39 (Modestly Undervalued). Among 497 Insurance companies, Hannover Rueck SE ranks worse than 70.82% on this metric.
Hannover Rueck SE stock PB Ratio (=2.04) is close to 3-year low of 1.98.
The historical rank and industry rank for Hannover Rueck SE's PB Ratio or its related term are showing as below:
HVRRY'
s PB Ratio Range Over the Past 10 Years
Min: 1.27 Med: 1.76 Max: 3.02
Current: 2.06
During the past 13 years, Hannover Rueck SE's highest PB Ratio was 3.02. The lowest was 1.27. And the median was 1.76.
HVRRY's PB Ratio is ranked worse than 70.82% of 497
companies
in the Insurance industry
Industry Median: 1.38
vs HVRRY: 2.06
During the past 12 months, Hannover Rueck SE's average Book Value Per Share Growth Rate was 14.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hannover Rueck SE was 20.60% per year. The lowest was -4.90% per year. And the median was 8.80% per year.
Back to Basics: PB Ratio
Hannover Rueck SE (OTCPK:HVRRY) 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.
Hannover Rueck SE PB Ratio Related Terms
Hannover Rueck SE PB Ratio Historical Data
* Premium members only.
The historical data trend for Hannover Rueck SE'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 - Reinsurance subindustry, Hannover Rueck SE'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.
Hannover Rueck SE PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Hannover Rueck SE's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hannover Rueck SE'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.
Hannover Rueck SE (HVRRY) has a PB Ratio of 2.02 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 Hannover Rueck SE and its competitors. This is 15% above median its historical median of 1.76. Over the past decade, Hannover Rueck SE's PB Ratio has ranged from 1.27 to 3.02. According to the industry distribution chart, Hannover Rueck SE ranks #352 out of 497 companies in the Insurance industry, placing it in the top 70.8%.
Is Hannover Rueck SE's PB Ratio too high?
Hannover Rueck SE's current PB Ratio of 2.02 is 15% above median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 3.02. The Insurance industry median PB Ratio is 1.38. Hannover Rueck SE's value of 2.02 is 46.4% above this industry median. Based on the distribution chart, Hannover Rueck SE ranks #352 out of 497 companies in the Insurance industry, which is below the industry midpoint. Overall, Hannover Rueck SE has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hannover Rueck SE's PB Ratio compare to RGA and EG?
According to the Insurance industry distribution chart, Hannover Rueck SE ranks #352 out of 497 companies for PB Ratio. This places Hannover Rueck SE in the lower half of its industry. The industry median PB Ratio is 1.38. Hannover Rueck SE's value of 2.02 is 46.4% above this benchmark. Historically, Hannover Rueck SE's own PB Ratio has ranged from 1.27 to 3.02 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 1.38, Hannover Rueck SE 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. Hannover Rueck SE's current PB Ratio of 2.02 is 46.4% 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 Hannover Rueck SE 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. Hannover Rueck SE's current PB Ratio is 2.02, which is 15% above median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hannover Rueck SE stock overvalued right now?
Based on GuruFocus' analysis, Hannover Rueck SE (HVRRY) is currently considered Modestly Undervalued. The stock's GF Value™ is $60.39, compared to a current price of $44.86 — trading 25.7% below its estimated fair value. The current PB Ratio is 2.02, which is 15% above median its 10-year median of 1.76 and 46.4% above the Insurance industry median of 1.38. Hannover Rueck SE's overall GF Score™ is 71/100. 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 Hannover Rueck SE (HVRRY), the current PB Ratio is 2.02 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 Hannover Rueck SE (HVRRY) Overvalued in 2026?
Based on GuruFocus' analysis, Hannover Rueck SE stock appears to be undervalued.
The current stock price of $44.86 is trading 25.7% below its estimated GF Value™ of $60.39.
GuruFocus considers Hannover Rueck SE to be Modestly Undervalued.
Key valuation signals for HVRRY:
PB Ratio: 2.02 (15% above median its 10-year median of 1.76)
GF Value™: $60.39 vs. price of $44.86 (25.7% below fair value)
Industry Position: 46.4% above the Insurance median (#352 of 497)
No single metric tells the full story. See the HVRRY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hannover Re is a reinsurance company headquartered in Hannover, Germany. Its roots go back to the 1920s when, in conjunction with the Gerling Group, Haftpflichtverband founded Eisen- und Stahl-Industrie to provide reinsurance services. In the 1960s ownership of the business was turned over to Haftpflichtverband, and Aktiengesellschaft für Transport und- Rückversicherung was founded. This was the basis of Hannover Re. The business expanded into life and health reinsurance in the 1990s, and over the next 30 years expanded beyond its core domestic market of Germany to write business internationally. Hannover sold its commercial specialty insurance business to Talanx in January 2019. Hannover was listed in the 1990s on the Frankfurt Stock Exchange.
71GF Score
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