Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ISX:MREI's PB Ratio is ranked better than 97.39% of 498
companies
in the Insurance industry
Industry Median: 1.405
vs ISX:MREI: 0.29
During the past 12 months, PT Maskapai Reasuransi Indonesia Tbk's average Book Value Per Share Growth Rate was 6.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PT Maskapai Reasuransi Indonesia Tbk was 31.20% per year. The lowest was -6.20% per year. And the median was 21.50% per year.
Back to Basics: PB Ratio
PT Maskapai Reasuransi Indonesia Tbk (ISX:MREI) 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.
PT Maskapai Reasuransi Indonesia Tbk PB Ratio Related Terms
PT Maskapai Reasuransi Indonesia Tbk 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.
PT Maskapai Reasuransi Indonesia Tbk PB Ratio Chart
For the Insurance - Reinsurance subindustry, PT Maskapai Reasuransi Indonesia Tbk'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.
PT Maskapai Reasuransi Indonesia Tbk PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, PT Maskapai Reasuransi Indonesia Tbk's PB Ratio distribution charts can be found below:
* The bar in red indicates where PT Maskapai Reasuransi Indonesia Tbk's PB Ratio falls into.
PT Maskapai Reasuransi Indonesia Tbk PB Ratio Calculation
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.
PT Maskapai Reasuransi Indonesia Tbk (ISX:MREI) has a PB Ratio of 0.29 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on PT Maskapai Reasuransi Indonesia Tbk and its competitors. This is 80% below median its historical median of 1.45. Over the past decade, PT Maskapai Reasuransi Indonesia Tbk's PB Ratio has ranged from 0.23 to 11.88. According to the industry distribution chart, PT Maskapai Reasuransi Indonesia Tbk ranks #13 out of 498 companies in the Insurance industry, placing it in the top 2.6%.
Is PT Maskapai Reasuransi Indonesia Tbk's PB Ratio too high?
PT Maskapai Reasuransi Indonesia Tbk's current PB Ratio of 0.29 is 80% below median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 11.88. The Insurance industry median PB Ratio is 1.41. PT Maskapai Reasuransi Indonesia Tbk's value of 0.29 is 79.4% below this industry median. Based on the distribution chart, PT Maskapai Reasuransi Indonesia Tbk ranks #13 out of 498 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, PT Maskapai Reasuransi Indonesia Tbk has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Maskapai Reasuransi Indonesia Tbk's PB Ratio compare to RGA and EG?
According to the Insurance industry distribution chart, PT Maskapai Reasuransi Indonesia Tbk ranks #13 out of 498 companies for PB Ratio. This places PT Maskapai Reasuransi Indonesia Tbk in the top 3% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.41. PT Maskapai Reasuransi Indonesia Tbk's value of 0.29 is 79.4% below this benchmark. Historically, PT Maskapai Reasuransi Indonesia Tbk's own PB Ratio has ranged from 0.23 to 11.88 over the past decade. While the company's 10-year median is 1.45 vs. the industry median of 1.41, PT Maskapai Reasuransi Indonesia Tbk 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 498 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. PT Maskapai Reasuransi Indonesia Tbk's current PB Ratio of 0.29 is 79.4% 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 PT Maskapai Reasuransi Indonesia Tbk 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. PT Maskapai Reasuransi Indonesia Tbk's current PB Ratio is 0.29, which is 80% below median its own 10-year median of 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Maskapai Reasuransi Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Maskapai Reasuransi Indonesia Tbk (ISX:MREI) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp1,516.97, compared to a current price of Rp920.00 — trading 39.4% below its estimated fair value. The current PB Ratio is 0.29, which is 80% below median its 10-year median of 1.45 and 79.4% below the Insurance industry median of 1.41. PT Maskapai Reasuransi Indonesia Tbk's overall GF Score™ is 63/100 with 2 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 PT Maskapai Reasuransi Indonesia Tbk (ISX:MREI), the current PB Ratio is 0.29 as of Jul. 21, 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 PT Maskapai Reasuransi Indonesia Tbk (ISX:MREI) Overvalued in 2026?
Based on GuruFocus' analysis, PT Maskapai Reasuransi Indonesia Tbk stock appears to be undervalued.
The current stock price of Rp920.00 is trading 39.4% below its estimated GF Value™ of Rp1,516.97.
GuruFocus considers PT Maskapai Reasuransi Indonesia Tbk to be Significantly Undervalued.
Key valuation signals for ISX:MREI:
PB Ratio: 0.29 (80% below median its 10-year median of 1.45)
GF Value™: Rp1,516.97 vs. price of Rp920.00 (39.4% below fair value)
Industry Position: 79.4% below the Insurance median (#13 of 498)
No single metric tells the full story. See the ISX:MREI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Maskapai Reasuransi Indonesia Tbk Business Description
PT Maskapai Reasuransi Indonesia Tbk is involved in the reinsurance business across Indonesia. Its divisions are Life Reinsurance and General Reinsurance. The company's business offering includes fire, marine cargo, marine hull, motor vehicles, and life reinsurance products. Some of its products include personal accidents, lines, marine, critical illness, disability, and health.
63GF Score
Get the complete analysis for ISX:MREI
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ISX:MREI has been successfully added to your 
