MS&AD Insurance Group Holdings Inc stock PB Ratio (=1.35) is close to 10-year high of 1.47.
The historical rank and industry rank for MS&AD Insurance Group Holdings's PB Ratio or its related term are showing as below:
NGO:8725'
s PB Ratio Range Over the Past 10 Years
Min: 0.52 Med: 0.74 Max: 1.47
Current: 1.35
During the past 13 years, MS&AD Insurance Group Holdings's highest PB Ratio was 1.47. The lowest was 0.52. And the median was 0.74.
NGO:8725's PB Ratio is ranked better than 51.51% of 497
companies
in the Insurance industry
Industry Median: 1.38
vs NGO:8725: 1.35
During the past 12 months, MS&AD Insurance Group Holdings's average Book Value Per Share Growth Rate was 24.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 19.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of MS&AD Insurance Group Holdings was 27.00% per year. The lowest was -29.50% per year. And the median was 7.20% per year.
Back to Basics: PB Ratio
MS&AD Insurance Group Holdings (NGO:8725) 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.
MS&AD Insurance Group Holdings PB Ratio Related Terms
MS&AD Insurance Group 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, MS&AD Insurance Group 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.
MS&AD Insurance Group Holdings PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, MS&AD Insurance Group Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where MS&AD Insurance Group Holdings's PB Ratio falls into.
MS&AD Insurance Group Holdings 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.
MS&AD Insurance Group Holdings (NGO:8725) has a PB Ratio of 1.27 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 MS&AD Insurance Group Holdings and its competitors. This is 72% above median its historical median of 0.74. Over the past decade, MS&AD Insurance Group Holdings' PB Ratio has ranged from 0.52 to 1.47. According to the industry distribution chart, MS&AD Insurance Group Holdings ranks #241 out of 497 companies in the Insurance industry, placing it in the top 48.5%.
Is MS&AD Insurance Group Holdings' PB Ratio too high?
MS&AD Insurance Group Holdings' current PB Ratio of 1.27 is 72% above median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.47. The Insurance industry median PB Ratio is 1.38. MS&AD Insurance Group Holdings' value of 1.27 is 8% below this industry median. Based on the distribution chart, MS&AD Insurance Group Holdings ranks #241 out of 497 companies in the Insurance industry, which is above the industry midpoint. Overall, MS&AD Insurance Group Holdings has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does MS&AD Insurance Group Holdings' PB Ratio compare to CB and PGR?
According to the Insurance industry distribution chart, MS&AD Insurance Group Holdings ranks #241 out of 497 companies for PB Ratio. This puts MS&AD Insurance Group Holdings in the upper half of its industry. The industry median PB Ratio is 1.38. MS&AD Insurance Group Holdings' value of 1.27 is 8% below this benchmark. Historically, MS&AD Insurance Group Holdings' own PB Ratio has ranged from 0.52 to 1.47 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 1.38, MS&AD Insurance Group 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 1.38, 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. MS&AD Insurance Group Holdings's current PB Ratio of 1.27 is 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 MS&AD Insurance Group Holdings 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. MS&AD Insurance Group Holdings's current PB Ratio is 1.27, which is 72% above median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MS&AD Insurance Group Holdings stock overvalued right now?
MS&AD Insurance Group Holdings (NGO:8725) has a current PB Ratio of 1.27. The stock's GF Value™ is 円3,562.12, compared to a current price of 円4,167.00 — trading 17% above its estimated fair value. The current PB Ratio is 1.27, which is 72% above median its 10-year median of 0.74 and 8% below the Insurance industry median of 1.38. MS&AD Insurance Group Holdings' overall GF Score™ is 80/100 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 MS&AD Insurance Group Holdings (NGO:8725), the current PB Ratio is 1.27 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 MS&AD Insurance Group Holdings (NGO:8725) Overvalued in 2026?
Based on GuruFocus' analysis, MS&AD Insurance Group Holdings stock appears to be overvalued.
The current stock price of 円4,167.00 is trading 17% above its estimated GF Value™ of 円3,562.12.
Key valuation signals for NGO:8725:
PB Ratio: 1.27 (72% above median its 10-year median of 0.74)
GF Value™: 円3,562.12 vs. price of 円4,167.00 (17% above fair value)
Industry Position: 8% below the Insurance median (#241 of 497)
No single metric tells the full story. See the NGO:8725 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MS&AD Insurance Group Holdings Business Description
MS&AD is Japan's largest domestic property and casualty insurer by market share, trailing Tokio Marine HCC in global scale. Domestically, it maintains a solid second-tier life presence. Overseas, MS&AD holds a dominant, profitable retail footprint in the Association of Southeast Asian Nations and is aggressively pivoting to US specialty lines via a milestone investment in W.R. Berkley, supported by MS Amlin's successful turnaround in global specialty markets.Domestically, MS&AD leverages deep corporate ties with Mitsui and Sumitomo, alongside an exclusive Toyota partnership that provides unparalleled advantages in capturing auto insurance customers and building advanced telematics data funnels.
80GF Score
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