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SKWD'
s PB Ratio Range Over the Past 10 Years
Min: 1.54 Med: 2.07 Max: 3.02
Current: 2.15
During the past 6 years, Skyward Specialty Insurance Group's highest PB Ratio was 3.02. The lowest was 1.54. And the median was 2.07.
SKWD's PB Ratio is ranked worse than 70.48% of 498
companies
in the Insurance industry
Industry Median: 1.405
vs SKWD: 2.15
During the past 12 months, Skyward Specialty Insurance Group's average Book Value Per Share Growth Rate was 30.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 30.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 24.60% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Skyward Specialty Insurance Group was 30.50% per year. The lowest was 20.40% per year. And the median was 27.20% per year.
Back to Basics: PB Ratio
Skyward Specialty Insurance Group (NAS:SKWD) 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.
Skyward Specialty Insurance Group PB Ratio Related Terms
Skyward Specialty Insurance Group 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, Skyward Specialty 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.
Skyward Specialty Insurance Group PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Skyward Specialty Insurance Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Skyward Specialty Insurance Group's PB Ratio falls into.
Skyward Specialty Insurance Group 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.
Skyward Specialty Insurance Group (SKWD) has a PB Ratio of 2.15 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Skyward Specialty Insurance Group and its competitors. This is near median its historical median of 2.07. Over the past decade, Skyward Specialty Insurance Group's PB Ratio has ranged from 1.54 to 3.02. According to the industry distribution chart, Skyward Specialty Insurance Group ranks #351 out of 498 companies in the Insurance industry, placing it in the top 70.5%.
Is Skyward Specialty Insurance Group's PB Ratio too high?
Skyward Specialty Insurance Group's current PB Ratio of 2.15 is near median its 10-year median of 2.07. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 3.02. The Insurance industry median PB Ratio is 1.41. Skyward Specialty Insurance Group's value of 2.15 is 53% above this industry median. Based on the distribution chart, Skyward Specialty Insurance Group ranks #351 out of 498 companies in the Insurance industry, which is below the industry midpoint. Overall, Skyward Specialty Insurance Group has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Skyward Specialty Insurance Group's PB Ratio compare to HCI and SLDE?
According to the Insurance industry distribution chart, Skyward Specialty Insurance Group ranks #351 out of 498 companies for PB Ratio. This places Skyward Specialty Insurance Group in the lower half of its industry. The industry median PB Ratio is 1.41. Skyward Specialty Insurance Group's value of 2.15 is 53% above this benchmark. Historically, Skyward Specialty Insurance Group's own PB Ratio has ranged from 1.54 to 3.02 over the past decade. While the company's 10-year median is 2.07 vs. the industry median of 1.41, Skyward Specialty Insurance Group 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 1.41, 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. Skyward Specialty Insurance Group's current PB Ratio of 2.15 is 53% 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 Skyward Specialty Insurance Group 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. Skyward Specialty Insurance Group's current PB Ratio is 2.15, which is near median its own 10-year median of 2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skyward Specialty Insurance Group stock overvalued right now?
Based on GuruFocus' analysis, Skyward Specialty Insurance Group (SKWD) is currently considered Fairly Valued. The stock's GF Value™ is $59.41, compared to a current price of $59.16 — trading 0.4% below its estimated fair value. The current PB Ratio is 2.15, which is near median its 10-year median of 2.07 and 53% above the Insurance industry median of 1.41. Skyward Specialty Insurance Group's overall GF Score™ is 83/100 with 4 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 Skyward Specialty Insurance Group (SKWD), the current PB Ratio is 2.15 as of Jul. 19, 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 Skyward Specialty Insurance Group (SKWD) Overvalued in 2026?
Based on GuruFocus' analysis, Skyward Specialty Insurance Group stock appears to be undervalued.
The current stock price of $59.16 is trading 0.4% below its estimated GF Value™ of $59.41.
GuruFocus considers Skyward Specialty Insurance Group to be Fairly Valued.
Key valuation signals for SKWD:
PB Ratio: 2.15 (near median its 10-year median of 2.07)
GF Value™: $59.41 vs. price of $59.16 (0.4% below fair value)
Industry Position: 53% above the Insurance median (#351 of 498)
No single metric tells the full story. See the SKWD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Skyward Specialty Insurance Group Business Description
Skyward Specialty Insurance Group Inc is a specialty insurance company that offers a suite of specialized insurance solutions across specialty property and casualty markets on a non-admitted and admitted basis. Its portfolio of insurance offerings covers a wide variety of risks, including general liability, commercial auto, group accident and health, property, agriculture, credit, surety, and workers' compensation, among others. Geographically, the group mainly operates in the United States.
83GF Score
Get the complete analysis for SKWD
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