Allianz SESTU:ALV +0.19%77 PB Ratio is 2.41 as of Jul. 04, 2026, which is 84% above its 10-year median of 1.31. GuruFocus rates STU:ALV with a GF Score™ of 77/100 and a GF Value™ of €336.60 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 500 Insurance companies, Allianz SE ranks worse than 77.4% on this metric.
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. As of today (2026-07-04), Allianz SE's share price is €418.90. Allianz SE's Book Value per Share for the quarter that ended in Mar. 2026 was €173.75. Hence, Allianz SE's PB Ratio of today is 2.41.
Warning Sign:
Allianz SE stock PB Ratio (=2.42) is close to 10-year high of 2.54.
The historical rank and industry rank for Allianz SE's PB Ratio or its related term are showing as below:
STU:ALV'
s PB Ratio Range Over the Past 10 Years
Min: 0.76 Med: 1.31 Max: 2.54
Current: 2.42
During the past 13 years, Allianz SE's highest PB Ratio was 2.54. The lowest was 0.76. And the median was 1.31.
STU:ALV's PB Ratio is ranked worse than 77.4% of 500
companies
in the Insurance industry
Industry Median: 1.405
vs STU:ALV: 2.42
During the past 12 months, Allianz SE's average Book Value Per Share Growth Rate was 7.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -1.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Allianz SE was 11.70% per year. The lowest was -9.90% per year. And the median was 3.85% per year.
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.
Allianz SE PB Ratio Related Terms
Allianz SE PB Ratio Historical Data
* Premium members only.
The historical data trend for Allianz 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 - Diversified subindustry, Allianz 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.
Allianz SE PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Allianz SE's PB Ratio distribution charts can be found below:
* The bar in red indicates where Allianz 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.
Allianz SE's PB Ratio for today is calculated as follows:
* 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.
Allianz SE (STU:ALV) has a PB Ratio of 2.41 as of Jul. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Allianz SE and its competitors. This is 84% above median its historical median of 1.31. Over the past decade, Allianz SE's PB Ratio has ranged from 0.76 to 2.54. According to the industry distribution chart, Allianz SE ranks #387 out of 500 companies in the Insurance industry, placing it in the top 77.4%.
Is Allianz SE's PB Ratio too high?
Allianz SE's current PB Ratio of 2.41 is 84% above median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 2.54. The Insurance industry median PB Ratio is 1.41. Allianz SE's value of 2.41 is 71.5% above this industry median. Based on the distribution chart, Allianz SE ranks #387 out of 500 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Allianz SE has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Allianz SE's PB Ratio compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Allianz SE ranks #387 out of 500 companies for PB Ratio. This places Allianz SE in the lower half of its industry. The industry median PB Ratio is 1.41. Allianz SE's value of 2.41 is 71.5% above this benchmark. Historically, Allianz SE's own PB Ratio has ranged from 0.76 to 2.54 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.41, Allianz 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 1.41, based on 500 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. Allianz SE's current PB Ratio of 2.41 is 71.5% 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 Allianz SE 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. Allianz SE's current PB Ratio is 2.41, which is 84% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allianz SE stock overvalued right now?
Based on GuruFocus' analysis, Allianz SE (STU:ALV) is currently considered Modestly Overvalued. The stock's GF Value™ is €336.60, compared to a current price of €418.90 — trading 24.5% above its estimated fair value. The current PB Ratio is 2.41, which is 84% above median its 10-year median of 1.31 and 71.5% above the Insurance industry median of 1.41. Allianz SE's overall GF Score™ is 77/100 with 6 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 Allianz SE (STU:ALV), the current PB Ratio is 2.41 as of Jul. 04, 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 Allianz SE (STU:ALV) Overvalued in 2026?
Based on GuruFocus' analysis, Allianz SE stock appears to be overvalued.
The current stock price of €418.90 is trading 24.5% above its estimated GF Value™ of €336.60.
GuruFocus considers Allianz SE to be Modestly Overvalued.
Key valuation signals for STU:ALV:
PB Ratio: 2.41 (84% above median its 10-year median of 1.31)
GF Value™: €336.60 vs. price of €418.90 (24.5% above fair value)
Industry Position: 71.5% above the Insurance median (#387 of 500)
No single metric tells the full story. See the STU:ALV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Allianz was founded as a transport and accident insurance firm in 1890 by Carl von Thieme and Wilhelm von Finck, the founders of Munich Re. It took the company five years to expand into Europe and North America and subsequently list in Berlin. After World War I, individuals were confronted with the loss of wealth, life, and security and Allianz founded a life business in the 1920s. In the years after World War II, Allianz's foreign assets were seized, and it lost its foreign business. By relocating its head office from Berlin to Munich in 1948, Allianz began the long road of rebuilding its domestic business. It took 20 years for the company to reacquire its prior foreign interests, starting in Austria. It became the largest European insurer in the postwar boom era.
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