XSWX:MUV2's PB Ratio is ranked worse than 62.93% of 499
companies
in the Insurance industry
Industry Median: 1.39
vs XSWX:MUV2: 1.79
During the past 12 months, Munchener Ruckversicherungs-Gesellschaft AG's average Book Value Per Share Growth Rate was 6.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Munchener Ruckversicherungs-Gesellschaft AG was 11.50% per year. The lowest was -2.90% per year. And the median was 4.90% per year.
Back to Basics: PB Ratio
Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2) 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.
Munchener Ruckversicherungs-Gesellschaft AG PB Ratio Related Terms
Munchener Ruckversicherungs-Gesellschaft AG 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.
Munchener Ruckversicherungs-Gesellschaft AG PB Ratio Chart
Munchener Ruckversicherungs-Gesellschaft AG Annual Data
For the Insurance - Reinsurance subindustry, Munchener Ruckversicherungs-Gesellschaft AG'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.
Munchener Ruckversicherungs-Gesellschaft AG PB Ratio vs Insurance Industry
Munchener Ruckversicherungs-Gesellschaft AG 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.
Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2) has a PB Ratio of 1.79 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Munchener Ruckversicherungs-Gesellschaft AG and its competitors. This is 54% above median its historical median of 1.16. Over the past decade, Munchener Ruckversicherungs-Gesellschaft AG's PB Ratio has ranged from 0.73 to 2.43. According to the industry distribution chart, Munchener Ruckversicherungs-Gesellschaft AG ranks #314 out of 499 companies in the Insurance industry, placing it in the top 62.9%.
Is Munchener Ruckversicherungs-Gesellschaft AG's PB Ratio too high?
Munchener Ruckversicherungs-Gesellschaft AG's current PB Ratio of 1.79 is 54% above median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 2.43. The Insurance industry median PB Ratio is 1.39. Munchener Ruckversicherungs-Gesellschaft AG's value of 1.79 is 28.8% above this industry median. Based on the distribution chart, Munchener Ruckversicherungs-Gesellschaft AG ranks #314 out of 499 companies in the Insurance industry, which is below the industry midpoint. Overall, Munchener Ruckversicherungs-Gesellschaft AG has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Munchener Ruckversicherungs-Gesellschaft AG's PB Ratio compare to RGA and EG?
According to the Insurance industry distribution chart, Munchener Ruckversicherungs-Gesellschaft AG ranks #314 out of 499 companies for PB Ratio. This places Munchener Ruckversicherungs-Gesellschaft AG in the lower half of its industry. The industry median PB Ratio is 1.39. Munchener Ruckversicherungs-Gesellschaft AG's value of 1.79 is 28.8% above this benchmark. Historically, Munchener Ruckversicherungs-Gesellschaft AG's own PB Ratio has ranged from 0.73 to 2.43 over the past decade. While the company's 10-year median is 1.16 vs. the industry median of 1.39, Munchener Ruckversicherungs-Gesellschaft AG 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 1.39, based on 499 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. Munchener Ruckversicherungs-Gesellschaft AG's current PB Ratio of 1.79 is 28.8% 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 Munchener Ruckversicherungs-Gesellschaft AG and its competitors. For the Insurance industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Munchener Ruckversicherungs-Gesellschaft AG's current PB Ratio is 1.79, which is 54% above median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munchener Ruckversicherungs-Gesellschaft AG stock overvalued right now?
Based on GuruFocus' analysis, Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF513.84, compared to a current price of CHF438.60 — trading 14.6% below its estimated fair value. The current PB Ratio is 1.79, which is 54% above median its 10-year median of 1.16 and 28.8% above the Insurance industry median of 1.39. Munchener Ruckversicherungs-Gesellschaft AG's overall GF Score™ is 84/100 with 1 warning sign 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 Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2), the current PB Ratio is 1.79 as of Jun. 24, 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 Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2) Overvalued in 2026?
Based on GuruFocus' analysis, Munchener Ruckversicherungs-Gesellschaft AG stock appears to be undervalued.
The current stock price of CHF438.60 is trading 14.6% below its estimated GF Value™ of CHF513.84.
GuruFocus considers Munchener Ruckversicherungs-Gesellschaft AG to be Modestly Undervalued.
Key valuation signals for XSWX:MUV2:
PB Ratio: 1.79 (54% above median its 10-year median of 1.16)
GF Value™: CHF513.84 vs. price of CHF438.60 (14.6% below fair value)
Industry Position: 28.8% above the Insurance median (#314 of 499)
No single metric tells the full story. See the XSWX:MUV2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Munchener Ruckversicherungs-Gesellschaft AG Business Description
Munich Re was founded in 1880 by Carl Thieme amid a flurry of other reinsurance companies set up independent of primaries. In those early days, most reinsurers typically focused on a few strong customers. Thieme focused on a broader set of cedents to drive stronger growth in premiums. This coincided with a strategy of risk diversification and a preference to partner rather than take on a one-sided transfer of risk. In the 1890s, Munich Re introduced the first machinery insurance. After Thieme and Wilhelm von Fink founded Allianz, this was the main channel to sell machinery insurance. We believe the approach of partnering with insurers and preferring to avoid one-sided risk, in conjunction with combining inspection and insurance services, remains at the heart of the firm.
84GF Score
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