Zurich Insurance Group AG stock PB Ratio (=3.61) is close to 10-year high of 3.89.
The historical rank and industry rank for Zurich Insurance Group AG's PB Ratio or its related term are showing as below:
XSWX:ZURN'
s PB Ratio Range Over the Past 10 Years
Min: 1.09 Med: 1.76 Max: 3.89
Current: 3.66
During the past 13 years, Zurich Insurance Group AG's highest PB Ratio was 3.89. The lowest was 1.09. And the median was 1.76.
XSWX:ZURN's PB Ratio is ranked worse than 87.93% of 497
companies
in the Insurance industry
Industry Median: 1.38
vs XSWX:ZURN: 3.66
During the past 12 months, Zurich Insurance Group AG's average Book Value Per Share Growth Rate was 0.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -6.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -3.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Zurich Insurance Group AG was 16.00% per year. The lowest was -27.30% per year. And the median was -1.10% per year.
Back to Basics: PB Ratio
Zurich Insurance Group AG (XSWX:ZURN) 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.
Zurich Insurance Group AG PB Ratio Related Terms
Zurich Insurance Group 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.
For the Insurance - Diversified subindustry, Zurich Insurance Group 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.
Zurich Insurance Group AG PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Zurich Insurance Group AG's PB Ratio distribution charts can be found below:
* The bar in red indicates where Zurich Insurance Group AG'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.
* 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.
Zurich Insurance Group AG (XSWX:ZURN) has a PB Ratio of 3.66 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 Zurich Insurance Group AG and its competitors. This is 108% above median its historical median of 1.76. Over the past decade, Zurich Insurance Group AG's PB Ratio has ranged from 1.09 to 3.89. According to the industry distribution chart, Zurich Insurance Group AG ranks #437 out of 497 companies in the Insurance industry, placing it in the top 87.9%.
Is Zurich Insurance Group AG's PB Ratio too high?
Zurich Insurance Group AG's current PB Ratio of 3.66 is 108% above median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 3.89. The Insurance industry median PB Ratio is 1.38. Zurich Insurance Group AG's value of 3.66 is 165.2% above this industry median. Based on the distribution chart, Zurich Insurance Group AG ranks #437 out of 497 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Zurich Insurance Group AG has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zurich Insurance Group AG's PB Ratio compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Zurich Insurance Group AG ranks #437 out of 497 companies for PB Ratio. This places Zurich Insurance Group AG in the lower half of its industry. The industry median PB Ratio is 1.38. Zurich Insurance Group AG's value of 3.66 is 165.2% above this benchmark. Historically, Zurich Insurance Group AG's own PB Ratio has ranged from 1.09 to 3.89 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 1.38, Zurich Insurance Group 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 1.38, 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. Zurich Insurance Group AG's current PB Ratio of 3.66 is 165.2% 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 Zurich Insurance Group AG 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. Zurich Insurance Group AG's current PB Ratio is 3.66, which is 108% above median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zurich Insurance Group AG stock overvalued right now?
Based on GuruFocus' analysis, Zurich Insurance Group AG (XSWX:ZURN) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF466.82, compared to a current price of CHF585.20 — trading 25.4% above its estimated fair value. The current PB Ratio is 3.66, which is 108% above median its 10-year median of 1.76 and 165.2% above the Insurance industry median of 1.38. Zurich Insurance Group AG's overall GF Score™ is 76/100 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 Zurich Insurance Group AG (XSWX:ZURN), the current PB Ratio is 3.66 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 Zurich Insurance Group AG (XSWX:ZURN) Overvalued in 2026?
Based on GuruFocus' analysis, Zurich Insurance Group AG stock appears to be overvalued.
The current stock price of CHF585.20 is trading 25.4% above its estimated GF Value™ of CHF466.82.
GuruFocus considers Zurich Insurance Group AG to be Modestly Overvalued.
Key valuation signals for XSWX:ZURN:
PB Ratio: 3.66 (108% above median its 10-year median of 1.76)
GF Value™: CHF466.82 vs. price of CHF585.20 (25.4% above fair value)
Industry Position: 165.2% above the Insurance median (#437 of 497)
No single metric tells the full story. See the XSWX:ZURN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zurich is a multiline insurer that writes business across both life and nonlife insurance and also owns Farmers Management Services. Zurich was founded in 1872 as a marine reinsurer to provide reinsurance to its parent company. The company subsequently expanded into transport and accident insurance and rode the wave of transport technology innovation that drove rising demand for insurance. One of Zurich's early principles was that setting prices too low would result in unfair claims handling, which would be damaging to both customers and Zurich. Over the years, Zurich has sought to combine customer goodwill through claims and a sufficient premium. Zurich is one of the most successful European multilines.
76GF Score
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