Protector Forsikring ASAHAM:PR4 +0.29%47 Pretax Margin % is 9.02% as of Mar. 2026, which is 51% below its 10-year median of 18.39. GuruFocus rates HAM:PR4 with a GF Score™ of 47/100 and a GF Value™ of €31.40 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 501 Insurance companies, Protector Forsikring ASA ranks better than 72.26% on this metric.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Protector Forsikring ASA Pretax Margin % Related Terms
Protector Forsikring ASA Pretax Margin % 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.
HAM:PR4 vs FNF, AXS, FAF: Pretax Margin % Comparison
For the Insurance - Specialty subindustry, Protector Forsikring ASA's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.
Protector Forsikring ASA Pretax Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, Protector Forsikring ASA's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Protector Forsikring ASA's Pretax Margin % falls into.
* 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.
Protector Forsikring ASA (HAM:PR4) has a Pretax Margin % of 9.02% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Protector Forsikring ASA and its competitors. This is 51% below median its historical median of 18.39. According to the industry distribution chart, Protector Forsikring ASA ranks #139 out of 501 companies in the Insurance industry, placing it in the top 27.7%.
Is Protector Forsikring ASA's Pretax Margin % too high?
Protector Forsikring ASA's current Pretax Margin % of 9.02% is 51% below median its 10-year median of 18.39. The Insurance industry median Pretax Margin % is 12.04. Protector Forsikring ASA's value of 9.02% is 25.1% below this industry median. Based on the distribution chart, Protector Forsikring ASA ranks #139 out of 501 companies in the Insurance industry, which is above the industry midpoint. Overall, Protector Forsikring ASA has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Protector Forsikring ASA's Pretax Margin % compare to FNF and AXS?
According to the Insurance industry distribution chart, Protector Forsikring ASA ranks #139 out of 501 companies for Pretax Margin %. This puts Protector Forsikring ASA in the upper half of its industry. The industry median Pretax Margin % is 12.04. Protector Forsikring ASA's value of 9.02% is 25.1% below this benchmark. While the company's 10-year median is 18.39 vs. the industry median of 12.04, Protector Forsikring ASA 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 Pretax Margin % for an Insurance company?
The median Pretax Margin % among Insurance companies is 12.04, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Protector Forsikring ASA's current Pretax Margin % of 9.02% is 25.1% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Protector Forsikring ASA and its competitors. For the Insurance industry, the median Pretax Margin % is 12.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Protector Forsikring ASA's current Pretax Margin % is 9.02%, which is 51% below median its own 10-year median of 18.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Protector Forsikring ASA stock overvalued right now?
Based on GuruFocus' analysis, Protector Forsikring ASA (HAM:PR4) is currently considered Significantly Overvalued. The stock's GF Value™ is €31.40, compared to a current price of €42.10 — trading 34.1% above its estimated fair value. The current Pretax Margin % is 9.02%, which is 51% below median its 10-year median of 18.39 and 25.1% below the Insurance industry median of 12.04. Protector Forsikring ASA's overall GF Score™ is 47/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Protector Forsikring ASA (HAM:PR4), the current Pretax Margin % is 9.02% as of Mar. 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 Protector Forsikring ASA (HAM:PR4) Overvalued in 2026?
Based on GuruFocus' analysis, Protector Forsikring ASA stock appears to be overvalued.
The current stock price of €42.10 is trading 34.1% above its estimated GF Value™ of €31.40.
GuruFocus considers Protector Forsikring ASA to be Significantly Overvalued.
Key valuation signals for HAM:PR4:
Pretax Margin %: 9.02% (51% below median its 10-year median of 18.39)
GF Value™: €31.40 vs. price of €42.10 (34.1% above fair value)
Industry Position: 25.1% below the Insurance median (#139 of 501)
No single metric tells the full story. See the HAM:PR4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Protector Forsikring ASA developer of a general P&C and employee benefits insurance provider designed to deliver cost and quality leadership in the insurance industry. The company offers standardized insurance products, all core systems insourced and developed in-house, enabling brokers and businesses across multiple countries to access competitive pricing and a value-based performance culture.
47GF Score
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