National Reinsurance of the Philippines (PHS:NRCP) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
National Reinsurance of the Philippines PS Ratio Related Terms
National Reinsurance of the Philippines PS 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.
National Reinsurance of the Philippines PS Ratio Chart
National Reinsurance of the Philippines Annual Data
For the Insurance - Reinsurance subindustry, National Reinsurance of the Philippines's PS Ratio, along with its competitors' market caps and PS 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.
National Reinsurance of the Philippines PS Ratio vs Insurance Industry
National Reinsurance of the Philippines PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
National Reinsurance of the Philippines's Share Price of today is ₱0.94. National Reinsurance of the Philippines's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱2.30.
* 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:
National Reinsurance of the Philippines (PHS:NRCP) has a PS Ratio of 0.41 as of Jul. 12, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on National Reinsurance of the Philippines and its competitors. This is near median its historical median of 0.42. Over the past decade, National Reinsurance of the Philippines' PS Ratio has ranged from 0.16 to 1.44. According to the industry distribution chart, National Reinsurance of the Philippines ranks #64 out of 503 companies in the Insurance industry, placing it in the top 12.7%.
Is National Reinsurance of the Philippines' PS Ratio too high?
National Reinsurance of the Philippines' current PS Ratio of 0.41 is near median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.44. The Insurance industry median PS Ratio is 1.15. National Reinsurance of the Philippines' value of 0.41 is 64.3% below this industry median. Based on the distribution chart, National Reinsurance of the Philippines ranks #64 out of 503 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, National Reinsurance of the Philippines has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Reinsurance of the Philippines' PS Ratio compare to RGA and EG?
According to the Insurance industry distribution chart, National Reinsurance of the Philippines ranks #64 out of 503 companies for PS Ratio. This places National Reinsurance of the Philippines in the top 13% of its industry — outperforming the majority of peers. The industry median PS Ratio is 1.15. National Reinsurance of the Philippines' value of 0.41 is 64.3% below this benchmark. Historically, National Reinsurance of the Philippines' own PS Ratio has ranged from 0.16 to 1.44 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 1.15, National Reinsurance of the Philippines 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 PS Ratio for an Insurance company?
The median PS Ratio among Insurance companies is 1.15, based on 503 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Reinsurance of the Philippines's current PS Ratio of 0.41 is 64.3% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on National Reinsurance of the Philippines and its competitors. For the Insurance industry, the median PS Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Reinsurance of the Philippines's current PS Ratio is 0.41, which is near median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Reinsurance of the Philippines stock overvalued right now?
Based on GuruFocus' analysis, National Reinsurance of the Philippines (PHS:NRCP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱0.61, compared to a current price of ₱0.94 — trading 54.1% above its estimated fair value. The current PS Ratio is 0.41, which is near median its 10-year median of 0.42 and 64.3% below the Insurance industry median of 1.15. National Reinsurance of the Philippines' overall GF Score™ is 43/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For National Reinsurance of the Philippines (PHS:NRCP), the current PS Ratio is 0.41 as of Jul. 12, 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 National Reinsurance of the Philippines (PHS:NRCP) Overvalued in 2026?
Based on GuruFocus' analysis, National Reinsurance of the Philippines stock appears to be overvalued.
The current stock price of ₱0.94 is trading 54.1% above its estimated GF Value™ of ₱0.61.
GuruFocus considers National Reinsurance of the Philippines to be Significantly Overvalued.
Key valuation signals for PHS:NRCP:
PS Ratio: 0.41 (near median its 10-year median of 0.42)
GF Value™: ₱0.61 vs. price of ₱0.94 (54.1% above fair value)
Industry Position: 64.3% below the Insurance median (#64 of 503)
No single metric tells the full story. See the PHS:NRCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Reinsurance of the Philippines Business Description
National Reinsurance Corp of the Philippines engages in the provision of reinsurance products and services. It operates through the following businesses: life and non-life. The Life Business includes proportional insurance for individual, ordinary, and group businesses, as well as non-proportional insurance for catastrophe, an excess of loss, and stop loss. Non-Life Business provides insurance on fire, aviation, marine and aviation, casualty, motor, and others.
43GF Score
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