Central Reinsurance (TPE:2851) PS Ratio: 1.36 (As of Aug. 16, 2026) — 84% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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TPE:2851 Central Reinsurance Corp TPE:2851
76 GF Score
Price NT$38.75
GF Value NT$28.92
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Central Reinsurance PS Ratio?

Central Reinsurance TPE:2851 +2.38% 76 PS Ratio is 1.36 as of Aug. 16, 2026, which is 84% above its 10-year median of 0.74. GuruFocus rates TPE:2851 with a GF Score™ of 76/100 and a GF Value™ of NT$28.92 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 503 Insurance companies, Central Reinsurance ranks worse than 60.04% on this metric.

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. As of today, Central Reinsurance's share price is NT$38.75. Central Reinsurance's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was NT$28.51. Hence, Central Reinsurance's PS Ratio for today is 1.36.

Warning Sign:

Central Reinsurance Corp stock PS Ratio (=1.35) is close to 10-year high of 1.37.

The historical rank and industry rank for Central Reinsurance's PS Ratio or its related term are showing as below:

TPE:2851' s PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.74   Max: 1.37
Current: 1.36

During the past 13 years, Central Reinsurance's highest PS Ratio was 1.37. The lowest was 0.47. And the median was 0.74.

TPE:2851's PS Ratio is ranked worse than
60.04% of 503 companies
in the Insurance industry
Industry Median: 1.15 vs TPE:2851: 1.36

Central Reinsurance's Revenue per Sharefor the three months ended in Dec. 2025 was NT$8.64. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was NT$28.51.

Warning Sign:

Central Reinsurance Corp revenue per share has been in decline for the last 5 years.

During the past 3 years, the average Revenue per Share Growth Rate was -6.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was -2.50% per year. During the past 10 years, the average Revenue per Share Growth Rate was 3.20% per year.

During the past 13 years, Central Reinsurance's highest 3-Year average Revenue per Share Growth Rate was 12.30% per year. The lowest was -6.20% per year. And the median was 2.20% per year.

Back to Basics: PS Ratio


Central Reinsurance  (TPE:2851) 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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

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.


Central Reinsurance PS Ratio Related Terms


Central Reinsurance PS Ratio Historical Data

* Premium members only.

The historical data trend for Central Reinsurance's PS 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.

Central Reinsurance PS Ratio Chart

Central Reinsurance Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.49 0.84 0.90 0.92

Central Reinsurance Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 0.97 0.88 0.90 0.92

TPE:2851 vs RGA, EG, RNR: PS Ratio Comparison

For the Insurance - Reinsurance subindustry, Central Reinsurance'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.


Central Reinsurance PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Central Reinsurance's PS Ratio distribution charts can be found below:

* The bar in red indicates where Central Reinsurance's PS Ratio falls into.


TPE:2851
76GF Score
Central Reinsurance Corp TPE:2851
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Central Reinsurance 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.

Central Reinsurance's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=38.75/28.506
=1.36

Central Reinsurance's Share Price of today is NT$38.75.
Central Reinsurance's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$28.51.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 1.36 mean?
Central Reinsurance (TPE:2851) has a PS Ratio of 1.36 as of Aug. 16, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Central Reinsurance and its competitors. This is 84% above median its historical median of 0.74. Over the past decade, Central Reinsurance's PS Ratio has ranged from 0.47 to 1.37. According to the industry distribution chart, Central Reinsurance ranks #302 out of 503 companies in the Insurance industry, placing it in the top 60%.
Is Central Reinsurance's PS Ratio too high?
Central Reinsurance's current PS Ratio of 1.36 is 84% above median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.37. The Insurance industry median PS Ratio is 1.15. Central Reinsurance's value of 1.36 is 18.3% above this industry median. Based on the distribution chart, Central Reinsurance ranks #302 out of 503 companies in the Insurance industry, which is below the industry midpoint. Overall, Central Reinsurance has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Central Reinsurance's PS Ratio compare to RGA and EG?
According to the Insurance industry distribution chart, Central Reinsurance ranks #302 out of 503 companies for PS Ratio. This places Central Reinsurance in the lower half of its industry. The industry median PS Ratio is 1.15. Central Reinsurance's value of 1.36 is 18.3% above this benchmark. Historically, Central Reinsurance's own PS Ratio has ranged from 0.47 to 1.37 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 1.15, Central Reinsurance 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 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. Central Reinsurance's current PS Ratio of 1.36 is 18.3% 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 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 Central Reinsurance 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. Central Reinsurance's current PS Ratio is 1.36, which is 84% above median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Reinsurance stock overvalued right now?
Based on GuruFocus' analysis, Central Reinsurance (TPE:2851) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$28.92, compared to a current price of NT$38.75 — trading 34% above its estimated fair value. The current PS Ratio is 1.36, which is 84% above median its 10-year median of 0.74 and 18.3% above the Insurance industry median of 1.15. Central Reinsurance'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 PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Central Reinsurance (TPE:2851), the current PS Ratio is 1.36 as of Aug. 16, 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 Central Reinsurance (TPE:2851) Overvalued in 2026?

Based on GuruFocus' analysis, Central Reinsurance stock appears to be overvalued. The current stock price of NT$38.75 is trading 34% above its estimated GF Value™ of NT$28.92. GuruFocus considers Central Reinsurance to be Significantly Overvalued.

Key valuation signals for TPE:2851:

  • PS Ratio: 1.36 (84% above median its 10-year median of 0.74)
  • GF Value™: NT$28.92 vs. price of NT$38.75 (34% above fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 18.3% above the Insurance median (#302 of 503)

No single metric tells the full story. See the TPE:2851 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Central Reinsurance Business Description

Address Section 2, Nanjing East Road, 12th Floor, No. 53, Zhongshan District, Taipei, TWN, 10457
Central Reinsurance Corp is an insurance company providing a range of property and life inward and outward reinsurance services. Central Reinsurance offers reinsurance protection on non-life insurance businesses, including fire, marine and aviation, casualty, motor, engineering, and residential earthquake insurance; and life insurance business including life, personal accident, and health insurance. The main source of revenue for the company is premiums and commission income.
76GF Score

Get the complete analysis for TPE:2851

PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$38.75
Price
NT$28.92
GF Value