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IRB Brasil RessegurosBSP:IRBR3 -0.48%58 Return-on-Tangible-Equity is 7.20% as of Mar. 2026, which is 44% below its 10-year median of 12.94. GuruFocus rates BSP:IRBR3 with a GF Score™ of 58/100 and a GF Value™ of R$53.06 (Fairly Valued). The stock has 6 warning signs investors should review. Among 496 Insurance companies, IRB Brasil Resseguros ranks worse than 71.98% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. IRB Brasil Resseguros's annualized net income for the quarter that ended in Mar. 2026 was R$374.3 Mil. IRB Brasil Resseguros's average shareholder tangible equity for the quarter that ended in Mar. 2026 was R$5,198.0 Mil. Therefore, IRB Brasil Resseguros's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.20%.
The historical rank and industry rank for IRB Brasil Resseguros's Return-on-Tangible-Equity or its related term are showing as below:
BSP:IRBR3'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -35.92 Med: 12.94 Max: 32.57
Current: 6.82
During the past 12 years, IRB Brasil Resseguros's highest Return-on-Tangible-Equity was 32.57%. The lowest was -35.92%. And the median was 12.94%.
BSP:IRBR3's Return-on-Tangible-Equity is ranked worse than 71.98% of 496
companies
in the Insurance industry
Industry Median: 13.43
vs BSP:IRBR3: 6.82
IRB Brasil Resseguros (BSP:IRBR3) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
IRB Brasil Resseguros Return-on-Tangible-Equity Related Terms
IRB Brasil Resseguros Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for IRB Brasil Resseguros's Return-on-Tangible-Equity 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.
IRB Brasil Resseguros Return-on-Tangible-Equity Chart
BSP:IRBR3 vs RGA, EG, RNR: Return-on-Tangible-Equity Comparison
For the Insurance - Reinsurance subindustry, IRB Brasil Resseguros's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
IRB Brasil Resseguros Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, IRB Brasil Resseguros's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where IRB Brasil Resseguros's Return-on-Tangible-Equity 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 7.20% mean?
IRB Brasil Resseguros (BSP:IRBR3) has a Return-on-Tangible-Equity of 7.20% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on IRB Brasil Resseguros and its competitors. This is 44% below median its historical median of 12.94. According to the industry distribution chart, IRB Brasil Resseguros ranks #357 out of 496 companies in the Insurance industry, placing it in the top 72%.
Is IRB Brasil Resseguros' Return-on-Tangible-Equity too high?
IRB Brasil Resseguros' current Return-on-Tangible-Equity of 7.20% is 44% below median its 10-year median of 12.94. The Insurance industry median Return-on-Tangible-Equity is 13.43. IRB Brasil Resseguros' value of 7.20% is 46.4% below this industry median. Based on the distribution chart, IRB Brasil Resseguros ranks #357 out of 496 companies in the Insurance industry, which is below the industry midpoint. Overall, IRB Brasil Resseguros has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IRB Brasil Resseguros' Return-on-Tangible-Equity compare to RGA and EG?
According to the Insurance industry distribution chart, IRB Brasil Resseguros ranks #357 out of 496 companies for Return-on-Tangible-Equity. This places IRB Brasil Resseguros in the lower half of its industry. The industry median Return-on-Tangible-Equity is 13.43. IRB Brasil Resseguros' value of 7.20% is 46.4% below this benchmark. While the company's 10-year median is 12.94 vs. the industry median of 13.43, IRB Brasil Resseguros 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 Return-on-Tangible-Equity for an Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.43, based on 496 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IRB Brasil Resseguros's current Return-on-Tangible-Equity of 7.20% is 46.4% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on IRB Brasil Resseguros and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRB Brasil Resseguros's current Return-on-Tangible-Equity is 7.20%, which is 44% below median its own 10-year median of 12.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRB Brasil Resseguros stock overvalued right now?
Based on GuruFocus' analysis, IRB Brasil Resseguros (BSP:IRBR3) is currently considered Fairly Valued. The stock's GF Value™ is R$53.06, compared to a current price of R$53.84 — trading 1.5% above its estimated fair value. The current Return-on-Tangible-Equity is 7.20%, which is 44% below median its 10-year median of 12.94 and 46.4% below the Insurance industry median of 13.43. IRB Brasil Resseguros' overall GF Score™ is 58/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For IRB Brasil Resseguros (BSP:IRBR3), the current Return-on-Tangible-Equity is 7.20% 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 IRB Brasil Resseguros (BSP:IRBR3) Overvalued in 2026?
Based on GuruFocus' analysis, IRB Brasil Resseguros stock appears to be overvalued.
The current stock price of R$53.84 is trading 1.5% above its estimated GF Value™ of R$53.06.
GuruFocus considers IRB Brasil Resseguros to be Fairly Valued.
Key valuation signals for BSP:IRBR3:
Return-on-Tangible-Equity: 7.20% (44% below median its 10-year median of 12.94)
GF Value™: R$53.06 vs. price of R$53.84 (1.5% above fair value)
Industry Position: 46.4% below the Insurance median (#357 of 496)
No single metric tells the full story. See the BSP:IRBR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IRB Brasil Resseguros SA is a Brazil-based company that provides reinsurance solutions. It offers reinsurance solutions for aviation, engineering, surety, financial, oil and gas, property, casualty, agricultural, cargo and marine, life and pension, and miscellaneous. Its business segments are Brazil, Abroad, and Other.
58GF Score
Get the complete analysis for BSP:IRBR3
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