PHS:NRCP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.56 Med: 2.73 Max: 11.43
Current: 10.9
During the past 13 years, National Reinsurance of the Philippines's highest Return-on-Tangible-Equity was 11.43%. The lowest was 0.56%. And the median was 2.73%.
PHS:NRCP's Return-on-Tangible-Equity is ranked worse than 58.72% of 499
companies
in the Insurance industry
Industry Median: 13.32
vs PHS:NRCP: 10.90
National Reinsurance of the Philippines (PHS:NRCP) 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.
National Reinsurance of the Philippines Return-on-Tangible-Equity Related Terms
National Reinsurance of the Philippines Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart
National Reinsurance of the Philippines Annual Data
PHS:NRCP vs RGA, EG, RNR: Return-on-Tangible-Equity Comparison
For the Insurance - Reinsurance subindustry, National Reinsurance of the Philippines'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.
National Reinsurance of the Philippines Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, National Reinsurance of the Philippines's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where National Reinsurance of the Philippines'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 8.99% mean?
National Reinsurance of the Philippines (PHS:NRCP) has a Return-on-Tangible-Equity of 8.99% 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 National Reinsurance of the Philippines and its competitors. This is 229% above median its historical median of 2.73. Over the past decade, National Reinsurance of the Philippines' Return-on-Tangible-Equity has ranged from 0.56 to 11.43. According to the industry distribution chart, National Reinsurance of the Philippines ranks #293 out of 499 companies in the Insurance industry, placing it in the top 58.7%.
Is National Reinsurance of the Philippines' Return-on-Tangible-Equity too high?
National Reinsurance of the Philippines' current Return-on-Tangible-Equity of 8.99% is 229% above median its 10-year median of 2.73. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 11.43. The Insurance industry median Return-on-Tangible-Equity is 13.32. National Reinsurance of the Philippines' value of 8.99% is 32.5% below this industry median. Based on the distribution chart, National Reinsurance of the Philippines ranks #293 out of 499 companies in the Insurance industry, which is below the industry midpoint. 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' Return-on-Tangible-Equity compare to RGA and EG?
According to the Insurance industry distribution chart, National Reinsurance of the Philippines ranks #293 out of 499 companies for Return-on-Tangible-Equity. This places National Reinsurance of the Philippines in the lower half of its industry. The industry median Return-on-Tangible-Equity is 13.32. National Reinsurance of the Philippines' value of 8.99% is 32.5% below this benchmark. Historically, National Reinsurance of the Philippines' own Return-on-Tangible-Equity has ranged from 0.56 to 11.43 over the past decade. While the company's 10-year median is 2.73 vs. the industry median of 13.32, 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 Return-on-Tangible-Equity for an Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.32, based on 499 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. National Reinsurance of the Philippines's current Return-on-Tangible-Equity of 8.99% is 32.5% 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 National Reinsurance of the Philippines and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Reinsurance of the Philippines's current Return-on-Tangible-Equity is 8.99%, which is 229% above median its own 10-year median of 2.73. 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 Return-on-Tangible-Equity is 8.99%, which is 229% above median its 10-year median of 2.73 and 32.5% below the Insurance industry median of 13.32. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For National Reinsurance of the Philippines (PHS:NRCP), the current Return-on-Tangible-Equity is 8.99% 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 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:
Return-on-Tangible-Equity: 8.99% (229% above median its 10-year median of 2.73)
GF Value™: ₱0.61 vs. price of ₱0.94 (54.1% above fair value)
Industry Position: 32.5% below the Insurance median (#293 of 499)
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
Get the complete analysis for PHS:NRCP
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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