Porto SeguroBSP:PSSA3 +0.36%74 ROE % is 29.01% as of Mar. 2026, which is 69% above its 10-year median of 17.20. GuruFocus rates BSP:PSSA3 with a GF Score™ of 74/100 and a GF Value™ of R$45.14 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 502 Insurance companies, Porto Seguro ranks better than 86.85% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Porto Seguro's annualized net income for the quarter that ended in Mar. 2026 was R$4,536 Mil. Porto Seguro's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was R$15,639 Mil. Therefore, Porto Seguro's annualized ROE % for the quarter that ended in Mar. 2026 was 29.01%.
The historical rank and industry rank for Porto Seguro's ROE % or its related term are showing as below:
BSP:PSSA3'
s ROE % Range Over the Past 10 Years
Min: 11.47 Med: 17.2 Max: 24.71
Current: 24.71
During the past 13 years, Porto Seguro's highest ROE % was 24.71%. The lowest was 11.47%. And the median was 17.20%.
BSP:PSSA3's ROE % is ranked better than 86.85% of 502
companies
in the Insurance industry
Industry Median: 11.73
vs BSP:PSSA3: 24.71
Porto Seguro (BSP:PSSA3) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
Porto Seguro ROE % Related Terms
Porto Seguro ROE % Historical Data
* Premium members only.
The historical data trend for Porto Seguro's ROE % 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.
For the Insurance - Diversified subindustry, Porto Seguro's ROE %, along with its competitors' market caps and ROE % 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.
Porto Seguro ROE % vs Insurance Industry
For the Insurance industry and Financial Services sector, Porto Seguro's ROE % distribution charts can be found below:
* The bar in red indicates where Porto Seguro's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder 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.
ROE % is displayed in the 30-year financial page.
Porto Seguro (BSP:PSSA3) has a ROE % of 29.01% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Porto Seguro and its competitors. This is 69% above median its historical median of 17.20. Over the past decade, Porto Seguro's ROE % has ranged from 11.47 to 24.71. According to the industry distribution chart, Porto Seguro ranks #66 out of 502 companies in the Insurance industry, placing it in the top 13.1%.
Is Porto Seguro's ROE % too high?
Porto Seguro's current ROE % of 29.01% is 69% above median its 10-year median of 17.20. Over the past 10 years, this metric has ranged from a low of 11.47 to a high of 24.71. The Insurance industry median ROE % is 11.73. Porto Seguro's value of 29.01% is 147.3% above this industry median. Based on the distribution chart, Porto Seguro ranks #66 out of 502 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Porto Seguro has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Porto Seguro's ROE % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Porto Seguro ranks #66 out of 502 companies for ROE %. This places Porto Seguro in the top 13% of its industry — outperforming the majority of peers. The industry median ROE % is 11.73. Porto Seguro's value of 29.01% is 147.3% above this benchmark. Historically, Porto Seguro's own ROE % has ranged from 11.47 to 24.71 over the past decade. While the company's 10-year median is 17.20 vs. the industry median of 11.73, Porto Seguro 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 ROE % for an Insurance company?
The median ROE % among Insurance companies is 11.73, based on 502 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Porto Seguro's current ROE % of 29.01% is 147.3% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Porto Seguro and its competitors. For the Insurance industry, the median ROE % is 11.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Porto Seguro's current ROE % is 29.01%, which is 69% above median its own 10-year median of 17.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Porto Seguro stock overvalued right now?
Based on GuruFocus' analysis, Porto Seguro (BSP:PSSA3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$45.14, compared to a current price of R$52.38 — trading 16% above its estimated fair value. The current ROE % is 29.01%, which is 69% above median its 10-year median of 17.20 and 147.3% above the Insurance industry median of 11.73. Porto Seguro's overall GF Score™ is 74/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Porto Seguro (BSP:PSSA3), the current ROE % is 29.01% 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 Porto Seguro (BSP:PSSA3) Overvalued in 2026?
Based on GuruFocus' analysis, Porto Seguro stock appears to be overvalued.
The current stock price of R$52.38 is trading 16% above its estimated GF Value™ of R$45.14.
GuruFocus considers Porto Seguro to be Modestly Overvalued.
Key valuation signals for BSP:PSSA3:
ROE %: 29.01% (69% above median its 10-year median of 17.20)
GF Value™: R$45.14 vs. price of R$52.38 (16% above fair value)
Industry Position: 147.3% above the Insurance median (#66 of 502)
No single metric tells the full story. See the BSP:PSSA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Porto Seguro SA is one of Brazil's diversified insurance companies that cover vehicles and residential homes. The company operates in many verticals like Insurance, bank, services and other business activities. The company provides a wide range of services including risk underwriting analysis, bike assistance, and surveillance. The company aims to provide products that meet several market needs through the following brands: Porto Seguro, Itau Auto e Residencia, and Azul Seguros and many others.
74GF Score
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