Protector Forsikring ASAFRA:PR4 +0.19%67 ROE % is 8.30% as of Mar. 2026, which is 75% below its 10-year median of 33.45. GuruFocus rates FRA:PR4 with a GF Score™ of 67/100 and a GF Value™ of €31.41 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 502 Insurance companies, Protector Forsikring ASA ranks better than 92.23% on this metric.
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.
* 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 - Specialty subindustry, Protector Forsikring ASA'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.
Protector Forsikring ASA ROE % vs Insurance Industry
For the Insurance industry and Financial Services sector, Protector Forsikring ASA's ROE % distribution charts can be found below:
* The bar in red indicates where Protector Forsikring ASA'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.
Protector Forsikring ASA (FRA:PR4) has a ROE % of 8.30% 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 Protector Forsikring ASA and its competitors. This is 75% below median its historical median of 33.45. According to the industry distribution chart, Protector Forsikring ASA ranks #39 out of 502 companies in the Insurance industry, placing it in the top 7.8%.
Is Protector Forsikring ASA's ROE % too high?
Protector Forsikring ASA's current ROE % of 8.30% is 75% below median its 10-year median of 33.45. The Insurance industry median ROE % is 11.73. Protector Forsikring ASA's value of 8.30% is 29.2% below this industry median. Based on the distribution chart, Protector Forsikring ASA ranks #39 out of 502 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Protector Forsikring ASA has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Protector Forsikring ASA's ROE % compare to FNF and AXS?
According to the Insurance industry distribution chart, Protector Forsikring ASA ranks #39 out of 502 companies for ROE %. This places Protector Forsikring ASA in the top 8% of its industry — outperforming the majority of peers. The industry median ROE % is 11.73. Protector Forsikring ASA's value of 8.30% is 29.2% below this benchmark. While the company's 10-year median is 33.45 vs. the industry median of 11.73, Protector Forsikring ASA 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 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. Protector Forsikring ASA's current ROE % of 8.30% is 29.2% 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 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 Protector Forsikring ASA 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. Protector Forsikring ASA's current ROE % is 8.30%, which is 75% below median its own 10-year median of 33.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Protector Forsikring ASA stock overvalued right now?
Based on GuruFocus' analysis, Protector Forsikring ASA (FRA:PR4) is currently considered Significantly Overvalued. The stock's GF Value™ is €31.41, compared to a current price of €42.20 — trading 34.4% above its estimated fair value. The current ROE % is 8.30%, which is 75% below median its 10-year median of 33.45 and 29.2% below the Insurance industry median of 11.73. Protector Forsikring ASA's overall GF Score™ is 67/100 with 3 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 Protector Forsikring ASA (FRA:PR4), the current ROE % is 8.30% 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 Protector Forsikring ASA (FRA:PR4) Overvalued in 2026?
Based on GuruFocus' analysis, Protector Forsikring ASA stock appears to be overvalued.
The current stock price of €42.20 is trading 34.4% above its estimated GF Value™ of €31.41.
GuruFocus considers Protector Forsikring ASA to be Significantly Overvalued.
Key valuation signals for FRA:PR4:
ROE %: 8.30% (75% below median its 10-year median of 33.45)
GF Value™: €31.41 vs. price of €42.20 (34.4% above fair value)
Industry Position: 29.2% below the Insurance median (#39 of 502)
No single metric tells the full story. See the FRA:PR4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Protector Forsikring ASA developer of a general P&C and employee benefits insurance provider designed to deliver cost and quality leadership in the insurance industry. The company offers standardized insurance products, all core systems insourced and developed in-house, enabling brokers and businesses across multiple countries to access competitive pricing and a value-based performance culture.
67GF Score
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