Tokio Marine HoldingsMEX:8766N 52 ROE % is 15.85% as of Dec. 2025, which is 80% above its 10-year median of 8.82. GuruFocus rates MEX:8766N with a GF Score™ of 52/100 and a GF Value™ of MXN661.31 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 504 Insurance companies, Tokio Marine Holdings ranks better than 75.6% on this metric.
The historical rank and industry rank for Tokio Marine Holdings's ROE % or its related term are showing as below:
MEX:8766N'
s ROE % Range Over the Past 10 Years
Min: 4.6 Med: 8.82 Max: 20.58
Current: 19.01
During the past 13 years, Tokio Marine Holdings's highest ROE % was 20.58%. The lowest was 4.60%. And the median was 8.82%.
MEX:8766N's ROE % is ranked better than 75.6% of 504
companies
in the Insurance industry
Industry Median: 11.675
vs MEX:8766N: 19.01
Tokio Marine Holdings (MEX:8766N) 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 (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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 - Property & Casualty subindustry, Tokio Marine Holdings'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.
Tokio Marine Holdings ROE % vs Insurance Industry
For the Insurance industry and Financial Services sector, Tokio Marine Holdings's ROE % distribution charts can be found below:
* The bar in red indicates where Tokio Marine Holdings'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 (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Tokio Marine Holdings (MEX:8766N) has a ROE % of 15.85% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tokio Marine Holdings and its competitors. This is 80% above median its historical median of 8.82. Over the past decade, Tokio Marine Holdings' ROE % has ranged from 4.60 to 20.58. According to the industry distribution chart, Tokio Marine Holdings ranks #123 out of 504 companies in the Insurance industry, placing it in the top 24.4%.
Is Tokio Marine Holdings' ROE % too high?
Tokio Marine Holdings' current ROE % of 15.85% is 80% above median its 10-year median of 8.82. Over the past 10 years, this metric has ranged from a low of 4.60 to a high of 20.58. The Insurance industry median ROE % is 11.68. Tokio Marine Holdings' value of 15.85% is 35.8% above this industry median. Based on the distribution chart, Tokio Marine Holdings ranks #123 out of 504 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Tokio Marine Holdings has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokio Marine Holdings' ROE % compare to CB and PGR?
According to the Insurance industry distribution chart, Tokio Marine Holdings ranks #123 out of 504 companies for ROE %. This places Tokio Marine Holdings in the top 24% of its industry — outperforming the majority of peers. The industry median ROE % is 11.68. Tokio Marine Holdings' value of 15.85% is 35.8% above this benchmark. Historically, Tokio Marine Holdings' own ROE % has ranged from 4.60 to 20.58 over the past decade. While the company's 10-year median is 8.82 vs. the industry median of 11.68, Tokio Marine Holdings 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 11.68, based on 504 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. Tokio Marine Holdings's current ROE % of 15.85% is 35.8% 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 Tokio Marine Holdings and its competitors. For the Insurance industry, the median ROE % is 11.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokio Marine Holdings's current ROE % is 15.85%, which is 80% above median its own 10-year median of 8.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokio Marine Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tokio Marine Holdings (MEX:8766N) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN661.31, compared to a current price of MXN806.49 — trading 22% above its estimated fair value. The current ROE % is 15.85%, which is 80% above median its 10-year median of 8.82 and 35.8% above the Insurance industry median of 11.68. Tokio Marine Holdings' overall GF Score™ is 52/100 with 5 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 Tokio Marine Holdings (MEX:8766N), the current ROE % is 15.85% as of Dec. 2025. 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 Tokio Marine Holdings (MEX:8766N) Overvalued in 2026?
Based on GuruFocus' analysis, Tokio Marine Holdings stock appears to be overvalued.
The current stock price of MXN806.49 is trading 22% above its estimated GF Value™ of MXN661.31.
GuruFocus considers Tokio Marine Holdings to be Modestly Overvalued.
Key valuation signals for MEX:8766N:
ROE %: 15.85% (80% above median its 10-year median of 8.82)
GF Value™: MXN661.31 vs. price of MXN806.49 (22% above fair value)
Industry Position: 35.8% above the Insurance median (#123 of 504)
No single metric tells the full story. See the MEX:8766N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dating back to 1879, Tokio Marine is the oldest insurance company in Japan and operated as its top property and casualty insurer for decades. Following industry consolidation, it now shares domestic dominance with MS and AD and Sompo. However, Tokio Marine remains by far the most valuable listed Japanese insurer by market capitalization. This premium valuation is driven by an aggressive unwinding of domestic cross-shareholdings and a highly profitable overseas portfolio. The majority of its international business is based in the United States, where it has acquired premium specialty insurers since 2008, including Philadelphia Consolidated, Delphi Financial, Tokio Marine HCC, and Privilege Underwriters Reciprocal Exchange, recently fortified by a capital alliance with Berkshire Hathaway.
52GF Score
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