PHS:NRCP's ROE % is ranked worse than 54.37% of 504
companies
in the Insurance industry
Industry Median: 11.675
vs PHS:NRCP: 10.82
National Reinsurance of the Philippines (PHS:NRCP) 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.
National Reinsurance of the Philippines ROE % Related Terms
National Reinsurance of the Philippines ROE % 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 ROE % Chart
National Reinsurance of the Philippines Annual Data
For the Insurance - Reinsurance subindustry, National Reinsurance of the Philippines'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.
National Reinsurance of the Philippines ROE % vs Insurance Industry
* 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.
National Reinsurance of the Philippines (PHS:NRCP) has a ROE % of 8.92% 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 National Reinsurance of the Philippines and its competitors. This is 228% above median its historical median of 2.72. Over the past decade, National Reinsurance of the Philippines' ROE % has ranged from 0.56 to 11.36. According to the industry distribution chart, National Reinsurance of the Philippines ranks #274 out of 504 companies in the Insurance industry, placing it in the top 54.4%.
Is National Reinsurance of the Philippines' ROE % too high?
National Reinsurance of the Philippines' current ROE % of 8.92% is 228% above median its 10-year median of 2.72. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 11.36. The Insurance industry median ROE % is 11.68. National Reinsurance of the Philippines' value of 8.92% is 23.6% below this industry median. Based on the distribution chart, National Reinsurance of the Philippines ranks #274 out of 504 companies in the Insurance industry, which is below the industry midpoint. Overall, National Reinsurance of the Philippines has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Reinsurance of the Philippines' ROE % compare to RGA and EG?
According to the Insurance industry distribution chart, National Reinsurance of the Philippines ranks #274 out of 504 companies for ROE %. This places National Reinsurance of the Philippines in the lower half of its industry. The industry median ROE % is 11.68. National Reinsurance of the Philippines' value of 8.92% is 23.6% below this benchmark. Historically, National Reinsurance of the Philippines' own ROE % has ranged from 0.56 to 11.36 over the past decade. While the company's 10-year median is 2.72 vs. the industry median of 11.68, 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 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. National Reinsurance of the Philippines's current ROE % of 8.92% is 23.6% 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 National Reinsurance of the Philippines 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. National Reinsurance of the Philippines's current ROE % is 8.92%, which is 228% above median its own 10-year median of 2.72. 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 ₱0.60, compared to a current price of ₱0.86 — trading 43.3% above its estimated fair value. The current ROE % is 8.92%, which is 228% above median its 10-year median of 2.72 and 23.6% below the Insurance industry median of 11.68. National Reinsurance of the Philippines' overall GF Score™ is 50/100 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 National Reinsurance of the Philippines (PHS:NRCP), the current ROE % is 8.92% 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 ₱0.86 is trading 43.3% above its estimated GF Value™ of ₱0.60.
GuruFocus considers National Reinsurance of the Philippines to be Significantly Overvalued.
Key valuation signals for PHS:NRCP:
ROE %: 8.92% (228% above median its 10-year median of 2.72)
GF Value™: ₱0.60 vs. price of ₱0.86 (43.3% above fair value)
Industry Position: 23.6% below the Insurance median (#274 of 504)
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.
50GF Score
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