Reinsurance Group of America price to book ratio RGA
Market value divided by the book value of the company's net assets, since 2010.
- Today, Oct 23, 2026
- 1.3×
- 10-year median
- 1.1×
- Against its 10-year history
- 78th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 0.3× to 2.8×
- Peer median
- 1.6×
Reinsurance Group of America's price to book ratio is 1.3× as of Oct 23, 2026.
That is above its ten-year median of 1.1×, higher than on 78% of days in the last ten years.
Over that time it ranged from 0.3× in Mar 2020 to 2.8× in Feb 2023.
The median for 10 life insurers of a similar size is 1.6×.
Price to book ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 1.3× | 1.0× | 1.3× |
| 2025 | 1.0× | 0.9× | 1.3× |
| 2024 | 1.3× | 1.2× | 1.5× |
| 2023 | 1.3× | 1.2× | 2.8× |
| 2022 | 2.6× | 0.5× | 2.6× |
| 2021 | 0.6× | 0.5× | 0.7× |
| 2020 | 0.6× | 0.3× | 0.9× |
| 2019 | 0.9× | 0.9× | 1.1× |
| 2018 | 1.0× | 1.0× | 1.3× |
| 2017 | 1.2× | 1.0× | 1.3× |
| 2016 | 1.0× | 0.8× | 1.0× |
| 2015 | 0.9× | 0.9× | 1.0× |
| 2014 | 0.9× | 0.8× | 1.0× |
| 2013 | 0.9× | 0.6× | 0.9× |
| 2012 | 0.6× | 0.5× | 0.7× |
| 2011 | 0.7× | 0.6× | 0.9× |
| 2010 | 0.8× | 0.7× | 0.8× |
Against its peers
Companies in Insurance - Life nearest Reinsurance Group of America's size, closest first, today.
| Company | Price to book ratio |
|---|---|
| RGAReinsurance Group of America | 1.3× |
| CRBGCorebridge Financial | 1.4× |
| UNMUnum | 1.3× |
| GLGlobe Life | 1.9× |
| JXNJackson Financial | 0.9× |
| VOYAVoya Financial | 1.9× |
| PRIPrimerica | 3.3× |
| LNCLincoln National | 0.7× |
| PRUPrudential Financial | 1.3× |
| CNOCNO Financial | 1.9× |
| AFLAflac | 2.0× |
| Peer median | 1.6× |
What the price to book ratio tells you
Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.
Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.
More on Reinsurance Group of America
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.