Munchener Ruckversicherungs-Gesellschaft AG (XTER:MUV2) GF Value Rank : 1 (As of May. 11, 2024)

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What is Munchener Ruckversicherungs-Gesellschaft AG GF Value Rank?

Munchener Ruckversicherungs-Gesellschaft AG has the GF Value Rank of 1.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Munchener Ruckversicherungs-Gesellschaft AG's GF Value Rank

For the Insurance - Reinsurance subindustry, Munchener Ruckversicherungs-Gesellschaft AG's GF Value Rank, along with its competitors' market caps and GF Value Rank 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.

Munchener Ruckversicherungs-Gesellschaft AG's GF Value Rank Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Munchener Ruckversicherungs-Gesellschaft AG's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Munchener Ruckversicherungs-Gesellschaft AG's GF Value Rank falls into.

Munchener Ruckversicherungs-Gesellschaft AG GF Value Rank Related Terms

Thank you for viewing the detailed overview of Munchener Ruckversicherungs-Gesellschaft AG's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Munchener Ruckversicherungs-Gesellschaft AG (XTER:MUV2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Munchener Ruckversicherungs-Gesellschaft AG (XTER:MUV2) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

MURGY:USA MURGF:USA MUV2:Italy MUV2d:UK 0KFE:UK

Address

Koniginstrasse 107, Munich, BY, DEU, 80802

Website

https://www.munichre.com

Munich Re was founded in 1880 by Carl Thieme amid a flurry of other reinsurance companies set up independent of primaries. In those early days, most reinsurers typically focussed on a few customers with strong reputations. Thieme focussed on a broader set of cedents in order to drive stronger growth in premiums. This coincided with a strategy of risk diversification and a preference to partner rather than take on a one-sided transfer of risk. In the 1890s, Munich introduced the first machinery insurance. After Thieme and Fink founded Allianz, this was the main channel to sell insurance on machinery. We think the approach of partnering with insurers and preferring to avoid one-sided risk, in conjunction with combining inspection and insurance services, remains at the heart of the firm.

Executives

Dr. Markus Rieß	Board of Directors
Dr. Achim Kassow	Board of Directors
Stefan Golling	Board of Directors
Gerd Rolf Häusler	Supervisory Board
Dr. Christoph Jurecka	Board of Directors
Dr. Thomas Blunck	Board of Directors
Dr. Torsten Jeworrek	Board of Directors
Dr. Joachim Wenning	Board of Directors

Munchener Ruckversicherungs-Gesellschaft AG (XTER:MUV2) Headlines

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