Swiss Re AG

SWX:SREN Stock Report

Market Cap: CHF 35.7b

Swiss Re Valuation

Is SREN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of SREN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: SREN (CHF122.55) is trading below our estimate of future cash flow value (CHF383.46)

Significantly Below Future Cash Flow Value: SREN is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SREN?

Key metric: As SREN is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for SREN. This is calculated by dividing SREN's market cap by their current earnings.
What is SREN's PE Ratio?
PE Ratio9.3x
EarningsUS$4.86b
Market CapUS$44.96b

Price to Earnings Ratio vs Peers

How does SREN's PE Ratio compare to its peers?

The above table shows the PE ratio for SREN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.8x
SLHN Swiss Life Holding
19.9x5.78%CHF 24.4b
HBAN Helvetia Baloise Holding
37.6x29.64%CHF 20.5b
ZURN Zurich Insurance Group
16x6.27%CHF 85.5b
HNR1 Hannover Rück
9.8x-1.71%€27.7b
SREN Swiss Re
9.3x-4.54%CHF 35.7b

Price-To-Earnings vs Peers: SREN is good value based on its Price-To-Earnings Ratio (9.3x) compared to the peer average (20.8x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does SREN's PE Ratio compare vs other companies in the European Insurance Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
SREN 9.3xIndustry Avg. 12.7xNo. of Companies12PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SREN is good value based on its Price-To-Earnings Ratio (9.3x) compared to the European Insurance industry average (12.7x).

Price to Earnings Ratio vs Fair Ratio

What is SREN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SREN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.3x
Fair PE Ratio15.7x

Price-To-Earnings vs Fair Ratio: SREN is good value based on its Price-To-Earnings Ratio (9.3x) compared to the estimated Fair Price-To-Earnings Ratio (15.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SREN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 122.55
CHF 127.40
+3.96%
8.80%CHF 145.73CHF 112.34n/a16
Jun ’27CHF 116.10
CHF 126.05
+8.57%
9.50%CHF 145.49CHF 110.41n/a16
May ’27CHF 125.95
CHF 128.72
+2.20%
8.26%CHF 145.72CHF 114.08n/a16
Apr ’27CHF 131.80
CHF 131.28
-0.39%
7.95%CHF 148.46CHF 118.75n/a16
Mar ’27CHF 135.95
CHF 127.59
-6.15%
8.99%CHF 151.16CHF 112.26n/a15
Feb ’27CHF 123.45
CHF 126.91
+2.80%
8.89%CHF 151.99CHF 112.88n/a15
Jan ’27CHF 132.85
CHF 133.57
+0.54%
8.49%CHF 159.52CHF 115.81n/a16
Dec ’26CHF 141.35
CHF 142.76
+1.00%
11.45%CHF 172.28CHF 118.94n/a16
Nov ’26CHF 146.60
CHF 144.09
-1.71%
11.17%CHF 172.44CHF 124.94n/a15
Oct ’26CHF 146.65
CHF 141.32
-3.63%
13.40%CHF 167.53CHF 97.68n/a15
Sep ’26CHF 142.40
CHF 141.43
-0.68%
14.15%CHF 171.15CHF 98.06n/a15
Aug ’26CHF 146.25
CHF 141.48
-3.26%
14.11%CHF 172.21CHF 94.92n/a15
Jul ’26CHF 136.45
CHF 137.56
+0.81%
13.83%CHF 164.97CHF 93.42n/a15
Jun ’26CHF 145.25
CHF 143.02
-1.54%
13.11%CHF 171.29CHF 97.00CHF 116.1015
May ’26CHF 147.75
CHF 140.92
-4.62%
12.42%CHF 172.72CHF 91.33CHF 125.9515
Apr ’26CHF 152.10
CHF 143.23
-5.83%
11.77%CHF 170.08CHF 97.31CHF 131.8016
Mar ’26CHF 144.30
CHF 140.87
-2.38%
11.23%CHF 165.20CHF 99.40CHF 135.9516
Feb ’26CHF 139.40
CHF 140.97
+1.13%
10.50%CHF 163.08CHF 100.93CHF 123.4516
Jan ’26CHF 131.20
CHF 139.20
+6.10%
10.65%CHF 162.31CHF 100.45CHF 132.8516
Dec ’25CHF 130.15
CHF 129.54
-0.47%
12.58%CHF 158.66CHF 97.89CHF 141.3516
Nov ’25CHF 111.90
CHF 119.97
+7.21%
13.48%CHF 140.95CHF 85.73CHF 146.6016
Oct ’25CHF 115.35
CHF 116.45
+0.96%
14.57%CHF 139.75CHF 81.29CHF 146.6516
Sep ’25CHF 115.70
CHF 115.16
-0.47%
14.68%CHF 140.41CHF 81.67CHF 142.4015
Aug ’25CHF 108.45
CHF 113.62
+4.77%
13.05%CHF 133.28CHF 83.92CHF 146.2515
Jul ’25CHF 112.40
CHF 115.24
+2.53%
12.94%CHF 135.61CHF 83.55CHF 136.4515
Jun ’25CHF 114.70
CHF 112.86
-1.60%
13.03%CHF 133.41CHF 83.92CHF 145.2515
CHF 127.4
Fair Value
3.8% undervalued intrinsic discount
16
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/16 17:34
End of Day Share Price 2026/06/16 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Swiss Re AG is covered by 32 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Markus MayerBaader Helvea Equity Research
Ivan BokhmatBarclays
Michael HuttnerBerenberg