Is Global Indemnity Group LLC overvalued or undervalued?

As of 14 November 2025, the valuation grade for Global Indemnity Group LLC has moved from fair to attractive, indicating a more favorable assessment of its stock. The company appears undervalued, supported by a P/E ratio of 17, a price-to-book value of 0.71, and a return on equity (ROE) of 4.06%. In comparison, Universal Insurance Holdings, Inc. has a P/E ratio of 16.53, suggesting that Global Indemnity is trading at a competitive valuation relative to its peer.
Despite the attractive valuation, Global Indemnity has underperformed against the S&P 500, with a year-to-date return of -23.06% compared to the index's 14.49%. This underperformance, alongside the company's current challenges, highlights the need for cautious optimism regarding its future performance.