QBE share price in focus
QBE began as a marine insurance company in Townsville in the late 1800s and has grown into one of Australia’s largest insurers.
Today, the group operates in 27 countries, offering a broad range of insurance products across the commercial, consumer, reinsurance, and agriculture sectors.
Although QBE has Australian origins, only about 30% of its revenue is now generated domestically, with another 30% coming from the United States and the remainder primarily from Europe.
GMG shares
Goodman Group is a global integrated property group founded in 1989 that owns, develops and manages real estate assets across several continents.
The main operational hubs include markets such as Australia, New Zealand, the UK, Japan, the US, and Brazil, making Goodman the largest ASX-listed property group in 2025.
The company’s investment niche includes projects such as warehouses, large-scale logistics facilities and business and office parks. Goodman’s stated mission is to build mutually beneficial, long-term relationships with its customers and deliver high-quality assets.
QBE & GMG share price valuation
We would consider QBE to be a ‘mature’ or ‘blue-chip’ business, so some of the metrics that could be worth considering include the debt/equity ratio, average yield, and return on equity, or ROE. These measures give us a sense of the company’s debt levels, their ability to generate returns from their assets, and their ability to consistently return profits to shareholders.
For CY24, QBE Insurance Group Ltd reported a debt/equity ratio of 27.0%, meaning the company has more equity than debt.
Over the last 5 years, QBE has delivered an average dividend yield of 2.8% per year. This is important to note if you’re looking for income from your investments.
Finally, in CY24, QBE reported an ROE of 17.2%. For a mature business you generally want to see an ROE of more than 10%, so QBE clears this hurdle.
As for Goodman Group, they reported a debt/equity ratio of 21.2% in FY24, meaning the company has more equity than debt.
Since 2019 GMG has achieved an average dividend yield of 1.3% per year, and in FY24 reported an ROE of 0.1%
Keep in mind that these are only a small selection of metrics. We don’t have enough information to value the business or make an investment decision. To learn more about valuation, check out one of our free online investing courses.
