Prudential plc (PUKN) - Net Assets
Based on the latest financial reports, Prudential plc (PUKN) has net assets worth MX$21.36 Billion MXN (≈ $1.23 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$212.19 Billion ≈ $12.21 Billion USD) and total liabilities (MX$190.84 Billion ≈ $10.98 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible equity quality of Prudential plc to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | MX$21.36 Billion |
| % of Total Assets | 10.07% |
| Annual Growth Rate | 6.84% |
| 5-Year Change | 23.73% |
| 10-Year Change | 18.04% |
| Growth Volatility | 15.3 |
Prudential plc - Net Assets Trend (2013–2025)
This chart illustrates how Prudential plc's net assets have evolved over time, based on quarterly financial data. See Prudential plc (PUKN) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Prudential plc (2013–2025)
The table below shows the annual net assets of Prudential plc from 2013 to 2025. For live valuation and market cap data, see PUKN stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | MX$21.36 Billion ≈ $1.23 Billion |
+14.38% |
| 2024-12-31 | MX$18.67 Billion ≈ $1.07 Billion |
+3.84% |
| 2023-12-31 | MX$17.98 Billion ≈ $1.03 Billion |
+5.00% |
| 2022-12-31 | MX$17.13 Billion ≈ $985.66 Million |
-0.79% |
| 2021-12-31 | MX$17.26 Billion ≈ $993.55 Million |
-21.95% |
| 2020-12-31 | MX$22.12 Billion ≈ $1.27 Billion |
+12.46% |
| 2019-12-31 | MX$19.67 Billion ≈ $1.13 Billion |
-10.23% |
| 2018-12-31 | MX$21.91 Billion ≈ $1.26 Billion |
+0.74% |
| 2017-12-31 | MX$21.75 Billion ≈ $1.25 Billion |
+20.19% |
| 2016-12-31 | MX$18.10 Billion ≈ $1.04 Billion |
+39.67% |
| 2015-12-31 | MX$12.96 Billion ≈ $745.62 Million |
+9.69% |
| 2014-12-31 | MX$11.81 Billion ≈ $679.78 Million |
+22.39% |
| 2013-12-31 | MX$9.65 Billion ≈ $555.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Prudential plc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 89.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | MX$14.09 Billion | 70.02% |
| Other Components | MX$6.03 Billion | 29.98% |
| Total Equity | MX$20.12 Billion | 100.00% |
Prudential plc Competitors by Market Cap
The table below lists competitors of Prudential plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Garmin Ltd
F:GEY
|
$39.27 Billion |
|
Holcim AG
SW:HOLN
|
$39.28 Billion |
|
Kroger Company
NYSE:KR
|
$39.28 Billion |
|
Commerzbank AG
XETRA:CBK
|
$39.44 Billion |
|
Nokia Corp ADR
NYSE:NOK
|
$39.25 Billion |
|
CBRE Group Inc Class A
NYSE:CBRE
|
$39.24 Billion |
|
American International Group Inc
NYSE:AIG
|
$39.19 Billion |
|
Consolidated Edison Inc
NYSE:ED
|
$39.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Prudential plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 17,492,000,000 to 20,117,000,000, a change of 2,625,000,000 (15.0%).
- Net income of 3,978,000,000 contributed positively to equity growth.
- Dividend payments of 594,000,000 reduced retained earnings.
- Share repurchases of 1,252,000,000 reduced equity.
- New share issuances of 2,000,000 increased equity.
- Other factors increased equity by 491,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | MX$3.98 Billion | +19.77% |
| Dividends Paid | MX$594.00 Million | -2.95% |
| Share Repurchases | MX$1.25 Billion | -6.22% |
| Share Issuances | MX$2.00 Million | +0.01% |
| Other Changes | MX$491.00 Million | +2.44% |
| Total Change | MX$- | 15.01% |
Book Value vs Market Value Analysis
This analysis compares Prudential plc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 68.59x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 64.86x to 68.59x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | MX$8.40 | MX$545.00 | x |
| 2018-12-31 | MX$8.44 | MX$545.00 | x |
| 2019-12-31 | MX$7.49 | MX$545.00 | x |
| 2020-12-31 | MX$8.00 | MX$545.00 | x |
| 2021-12-31 | MX$6.22 | MX$545.00 | x |
| 2022-12-31 | MX$6.17 | MX$545.00 | x |
| 2023-12-31 | MX$6.50 | MX$545.00 | x |
| 2024-12-31 | MX$6.62 | MX$545.00 | x |
| 2025-12-31 | MX$7.95 | MX$545.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Prudential plc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.77%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.52%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 10.55x
- Recent ROE (19.77%) is above the historical average (11.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 13.95% | 2.57% | 0.16x | 33.78x | MX$381.00 Million |
| 2014 | 18.76% | 3.69% | 0.16x | 31.26x | MX$1.03 Billion |
| 2015 | 19.91% | 6.24% | 0.11x | 29.87x | MX$1.28 Billion |
| 2016 | 13.10% | 2.68% | 0.15x | 32.08x | MX$560.64 Million |
| 2017 | 14.85% | 2.76% | 0.18x | 30.70x | MX$1.05 Billion |
| 2018 | 17.45% | 12.07% | 0.05x | 29.49x | MX$1.63 Billion |
| 2019 | 4.02% | 0.84% | 0.21x | 23.32x | MX$-1.16 Billion |
| 2020 | 10.14% | 3.78% | 0.11x | 24.72x | MX$30.20 Million |
| 2021 | -11.95% | -7.71% | 0.13x | 11.65x | MX$-3.75 Billion |
| 2022 | 5.88% | 0.00% | -0.05x | 9.78x | MX$-698.00 Million |
| 2023 | 9.54% | 8.88% | 0.11x | 9.77x | MX$-81.30 Million |
| 2024 | 13.06% | 14.10% | 0.09x | 10.40x | MX$535.80 Million |
| 2025 | 19.77% | 14.52% | 0.13x | 10.55x | MX$1.97 Billion |
Industry Comparison
This section compares Prudential plc's net assets metrics with peer companies in the Insurance - Life industry.
No peer company data available for comparison.
About Prudential plc
Prudential plc, through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa. It offers savings and investments products; and wealth, health, and protection products. The company was founded in 1848 and is headquartered in Central, Hong Kong.