Aflac Incorporated AFL
113.72
(0.29)
(0.25%)
as of 25 Sep
- Market cap
- $57.2B
- P/E
- 12.1×
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Aflac Incorporated (AFL) P/B ratio
As of 25 September 2026, Aflac Incorporated (AFL) trades at a P/B ratio of 1.9×. Over the past ten years it has ranged from 0.6× (March 2020) to 2.6× (October 2024); the current reading is higher than 68% of that period. That is above the Insurance Life industry median of 1.1× and above the Financial sector median of 1.3×.
P/B ratio, daily
Annual
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 2.0× | (10.62%) |
| FY2024 | 2.2× | (1.28%) |
| FY2023 | 2.3× | 0.09% |
| FY2022 | 2.3× | 90.75% |
| FY2021 | 1.2× | 25.07% |
| FY2020 | 0.9× | (30.27%) |
| FY2019 | 1.4× | (9.25%) |
| FY2018 | 1.5× | 5.50% |
| FY2017 | 1.4× | 1.05% |
| FY2016 | 1.4× | (3.78%) |
Quarterly
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 2.0× | 3.80% |
| Mar 2026 | 1.9× | (5.72%) |
| Dec 2025 | 2.0× | (3.45%) |
| Sep 2025 | 2.1× | (0.82%) |
| 42 more quarters | Free account |
Against its own ten years
Low 0.6×
High 2.6×
Ten-year median
1.5×
Current reading's percentile
68
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| PUK Prudential Public Limited Company compare | n/m |
| LNC Lincoln National Corporation compare | 0.8× |
| JXN Jackson Financial Inc. compare | 0.9× |
| PRU Prudential Financial, Inc. compare | 1.3× |
| UNM Unum Group compare | 1.4× |
| AFL Aflac Incorporated | 1.9× |
| GL Globe Life Inc. compare | 2.1× |
| MET MetLife, Inc. compare | 2.3× |
| PRI Primerica, Inc. compare | 3.4× |
| Insurance Life industry median | 1.1× |
| Financial sector median | 1.3× |
| Market median | 1.8× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on AFL
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement