Principal Financial Group is trading with a PE to growth ratio of 0.31, based on Jun 22, 2026 data. Dividing the 15.73 PE ratio by the 50.7% earnings growth rate yields this valuation metric.
Historically, Principal Financial Group has a PEG ratio averaging 0.88 across the past ten years. At 0.31, today's PEG ratio sits 65% less than its historical average. The ten years high occurred in the Dec 2020 quarter at 6.11, reflecting maximum valuation relative to growth. The minimum was hit in the Sep 2025 quarter at 0.01, indicating optimal value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | N/A | 16.58 | -21.4% |
| 2024 | 0.07 | 11.43 | 162.4% |
| 2023 | N/A | 30.49 | -86.4% |
| 2022 | 0.02 | 4.43 | 222.7% |
| 2021 | 0.79 | 12.32 | 15.6% |
| 2020 | 6.11 | 9.77 | 1.6% |
| 2019 | N/A | 11 | -7.6% |
| 2018 | N/A | 8.16 | -32.4% |
| 2017 | 0.12 | 8.82 | 75.8% |
| 2016 | 1.19 | 12.72 | 10.7% |
| 2015 | 0.99 | 10.94 | 11.1% |
| 2014 | 0.59 | 14.04 | 23.7% |
| 2013 | 1.1 | 16.49 | 15% |
| 2012 | 0.31 | 10.97 | 35.4% |
| 2011 | N/A | 12.81 | -2.5% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 0.25 | 12.75 | 50.7% |
| Dec 2025 | N/A | 16.58 | -21.4% |
| Sep 2025 | 0.01 | 12.02 | 996.1% |
| Jun 2025 | N/A | 15.92 | -6.7% |
| Mar 2025 | N/A | 17.99 | -13.8% |
| Dec 2024 | 0.07 | 11.43 | 162.4% |
| Sep 2024 | N/A | N/A | -112.2% |
| Jun 2024 | N/A | 14.66 | -16.8% |
| Mar 2024 | N/A | 15.87 | -68.3% |
| Dec 2023 | N/A | 30.49 | -86.4% |
| Sep 2023 | N/A | 11.46 | -69% |
| Jun 2023 | N/A | 11.79 | -60.5% |
| Mar 2023 | 0.02 | 4.33 | 225.4% |
| Dec 2022 | 0.02 | 4.43 | 222.7% |
| Sep 2022 | 0.02 | 3.56 | 222.1% |
Measured against past performance, PFG's PEG ratio sits above its 5-year average, yet it is lower than the 10-year average.
With a PEG of 0.31, PFG stands below the Financial Services sector and the industry average. Looking at its Financial Services sector average of 0.46, Principal Financial Group's PEG is 33% lower.
PFG has a PEG ratio above that of peer stocks PRU and PRI.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| PRI Primerica Inc | 0.2 | $8.85B |
| PRU Prudential Financial Inc | 0.21 | $37.64B |
| PFG Principal Financial Group Inc | 0.31 | $24.27B |
According to Jun 22, 2026 data, PFG's PEG ratio sits at 0.31.
Over the last 5 years, PFG's PEG ratio has averaged at 0.19.
PFG's PEG ratio peaked at 6.11 during the Dec 2020 quarter - the highest in ten years.
Compared to the 10-year average, PFG's PEG ratio is 65% lower.
At 0.31, PFG's PEG ratio suggests the stock may be attractively priced given its growth rate.
To calculate the PEG ratio, take the company's PE ratio and divide by its earnings per share growth (YoY TTM). As of Jun 22, 2026, Principal Financial Group has a P/E ratio of 15.73. Earnings grew at 50.7% over the TTM period ending Mar 2026. Applying the formula, this gives a price to earnings growth ratio of 0.31. PEG RATIO(0.31) = PE RATIO(15.73) / EPS GROWTH(50.7%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.