As at Nov 29, 2023, the AFL stock has a PE ratio of 10.67. This is based on the current EPS of $7.65 and the stock price of $81.63 per share. An increase of 10% has been seen in the P/E ratio compared to the average of 9.7 of the last 4 quarters.
The mean historical PE ratio of Aflac over the last ten years is 9.59. The current 10.67 PE ratio is 11% above the historical average. Over the past ten years, AFL's PE ratio was at its highest in the Jun 2019 quarter at 13.3, with a price of $54.81 and an EPS of $4.12. The Sep 2020 quarter recorded the bottom point at 5.66, with a price of $36.35 and an EPS of $6.42.
Maximum annual increase: 59.21% in 2018
Maximum annual decrease: -44.07% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2022 | 10.87 | 19.45% |
| 2021 | 9.1 | 36.84% |
| 2020 | 6.65 | -44.07% |
| 2019 | 11.89 | -1.08% |
| 2018 | 12.02 | 59.21% |
| 2017 | 7.55 | -29.9% |
| 2016 | 10.77 | 5.69% |
| 2015 | 10.19 | 9.1% |
| 2014 | 9.34 | -4.89% |
| 2013 | 9.82 | 13.53% |
The current PE ratio of AFL is greater than its 3, 5 and 10-year historical averages.
AFL's PE ratio is lower than its peer stocks CI and PFG, but it is greater than UNM's and CNO's. Aflac is presently trading at a lower PE ratio (10.67) than its peer group average of 12.48.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UNM Unum Group | 6.79 | $8.26B |
| CNO CNO Financial Group Inc | 10.48 | $2.94B |
| AFL Aflac Inc | 10.67 | $47.7B |
| PFG Principal Financial Group Inc | 11.74 | $17.68B |
| AAME Atlantic American Corp | 14.62 | $38.76M |
| CI Cigna Corp | 14.63 | $76.92B |
| AIZ Assurant Inc | 16.61 | $8.61B |
AFL's price to earnings ratio is 10.67 as of Nov 29, 2023.
The average PE ratio for AFL stock over the past 3 years is 8.45.
The average PE ratio for AFL stock over the past 5 years is 9.34.
In the last ten years, the Jun 2019 quarter recorded the highest quarterly PE ratio at 13.3.
AFL's current price to earnings ratio is 11% above its 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Nov 29, 2023), Aflac's stock price is $81.63. The earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $7.65. Therefore, Aflac's P/E ratio for today is 10.67. PE RATIO(10.67) = STOCK PRICE($81.63) / TTM EPS($7.65)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.