As at Jul 25, 2024, the AFL stock has a PE ratio of 10.3. This is based on the current EPS of $9.14 and the stock price of $94.12 per share. An increase of 6% 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 9.6. The current 10.3 PE ratio is 7% 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 |
|---|---|---|
| 2023 | 10.56 | 2.13% |
| 2022 | 10.34 | 11.18% |
| 2021 | 9.3 | 39.85% |
| 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% |
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 (10.3) than its peer group average of 14.34.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UNM Unum Group | 7.86 | $10.08B |
| CNO CNO Financial Group Inc | 8.96 | $3.37B |
| AFL Aflac Inc | 10.37 | $53.88B |
| AIZ Assurant Inc | 12.02 | $9B |
| PFG Principal Financial Group Inc | 14.99 | $19.11B |
| CI Cigna Corp | 27.89 | $97.62B |
| AAME Atlantic American Corp | N/A | $31.62M |
AFL's price to earnings ratio is 10.3 as of Jul 25, 2024.
The average PE ratio for AFL stock over the past 3 years is 9.26.
The average PE ratio for AFL stock over the past 5 years is 8.92.
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 7% 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 (Jul 25, 2024), Aflac's stock price is $94.12. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $9.14. Therefore, Aflac's P/E ratio for today is 10.3. PE RATIO(10.3) = STOCK PRICE($94.12) / TTM EPS($9.14)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.