Aflac is trading with a PEG ratio of 0.38, based on Jul 31, 2026 data. Dividing the 14.45 PE ratio by the 37.6% earnings growth rate yields this valuation metric.
Historically, Aflac maintains a PEG ratio averaging 0.98 across the past ten years. At 0.38, today's PEG ratio sits 61% lower than its historical average. The ten years high occurred in the Mar 2017 quarter at 11.68, reflecting maximum valuation relative to growth. The minimum was hit in the Jun 2021 quarter at 0.06, indicating optimal value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | N/A | 16.12 | -29.3% |
| 2024 | 0.45 | 10.69 | 23.9% |
| 2023 | 0.87 | 10.56 | 12.2% |
| 2022 | 0.96 | 10.34 | 10.8% |
| 2021 | N/A | 9.3 | -6.1% |
| 2020 | 0.13 | 6.65 | 50.3% |
| 2019 | 0.68 | 11.89 | 17.4% |
| 2018 | N/A | 12.02 | -34.8% |
| 2017 | 0.09 | 7.55 | 79.9% |
| 2016 | 1.09 | 10.77 | 9.9% |
| 2015 | N/A | 10.19 | -10.1% |
| 2014 | N/A | 9.34 | -3.8% |
| 2013 | 0.92 | 9.82 | 10.7% |
| 2012 | 0.18 | 8.65 | 47.6% |
| 2011 | N/A | 10.4 | -16.1% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 0.33 | 12.44 | 37.6% |
| Dec 2025 | N/A | 16.12 | -29.3% |
| Sep 2025 | 1 | 14.54 | 14.5% |
| Jun 2025 | N/A | 23.86 | -53.6% |
| Mar 2025 | N/A | 17.35 | -29.9% |
| Dec 2024 | 0.45 | 10.69 | 23.9% |
| Sep 2024 | N/A | 16.66 | -12.5% |
| Jun 2024 | 0.44 | 9.37 | 21.4% |
| Mar 2024 | 0.38 | 9.39 | 25% |
| Dec 2023 | 0.87 | 10.56 | 12.2% |
| Sep 2023 | N/A | 10.01 | -4.8% |
| Jun 2023 | 0.45 | 8.89 | 19.7% |
| Mar 2023 | 0.41 | 8.83 | 21.6% |
| Dec 2022 | 0.96 | 10.34 | 10.8% |
| Sep 2022 | 0.23 | 6.97 | 30% |
When comparing to historical data, AFL's PEG ratio comes in under the 3, 5 and 10-year averages.
With a PEG of 0.38, AFL stands above the industry and its peers average but below the Financial Services sector average. In comparison with its Financial Services sector average of 0.48, Aflac's PEG is 21% lower.
Among its peer stocks CI and PFG, AFL's PEG ratio runs higher. Aflac's PEG ratio of 0.38 is above the peer average of 0.26.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| AAME Atlantic American Corp | 0.04 | $32.13M |
| AIZ Assurant Inc | 0.27 | $13.97B |
| CI Cigna Group (The) | 0.36 | $74.89B |
| PFG Principal Financial Group Inc | 0.38 | $24.69B |
| AFL Aflac Inc | 0.38 | $64.72B |
| CNO CNO Financial Group Inc | N/A | $5.26B |
| UNM Unum Group | N/A | $14.32B |
According to Jul 31, 2026 data, AFL's PEG ratio sits at 0.38.
Historical data over a 3-year period places AFL's average PEG ratio at 0.58.
Historical data over a 5-year period places AFL's average PEG ratio at 0.55.
AFL's PEG ratio peaked at 11.68 during the Mar 2017 quarter - the highest in ten years.
Compared to the 10-year average, AFL's PEG ratio is 61% lower.
The 0.38 PEG ratio for AFL reflects strong earnings growth outpacing the current valuation.
PEG equals PE divided by EPS growth rate (YoY TTM). As of Jul 31, 2026, Aflac carries a P/E ratio of 14.45. Earnings grew at 37.6% over the TTM period ending Mar 2026. Applying the formula, this yields a price to earnings growth ratio of 0.38. PEG RATIO(0.38) = PE RATIO(14.45) / EPS GROWTH(37.6%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.