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GL Globe Life PE ratio, current and historical analysis

The current PE ratio for Globe Life stock as of Sep 28, 2023 is 12.73. This is calculated based on the TTM EPS of $8.67 and the stock price of $110.34 per share. The PE ratio has decreased by 4.3% from its last 4 quarters average of 13.3.

GL PE ratio history

How has GL's PE ratio performed in the past

The average historical PE ratio of Globe Life for the last ten years is 12.89. The current price-to-earnings ratio of 12.73 is in line with the historical average. Analyzing the last ten years, GL's PE ratio reached its highest point in the Sep 2017 quarter at 17.08, when the price was $80.09 and the EPS was $4.69. The lowest point was recorded in the Jun 2018 quarter, when it reached 6.24 with a price of $81.41 and an EPS of $13.04.


Globe Life PE ratio by year

Maximum annual increase: 64.96% in 2018

Maximum annual decrease: -54.84% in 2017

Year PE ratio Change
2022 15.97 24.38%
2021 12.84 -6.69%
2020 13.76 -10.71%
2019 15.41 25.9%
2018 12.24 64.96%
2017 7.42 -54.84%
2016 16.43 19.58%
2015 13.74 3.78%
2014 13.24 -3.71%
2013 13.75 45.66%

GL average PE ratio chart

What is the average PE ratio of GL for the past years

Currently, GL's PE ratio is above its 5-year average, but it is under its 3 and 10-year averages.

3-year avg
5-year avg
10-year avg
15-year avg

GL PE vs peers

What is GL's PE ratio compared to its peers

GL's PE ratio is below its peer stock PRI.

Stock name PE ratio Market cap
GL Globe Life Inc 12.69 $10.43B
PRI Primerica Inc 15.97 $7B

Frequently asked questions

What is Globe Life's PE ratio?

The price to earnings ratio for GL stock is 12.73 as of Sep 28, 2023.

What is the 3-year average PE ratio for Globe Life (GL)?

As an average over the last 3 years, GL stock has a PE ratio of 12.88.

What is the 5-year average PE ratio for Globe Life (GL)?

As an average over the last 5 years, GL stock has a PE ratio of 12.62.

What is the highest PE ratio for GL?

The highest quarterly PE ratio in the last ten years has been 17.08 and it was in the Sep 2017 quarter.

How does the current PE ratio for GL compare to its historical average?

The current PE ratio of GL is 1.2% lower than the 10-year historical average.

How is GL's PE ratio calculated (Globe Life PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Sep 28, 2023), Globe Life's share price is $110.34. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $8.67. Therefore, Globe Life's price to earnings ratio for today is 12.73. PE RATIO(12.73) = STOCK PRICE($110.34) / TTM EPS($8.67)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.